Tags » Economy

US Commercial Bankruptcies Skyrocket

‘One of the big indicators of the end of the “credit cycle” is the number of bankruptcies. During good times, so earlier in the credit cycle, companies borrow money. 106 more words


Canada's economy lost 2,100 jobs in April, unemployment rate unchanged at 7.1%

Canada’s economy lost 2,100 jobs in April and the unemployment rate remained at 7.1%, Statistics Canada reported Friday.

More to come …


Fostering job insecurity

So the April jobs number came in at a paltry 160K.

And we’ll have commentators saying this number was strong and others will say is was weak, while a third group will say it’s just right. 218 more words


Former retail giant Sears loses its longest-standing store

Growing up, Sears was as important name in retail as any. Receiving that thick annual catalog and scanning through the pages of toys was something of a rite-of-passage for kids. 74 more words

National News

American Pharoah is busy making money in retirement

Jevin Sackett Recomends… Triple Crown winner American Pharoah fetching $200,000 in stud fees but that doesn’t make him a champ in his new career – yet. 12 more words

Jevin Sackett

There's something missing from the US economy, and nobody knows what it is

Economists are know-it-alls.

But even they admit they don’t actually know it all.

Take the basic recipe for economic growth, laid out in the 1950s by Nobel Prize-winning growth theorist Robert Solow. 454 more words

Sherwood Co-op unveils plan for new facility

One of the most high-profile spots along the southern commercial stretch of Albert Street is in for big changes under a plan unveiled Thursday by the Sherwood Co-operative Association. 302 more words