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Finance Archive
The Big ‘Lies’ About Our Economic Prospects
Now in Spring 2007 the world economy was doing very nicely thank you. Following three consecutive years of good growth, averaging 3.8% it was expected to fall only slightly in 2007 to 3.6%. Meanwhile the UK was doing pretty well …
Boeing machinists OK contract tied to 777X
“Tonight, Washington state secured its future as the aerospace capital of the world,” Washington Gov. Jay Inslee said late Friday night. Boeing quickly hailed the eight-year contract extension, affirming that under its terms, the 777X and its composite wing will …
‘Safe’ investments like gold were hit hard in 2013
After three decades of steady gains, bonds had a bad year. Prices for Treasurys and other kinds of bonds slumped as the U.S. economy improved, investors’ nerves steadied and the Federal Reserve prepared to pull back on its huge bond-buying …
5 money resolutions for the new year
Here’s five money resolutions to consider for 2014: 1. Know where you stand Begin 2014 with an overall view of your finances. Figure out your net worth: Write down your assets — bank balances, retirement accounts and the value of …
JPMorgan settles Madoff fraud claims for $1.7B
The deal was announced by the office of U.S. Attorney Preet Bharara, who scheduled an afternoon news conference to detail the agreement to resolve criminal charges: two felony violations of the Bank Secrecy Act in connection with the bank’s relationship …
Stocks open lower on Wall Street ahead of Fed news
The Standard & Poor’s 500 index was down five points, or 0.3 percent, at 1,831. The Nasdaq composite fell eight points, 0.2 percent, to 4,154. Telecommunications and energy stocks fell the most. Ford rose 1 percent after CEO Alan Mulally …
Hops farming grows slowly despite brewers’ demand
Most who remain in business come from agricultural backgrounds and have eased into hops. The goal now seems to be slow-but-steady growth, even in areas where brewers are offering high-priced contracts or money to help start farms. Paul Graham, president …
Government might allow wide planting of genetically altered seeds
Farmers have been eager for a new generation of herbicide-resistant seeds because of the prevalence of weeds that have become immune to Monsanto’s Roundup. But skeptics are concerned that use of the new seeds and 2,4-D will only lead to …
VA under fire for proposed disability filing rule
The Department of Veterans Affairs says the many ways that requests for disability compensation arrive actually hamper its ability to administer benefits, and contribute to a claims backlog that has about 400,000 veterans waiting more than 125 days for a …