It’s official: Dartmouth College President Jim Yong Kim will head the World Bank starting in July. But the New York Times’ Annie Lowrey reports that this time around, the board’s vote was more than just a rubber-stamping process: “While the selection of Dr. Kim by the bank’s 25-member executive board was no surprise, the board [...]
A good-sized chunk of New Hampshire’s economy depends on its manufacturing sector–especially the fabrication of high-tech products and components. And a lot of that stuff gets exported. Now, with increasing chatter about a possible European recession, we thought it would be a good time to re-post our explanation of how, exactly, Eurozone troubles could affect [...]
It’s been a busy week here at StateImpact New Hampshire. Whether it’s looking at utility deregulation, the Dodd-Frank Act, specialty cancer centers or manufacturing in the Granite State, our economic coverage has been rather broad. Here’s our official roundup of the posts you found most click-worthy. Some Key Arguments For–And Against–Making PSNH Sell Its Generating [...]
A new report released by the New Hampshire Housing and Finance Authority shows home foreclosures spiked in December 2011–up 35 percent from that November. Jane Law of the Housing Authority says foreclosures have been declining since their peak in 2010, and December’s jump might be an anomaly, “The biggest factor is just mortgage companies are [...]
One of the key consequences of the economic collapse a few years ago was the passage of a massive piece of legislation called the “Dodd-Frank Act.” The bill was co-sponsored by (now-retired) Democratic Senator Chris Dodd of Connecticut and (soon-to-be-retired) Democratic Massachusetts Representative Barney Frank. In a nutshell, their idea was to prevent another massive [...]
It was a varied news week for the business and economy beat–as our traffic patterns proved. Our most popular pieces covered issues ranging from the State of the Union address to green jobs to Northern Pass and credit card debt. So if you missed any of the five key posts our readers are talking about, [...]
Given the Granite State’s reputation as a stalwart of Yankee frugality, a recent bit of reporting from investor blog Wall Street 24/7 caught us a bit by surprise. The blog quoted a report by credit education site CreditKarma.com. The site mined data from more than 300,000 users to get a bead on the country’s personal [...]
The Boston Globe reports the Royal Bank of Scotland Group plans to cut 4,800 jobs in response to “volatile markets and new regulations in the United Kingdom.” RBS is the parent company of Citizens Bank. While the report doesn’t mention New Hampshire specifically, it appears the layoffs will largely be concentrated in Europe: “RBS spokesman [...]
New Hampshire alumni lead the pack when it comes to average student debt, according to a report from the Project on Student Debt. Nationally, the average Class of 2010 student graduated with $25,250 in loans, while New Hampshire alumni carried student debt loads of $31,048, on average. So why does student debt matter for the [...]
Student debt has been a popular topic lately. The big figure currently bandied about is that American students and alumni are carrying a trillion dollars of debt. But that figure, $1,000,000,000,000, it feels so…abstract. I’ve never even seen a million dollars, let alone a billion or a trillion. What can a trillion dollars buy? It [...]
StateImpact seeks to inform and engage local communities with broadcast and online news focused on how state government decisions affect your lives.
Learn More »