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US House panel advances 3 free trade agreements

October 6, 2011 WASHINGTON (AP) — A House committee vote Wednesday set in motion the final act of the long drama of approving free trade agreements with South Korea, Colombia and Panam. more »»

Stocks on rise

October 6, 2011 NEW YORK (AP) — Stocks rose sharply for a second straight day Wednesday on signs that the U.S. more »»

US incomes fall for first time in almost two years

October 1, 2011 WASHINGTON (AP) — Americans earned less last month, the first decline in nearly two years. With less income, consumers could cut back on spending and weaken an already-fragile economy. more »»

Eurozone inflation jumps to 3 percent in Sept.

October 1, 2011 FRANKFURT, Germany (AP) — Inflation jumped to a startling 3. more »»

Factory growth stagnant in China

October 1, 2011 SHANGHAI (AP) — China’s manufacturing remained stagnant in September due to sluggish demand both at home and abroad, according to a survey released Friday. more »»

Oil lower as volatile 3Q ends

October 1, 2011 NEW YORK (AP) — Benchmark oil was lower Friday ahead of a traditionally weak time for petroleum demand in the U.S. October is usually a slow month in the oil business. more »»

Kodak plunges on bankruptcy fears

October 1, 2011 ROCHESTER, N.Y. (AP) — Investors dumped Eastman Kodak’s stock amid fears that the photography pioneer is headed toward bankruptc. more »»

Stocks end on gloomy 3rd quarter note

October 1, 2011 NEW YORK (AP) — The worst quarter for the stock market since the financial crisis ended on another down note. Stocks fell broadly Friday on fresh signs that Europe’s debt problems and the U.S. more »»

Economy gains but not fast enough to cut unemployment

September 30, 2011 WASHINGTON (AP) — The economy is showing signs of modest improvement — not enough to reduce high unemployment but enough to ease fears that another recession might be near. more »»

Germany bolsters Euro hope

September 30, 2011 BERLIN (AP) — Germany kept alive hopes that the 17-nation euro currency can survive the sprawling debt crisis when lawmakers in Europe’s largest economy voted overwhelmingly on Thursday in favor of... more »»

Rate on 30-year mortgage falls to record 4.01 pct.

September 30, 2011 WASHINGTON (AP) — Fixed mortgage rates have fallen to historic new lows for a fourth straight week and are likely to fall further. The average on a 30-year fixed mortgage fell to 4. more »»

Election-year ruling looms for health care overhaul

September 30, 2011 WASHINGTON (AP) — President Barack Obama’s landmark health care overhaul appears headed for a Supreme Court ruling as the presidential election season hits full stride in the coming year. more »»

Late rally ends stocks higher

September 30, 2011 NEW YORK (AP) — It was another day of big swings in the stock market. The Dow Jones industrial average ended with a gain of 143 points Thursday. more »»

Equipment orders increase

September 29, 2011 WASHINGTON (AP) — Companies ordered more machinery, computers and communication equipment in August, a positive sign for the slumping U.S. economy. more »»

Area Business News

September 29, 2011 Blackman receives award Daniel G. Blackman, formerly of Warren, currently residing in Philadelphia, has been selected for the Art Directors Club of New York City Young Guns 9 award. more »»

Unemployment rates fell in majority of cities

September 29, 2011 WASHINGTON (AP) — Unemployment rates fell in roughly two-thirds of U.S. cities last month, despite zero job growth nationwide. more »»

Ford’s success stirs UAW resentment

September 29, 2011 DEARBORN, Mich. (AP) — Ford’s turnaround over the last five years has resulted in big profits and won its CEO a reputation for brilliant management. more »»

Dow Jones drops 180 points

September 29, 2011 NEW YORK (AP) — A three-day winning streak in the stock market came to an end Wednesday as investors worried about Europe’s ability to contain its debt crisis. more »»

Federal agency cites Fannie Mae for failure to stop robo-signing

September 24, 2011 WASHINGTON (AP) — Fannie Mae missed chances to catch law firms illegally signing foreclosure documents and its government overseer did not take the right steps to ensure Fannie was doing its job,... more »»

Stocks mixed

September 24, 2011 A brutal week for the stock market ended on a quiet note Friday, but worries about the global economy continued to pound copper, gold and other commodities. more »»

 
 

 

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