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Eurozone is warned of 'severe recession' risk Published: Wed, May 23, 2012 The 17-country eurozone risks falling into a “severe recession,” the Organization for Economic Cooperation and Development warned Tuesday, as it called on governments and Europe's central bank to act quickly to keep the slowdown from dragging down the global economy. Read More
Steve Chapman: China and the lure of the status quo Published: Tue, May 22, 2012 BEIJING — A rising Asian power with an unstoppable export machine, rapidly growing wealth and a sense that our time is past and its time has come: China in 2012? Yes — but also Japan in the 1980s. Back then, many Americans thought Japan was destined to dominate the world economically. Japanese leaders had the... Read More
Outcome-based payments have cost-saving potential Published: Mon, May 21, 2012 A New York Times article also published in the Arkansas Democrat-Gazette discussed a slowdown in the growth of health spending. Before 2009, health care spending invariably rose at 3 or 4 times the rate of inflation. But in 2009 and 2010, costs increased by only 4 percent and remained flat at 18 percent of our... Read More
New homes provide space for extended family Updated: Sun, May 20, 2012 Builders across the country are beginning to respond to a demand for multigenerational housing where aging parents are living with their children or adult children move back in with their Baby Boomer parents. Read More
Greek, European debt crisis Published: Tue, May 15, 2012 Europe's debt crisis risks spiraling out of control. And in today's interconnected global economy, Greece's troubles, as well as those of Spain and Italy, could over time become a headache for all of Europe and by extension the rest of the world, including the U.S. Read More
Borrowing has become Published: Fri, May 11, 2012 Federal Reserve chairman concedes some mortgage difficulties, notes healthier credit conditions Read More
Oil industry adds $61 billion to Oklahoma economy, report shows Updated: Wed, May 9, 2012 Oklahoma's oil and natural gas industry provided an economic impact of more than $61 billion last year, according to a report commissioned by the Oklahoma Energy Resources Board. Read More
Long-term unemployed in Oklahoma eligible for fewer weeks of benefits Published: Tue, May 8, 2012 Oklahoma's drop in unemployment triggers end to ‘Tier 3' federal benefits Read More
Economy teeter-totters through uncertainty Published: Mon, May 7, 2012 Which way will the economy, and the stock market, go? Both have been see-sawing back and forth, temporarily in a balancing act that has bulls and bears — and economists — holding their breath. The stock market registers this standoff not only in the daily ups and downs but in dwindling volume, as each side... Read More
Jobs report sends oil to lowest price in six months Published: Sat, May 5, 2012 Motorists watch pump prices, look forward to filling up with cheaper gasoline. Read More
85 new jobs in proposed $952M Oklahoma City budget Updated: Tue, May 1, 2012 The Oklahoma City Council is considering a proposed $952 million city budget for fiscal year 2013. The budget includes 85 new city jobs, which were made possible with steady growth in the metro area. Read More
In pursuit of finer things, men finding fashion Updated: Mon, Apr 30, 2012 Don't be fooled by the old "my girlfriend bought me this" line. Fashion insiders say men are taking a keen interest in how they dress — and that means developing their own shopping habits. The biggest difference in how they shop for clothes? Probably research — and purpose. Read More
FDR model for Obama Updated: Sat, Oct 15, 2011 It’s now clear the Republicans will focus on “presidential leadership” in the upcoming general election campaign offering their critique of the leadership style of President Barack Obama. While I have been disappointed in specific decisions by Obama, his thoughtful and deliberate style is exactly what the... Read More
Some reasons to be bullish on the stock market Updated: Tue, Sep 27, 2011 There' has been so much volatility and panic in the stock market lately that maybe it's time to step back and take a longer perspective. When "everyone knows" that a recession is coming, when "everyone knows" that the Fed is "pushing on a string" and when "everyone knows" that the politicians are going to mess up... Read More
What's going on in the financial world and what should you do? Published: Tue, Aug 16, 2011 Q. What's going on in the financial world? And what should I do? A. These are the two questions I have been asked repeatedly over the past week. The volatility of the markets is frightening and baffling to many. The "smart money" can't make up its mind where to be — with dramatic consequences for prices. Behind... Read More
Oklahoma City outlet mall a ‘can’t-miss’ in more ways than one Updated: Thu, Jul 14, 2011 Oklahoma City’s new outlet mall is pretty much impossible to miss. With its bright color scheme, large footprint and white circus tent-like peaks, the Outlet Shoppes at Oklahoma City is about to become a landmark. Not only is the center highly visible and meant to draw people from Interstate 40, but it’s... Read More
Unemployment rose to 9.2 percent as hiring stalls Updated: Fri, Jul 8, 2011 WASHINGTON (AP) — Hiring slowed to a near-standstill last month, raising doubts that the U.S. economy will rebound in the second half of the year after a spring slump. The economy generated only 18,000 net jobs in June, the fewest in nine months. The unemployment rate rose to 9.2 percent, the highest rate of the... Read More
Three Oklahoma counties listed among least economically stressed Updated: Tue, Jun 7, 2011 The nation's economic stress fell to a two-year low in April, thanks to the strongest private-sector hiring in five years and a dip in bankruptcy filings, according to The Associated Press' monthly analysis. The improved picture for jobs and bankruptcy filings offset a slight rise in foreclosures. The easing... Read More
Teens get wise to personal finance Published: Mon, Jun 6, 2011 On a recent national financial literacy exam, nearly half of Chad Posner's 84 students at Mira Loma High School scored in the top 10 percent. One of those, 18-year-old Angela Liu, scored a perfect 100 percent on the 40-question online test, whose results were released in April by the U.S. Treasury. Read More
AP IMPACT: CEO pay exceeds pre-recession level Updated: Fri, May 6, 2011 NEW YORK (AP) -- In the boardroom, it's as if the Great Recession never happened. CEOs at the nation's largest companies were paid better last year than they were in 2007, when the economy was booming, the stock market set a record high and unemployment was roughly half what it is today. The typical pay package... Read More
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