Archive for June, 2012

Business News in Brief

Business news from around the region and elsewhere.

China H1 growth seen over 7.5 per cent, but pressures remain

China's annual economic growth could exceed 7.5 percent in the first half of 2012 but the economy still faces growing downward pressure.

Plano ISD approves $435 million budget: 3 percent raises included for all employees

Even with a $10 million loss in state funding, Plano ISD was able to pass a budget that included employee raises and no layoffs.

Orange County's economy shows signs of a recovery

One of the county's biggest economic drivers, tourism employment, has rebounded while other sectors are improving. The opening of Cars Land, the latest expansion for Disney's California Adventure theme park, made headlines in recent days. But t…

Weak U.S. job market weighs on broader economy

WASHINGTON — The sluggish job market is weighing on the U.S. economy three years after the Great Recession ended. And the signs suggest hiring may not strengthen any time soon.

Analysts expecting Fed action

Anticipation is high that the Federal Reserve will announce some new step today to try to rejuvenate the U.S. economy and boost investor confidence. Just what that might be is unclear.

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Plano ISD approves $435 million budget: 3 percent raises included for all employees

Even with a $10 million loss in state funding, Plano ISD was able to pass a budget that included employee raises and no layoffs.

From the Washington Consensus to a Singapore Consensus?

While the global financial crisis has prompted a reexamination of the roles of markets and governments, there is no clear agreement as to the proper balance between the two. Ravi Menon makes the case that yes, Europe, governments need markets and yes,…

Plano ISD approves $435 million budget: 3 percent raises included for all employees

Even with a $10 million loss in state funding, Plano ISD was able to pass a budget that included employee raises and no layoffs.