Archive for January, 2012

Debt crisis: as it happened, January 30, 2011

French president Nicolas Sarkozy says the Czech PM won't sign up to the financial stability treaty, already vetoed by Britain, and that a deal on Greece's debt could be agreed in 'days'.

Euro-region Debt Sales Top $29 Billion This Week Amid Fitch Cuts

European nations including Italy, Belgium and Spain sell no less than 22 billion euros of securities this week as credit-rating cuts risk upending optimism the region’s debt crisis is being contained.

Rates on 30-year mortgages inch upward to 3.9 percent

The average rate on 30-year fixed mortgages rose last week for the first time this month, though it remained below 4 percent for the eighth straight week.

Investment in equipment, fewer layoffs show businesses growing more confident

WASHINGTON — Businesses are growing more confident in the economy, investing in more equipment and laying off fewer workers.

Sherwood officials weigh revenue, needs

Several Sherwood city officials said during an Aug. 30 budget meeting that there are serious needs in city infrastructure maintenance and upgrades.

New state jobless numbers offer hope to unemployed

South Carolina 2011 unemployment picture ended on a brighter note the state's jobless rate dropped to 9.5 percent in December from 9.9 percent the previous month, the lowest rate since December 2008.

Home sales jump in December, reaching highest level in four years

Home sales in Shasta County jumped nearly 15 percent in 2011, reaching their highest level in four years, a sign that the market may be rebounding from its bottom.

For the rich, investing in hotels reaps intangible gains

Good business reasons can be made for the investment, yet rich investors could probably have made more money elsewhere if they were looking only at returns.

Montana consumers benefit as natural gas prices drop

As market prices for natural gas are hitting rock-bottom, Montana household consumers are benefiting as well but their rates haven’t dropped quite as much as the market.

Dec. home sales improve

WASHINGTON — Home sales in December reached their highest pace in nearly a year. The gain coincided with other signs that the troubled housing market improved at the end of last year.