Don’t lose that home -- rent it Friday, November 6, 2009 WASHINGTON — Thousands of borrowers on the verge of foreclosure will soon have the option of renting their homes from Fannie Mae, under a policy announced Thursday.
Associated Press
October gives retailers reason to smile Friday, November 6, 2009 NEW YORK — Consumers, looking to outfit themselves for cooler weather and enticed by an improving economy, spent a little more in October, handing the retail industry its second consecutive ...
Associated Press
Fed pledges to keep interest rates low Thursday, November 5, 2009 WASHINGTON — With the recession apparently over, the Federal Reserve on Wednesday held a key interest rate at a record low and again pledged to keep it there for an ...
Associated Press
Fundraiser to help equestrian center Thursday, November 5, 2009 Local companies and cattle producers are gathering next Monday for a fundraiser to benefit Soaring Hope Equestrian Center — and to learn some of the latest information on livestock handling.
Associated Press
Strong auto sales show industry stabilizing Wednesday, November 4, 2009 DETROIT — GM reported its first monthly gain in U.S. sales in almost two years while Toyota and Ford also improved, a sign the auto industry it starting to crawl ...
Associated Press
Buffett’s Berkshire buying railroad Wednesday, November 4, 2009 NEW YORK — Legendary investor Warren Buffett is making what he calls an “all-in wager” on the U.S. economy — $34 billion to buy a major railroad that hauls everything ...
Associated Press
New owners for local firm Tuesday, November 3, 2009 Folding carton manufacturer St. Joseph Packaging has been acquired by a New York-based packaging company. Several local employees were laid off.
Ahmad Safi
Ford surprises with $1B profit Tuesday, November 3, 2009 DEARBORN, Mich. — Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter and ...
Associated Press
Chick-fil-A announces opening date Sunday, November 1, 2009 Chick-fil-A, the nation’s second-largest chicken restaurant chain, plans to open a restaurant at The Shoppes at North Village in July.
Ahmad Safi
Tapping the Hispanic consumer market Sunday, November 1, 2009 When the cupboards are bare and Armando Garza feels the munchies, he is not going to the closest grocery store or Wal-Mart. He walks to the local “tiendita” or small ...
Ahmad Safi
Nearly 650,000 jobs credited to stimulus Saturday, October 31, 2009 WASHINGTON — Nearly 650,000 jobs have been saved or created under President Barack Obama’s economic stimulus plan, the government said Friday, and the White House declared the nation on track ...
Associated Press
Dow falls 250 points Saturday, October 31, 2009 NEW YORK — Grim signals about consumer spending ripped through the markets Friday, sending stocks tumbling as investors raced for safe havens.
Associated Press
Economy grows at 3.5% Friday, October 30, 2009 WASHINGTON — The U.S. economy grew at a better-than-expected 3.5 percent annual rate from July through September, the government reported Thursday, the clearest sign yet that the deep recession that’s ...
Associated Press
Commons to unveil 2 eateries in March Friday, October 30, 2009 Two new restaurants will open in The Commons shopping development in March — King Kong Fast Food and Mr. Goodcents Subs & Pastas.
Ahmad Safi