Topic: The Associated Press

The Recession And Retirees

The Dow hit 10,000 this week for the first time in a year, but most people aren't celebrating. Barack Obama is not getting the blame for the state of the economy, but his ratings on handling it have declined nonetheless. In February, ...
Late last month, the Social Security Administration revealed that " applications for retirement benefits were 23 percent higher than last year, while disability claims have risen by about 20 percent," according to the Associated Press.. Although officials had anticipated that a rise ...
Correction: Good Jobs Unfilled storyIn an Oct. 4 story about good jobs going unfilled, The Associated Press reported erroneously the number of jobs the Labor Department says have been lost since the recession began in December 2007. The correct figure is 7.2 ...
Compensation for Parker-Hannifin's CEO fell 6.3 percent as recession cut profit 46 percentThe CEO of Parker-Hannifin Corp. received compensation in fiscal 2009 valued at $9.1 million, 6.3 percent less than the previous year's compensation, according to an Associated Press calculation of figures ...

Economy inching upward

News on several fronts has been good recently, a sign that Obamas policies are working The government incentives are providing a little bit of acceleration .. and frankly we need it.Tim Quinlan, Wells Fargo economist We believe it is time that President ...
Nortel CEO steps down as company liquidates; board of directors to be reduced to 3 from 9Nortel Networks CEO Mike Zafirovski is stepping down from the troubled telecommunications company, saying " a natural transition point" has been reached as the company continues ...
It's a good thing the U.S. government owns a printing press and knows how to use it because, from the looks of these revenue curves (hoisted from this AP story), the chance that new borrowing will cover all the nation's spending grows ...
Slice of middle America safe from recession's toll is shrinking as ag and energy prices fallCarl Rupp and his neighbors follow the old rancher's creed: "To say that you're doing pretty well is just to say that it's the best-looking puppy in ...

Health Highlights: July 29, 2009

Consumers should stop using body-building products that claim to contain steroids or steroid-like substances, many of which are sold as dietary supplements, the U.S. Food and Drug Administration warned in a public health advisory issued late Tuesday.. Eight of the products are ...

A Tale of Two Banking Worlds

An Associated Press article, dated July 19 (here), discusses the possibility that U.S. banks may fail to address bad debts in a timely manner.. David Rosenberg, Chief Economist at Gluskin Sheff, has two revealing graphs in his July 20 newsletter (here): We ...