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August 19, 2011

Will Bank Of America Job Cuts Reach New England? Maybe.

Reporting on the big business news of the day–Bank of America cutting 3,500 jobs–Todd Wallack of the Boston Globe digs into possible regional fallout: “Bank of America declined to comment on the prospect of further job reductions or say how many of the job cuts will occur in New England. But Massachusetts will likely be affected because […]

World Markets Still Jumpy

It’s been yet another rough day for world markets.  As AP Business Writer Colleen Barry reports, investors remain jittery about a possible double-dip recession in the US, and the on-going debt crisis in Europe.  A good way to begin analyzing today’s market jumpiness is to start with Barry’s roundup of what  global investors have been up to:

What You Need To Know About The New Comcast Warehouse In Salem

This week, Comcast invited business leaders, elected officials, and the media to an event at the company’s new warehouse and inspection station in Salem, NH.  Although the facility officially “opened” on August 17th, it had actually been up and running for a couple of months.  (The Boston Globe ran a story about the facility two days before […]

August 18, 2011

Health Care Job Boom Could Soon Slow

This week, New York Times reporters Reed Abelson and Katie Thomas took on a sticky issue–as the federal and state governments cut into health care funding their budgets can’t support, can the health care industry continue to generate much-needed jobs?  The answer, it seems, is no.

August 17, 2011
August 16, 2011
August 15, 2011

Homebuilder Confidence Remains Lackluster

More of the same…for two years running now.  That’s the upshot of a story by AP writer Derek Kravitz analyzing the latest numbers from the National Association of Homebuilders. “The National Association of Home Builders said Monday that its index of builder sentiment in August was unchanged at 15. The index has been below 20 for […]

August 12, 2011

Price Of Crude Down About 20 Percent. Price Of Gas…? Not So Much.

Here’s an interesting take on Granite State gas prices from the New Hampshire Business Review.   “The cost of a barrel of crude was $81 on Wednesday, about a 20 percent decrease from a couple of months ago. The fall in price is due in large part to global economic uncertainty stemming in part from the […]

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How Stock Market Jitters, Treasury Bonds, And Fed Interest Rates Affect The State’s Economy

It’s been a crazy couple of weeks, with financial tremors continuing to shake-up the jagged economic landscape.  National GDP barely went up, Congress made an 11th hour deal to raise the debt ceiling, S&P downgraded the US credit rating anyway, and the Federal Reserve decided to hold interest rates steady—at virtually nothing—for the next two […]

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