Posts Tagged ‘ economy ’

Dow and Nasdaq positive for 2011 as stocks rally again

October 14, 2011
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Dow and Nasdaq positive for 2011 as stocks rally again

Major U.S. stock indexes on Friday broke out of the trading range where they’ve been stuck for two months, as a surprisingly strong retail sales report and gangbuster earnings from Google Inc. helped fuel a broad rally. The Dow Jones...

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Bay Area home sales pick up as prices fall

October 14, 2011
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Bay Area home sales pick up as prices fall

As prices fell, Bay Area home sales picked up in September from the same month a year prior.

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Poll: Americans struggling more than Chinese to keep families fed

October 14, 2011
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Poll: Americans struggling more than Chinese to keep families fed

Nearly 20% of Americans found it difficult to put food on the table over the last year, according to a Gallup poll released this week. In China, however, only 6% of residents are running into the same problem, the study...

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Consumer Confidential: Shoplifting on rise, Google scam, rotary engines

October 7, 2011
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Consumer Confidential: Shoplifting on rise, Google scam, rotary engines

Here's your full-frontal Friday roundup of consumer news from around the Web: -- Consumer spending may be on the ropes, but not shoplifting. The retail Industry Leaders Assn. says there's been an increase this year in thefts from retail stores...

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Wall Street: Jobs report helps stocks rise

October 7, 2011
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Wall Street: Jobs report helps stocks rise

The jobs report this morning did not paint a pretty picture, but it had some good headline numbers that appeared to be enough to help send stocks up again. A leaked version of the so-called Volcker rule -- designed to stop proprietary trading on Wall Street -- has sent law firms and regulators and bankers into a tizzy.

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How your financial values have changed

September 29, 2011
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How your financial values have changed

Since 2008, the worst economic downturn since the Great Depression has dramatically changed the way millions of families manage their money and their lives.

Now, more than three years after the collapse of financial institutions, stock prices, and home values, enough time has passed to ask a critical question: Which of our newfound habits and values will really stick, lasting...

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Grocery workers ratify contract

September 25, 2011
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Grocery workers ratify contract

Members of Southern California’s grocery union voted to ratify a new contract with Ralphs, Vons and Albertsons on Saturday night, bringing an end to labor negotiations that dragged on for more than eight months and brought tens of thousands of...

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Fed will revive Operation Twist in hope of stimulating recovery

September 21, 2011
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Fed will revive Operation Twist in hope of stimulating recovery

Federal Reserve: A divided Federal Reserve, trying to do what it can to perk up the dreary economy, announced Wednesday that it would revive a half-century-old scheme intended to make borrowing even cheaper for consumers, businesses and municipalities.

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Long-term Treasury bond yields dive on new Fed plan

September 21, 2011
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Long-term Treasury bond yields dive on new Fed plan

Long-term Treasury bond yields are plummeting Wednesday after the Federal Reserve confirmed it would shift more of its mammoth Treasury portfolio toward longer-term securities. Although the Fed’s decision, announced in its post-meeting statement, had been expected, the volume of purchases...

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Surge of holiday retail goods is starting at U.S. ports

September 21, 2011
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Surge of holiday retail goods is starting at U.S. ports

The relative doldrums for import cargo traffic through the nation's major seaports are finally over, according to a report released this week by the Washington consulting firm Hackett Associates.

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Feature

Last Week to Apply to Show in The Mercury’s Annual Fashion Show!

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The clock is ticking! Applications for designers interested in showing in this year's eighth annual Mercury Spring Fashion show are due by 5 pm...

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