While in Columbus last week President Obama suggested that those who oppose alternative energy sources might be considered members of the “flat earth society,” much like people who opposed exploration by the likes of Christopher Columbus. In this instance, according to the president, those who cling to fossil fuels and ignore alternative energy sources are much like ostriches, plunging their heads into the ground and failing to understand the need for change in any active, growing and healthy economy.
Mar 28 2012 | Posted in
Jim Newton |
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NEW YORK — It was a mundane end to an electrifying week on the stock market.
Mar 16 2012 | Posted in
AP News |
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NEW YORK — Banks dodged a big hit from the Greek debt crisis and rallied Thursday to lead the stock market higher. Strong retail sales and more encouraging news about the U.S. job market also helped stocks rise.
Mar 1 2012 | Posted in
AP News |
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WASHINGTON — The final weeks of 2011 were among the economy’s strongest as Americans shopped and traveled more, ending the year with a shot of optimism for 2012.
Jan 11 2012 | Posted in
AP News |
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Without a doubt many people have heard news reports over the past few years where some economic analyst proclaims that the economy has finally taken a turn for the better and people’s lives are improving. After hearing the opinion of this talking head, many may be left thinking one of two things. Is the person who is offering this opinion so totally out of touch with reality that they haven’t got the slightest clue how people are continuing to suffer in our lethargic economy? Or, alternatively, some may ask themselves — particularly if these good-news reports seem to continue week after week — if their lot in life is so lacking and their efforts so undervalued in the marketplace that they are falling behind while everyone else is finally recovering?
Dec 21 2011 | Posted in
Jim Newton |
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WASHINGTON — Consumers are giving a modest lift to the economy. They spent more on trucks, electronics and building supplies in October to boost retail sales for the fifth straight month.
Nov 15 2011 | Posted in
AP News |
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WASHINGTON — Discouraging economic data from around the globe have heightened fears that another recession is on the way. Fresh evidence emerged Thursday that U.S. home sales and manufacturing are weakening. Signs also surfaced that European banks are increasingly burdened by the region’s debt crisis and sputtering economy. The rising anxiety ignited a huge sell-off in stocks that led many investors to seek the safety of U.S. Treasurys.
Aug 18 2011 | Posted in
AP News |
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WASHINGTON — The economy might not be on the brink of another recession after all. Consumers, who drive most economic growth, spent more on cars, furniture, electronics and other goods in July — and more in May and June than previously thought. That burst of activity is encouraging because it shows many Americans were willing to spend despite high unemployment, scant pay raises, steep gas prices and diminished wealth. If it keeps up, the economy might rebound after growing at an annual rate of just 0.8 percent in the first half of 2011.
Aug 12 2011 | Posted in
AP News |
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