Archive for March, 2008

East Asia Economies Pressed by Inflation

By GILLIAN WONG SINGAPORE — East Asian nations must act promptly to ease the burden of mounting food and fuel prices on the region’s poor, the World Bank said Tuesday. (25 mins ago)

Election at odds for care providers

Half a year after their first contest, two groups vying to represent adult family home providers are in a cliff-hanger election. (20 mins ago)

Spending posts weakest gain in 17 months in February

WASHINGTON — Consumers turned in the weakest spending performance in 17 months in February, while their confidence dropped to the lowest level in 16 years, raising further fears of a recession. (24 mins ago)

Business Glance

Newspapers ??? ??? Online ad revenue grows; print income plummets ??? ??? Newspaper print advertising revenue fell by the biggest percentage on record in 2007, an industry trade group reported Friday. (7 mins ago)

Market ‘vibrant’; jobless rate falls

The national economic downturn hasn’t hurt the job market in El Paso and across Texas, state data released Thursday show. El Paso’s unemployment rate declined to 5.5 percent in February. (9 mins ago)

Income growth 3rd in nation

Mississippi had the third-highest increase in per capita income among all states in 2007, according to a Bureau of Economic Analysis report released Wednesday. (13 mins ago)

Television – Business

Finance Minister Michael Cullen says National is likely to promise bigger tax cuts than Labour – but he says if they do, the National Party would risk eroding New Zealand’s economic platform. (4 mins ago)

Health Care: Not So Recession-proof

The medical industry’s footing becomes shaky in tough economic times. For starters, folks could opt for mortgage payments over health insurance (12 mins ago)

Japan corporate business sentiment falls to record low

TOKYO – Sentiment among Japanese companies worsened to a record low during the January-March period, as high materials prices and a strong yen ate into their profits, a government survey showed Monday. (1 min ago)

Steer Clear Of Stock Market Storms: Part Two

If you’re risk-averse investing in shares is probably the last thing you would do. Could corporate bonds be a better choice for you? (1 hour ago)