Archive for August, 2008

Sarasota Real Estate: When Property Purchase Is Giving You Problems

Let’s face it; purchasing a residential property in Sarasota is not for the faint of heart. There are so many twist and turns in this project that an inexperienced homebuyer will sure face that will practically discourage them before seeing the end of it. (20 mins ago)

Eurozone inflation pulls back from record high

Inflation in the 15 countries sharing the euro came off record highs in August, offering an increasingly rare ray of light as the threat of recession looms, official EU data showed on Friday. (6 hours ago)

Euro area inflation falls

Euro area inflation fell in August from a record high, offering some relief as economic confidence plunged to the lowest level in five years, the European Commission said Friday. (25 mins ago)

Profit slump batters Chaucer

Lloyds underwriter Chaucer tumbled to its lowest in two years Thursday as above average claims sent half year pre-tax profit plunging 92%. (11 mins ago)

Study: State manufacturers provide less job training than others in region

More Michigan manufacturing plants provide less than 21 hours of formal job training for workers per year than plants in other Great Lakes states. (43 mins ago)

Census: 15 percent of Arkansans Below Poverty Line

New data released by the U.S. Census Bureau shows Arkansas continues to have one of the nation’s lowest median household income rates and highest poverty rates. (21 mins ago)

PetroChina to Buy 50% Stake In Overseas JV for $11.8B

PetroChina Co. has agreed to buy a 50% stake held by its parent company, China National Petroleum Corp., in an international joint venture in a deal worth $11.8 billion, a person familiar with the situation said Monday. (27 mins ago)

In Central Valley, the Ruins of the Housing Bust

The experience of Merced, Calif., suggests that recovery from the national real estate debacle will be painful and protracted. (3 hours ago)

Jobless rate leaps 1.1 points

Unemployment vaulted a whopping 1.1 points in Davidson County in July, increasing to 7.8 percent.But there’s an explanation. (4 hours ago)

Strength of the dollar on the rise

The dollar turned up against major currencies Friday as Federal Reserve Chairman Ben Bernanke said he would “act as necessary” to control inflation at an economics conference and as oil retreated again. The British pound dropped to a 25-month low. (44 secs ago)