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Given the economic problems dominating the headlines these days, it would not be surprising if people are feeling glum. Housing sales continue to fall, thwarting hopes for a turnaround for a key component of the local, state and national economies. The "Big Three" U.S. automakers are jetting, hats in hand, to Congress and asking for money to help them stave off bankruptcy. Banks and other financial institutions need help from the Treasury clearing bad loans and other dubious investments from their books. With all this and more going on, retailers are worrying that the black in the traditional post-Thanksgiving Black Friday start to the holiday shopping season will refer to more than just the mood of shoppers battling large crowds and overflowing parking lots. ...more
November 26, 2008
Those desperate for a change can heave huge sighs of relief with President-elect Obama's victory, but must be realistic about significant change. Current bailouts have shown only relief for Wall Street bankers. ...more
November 26, 2008
Given the economic problems dominating the headlines these days, it would not be surprising if people are feeling glum. At such moments of seeming gloom we should recall that the first Thanksgiving was held during the Civil War. ...more
November 26, 2008
The record profit Florida's home builders made during the boom years has given way to massive problems with cash flow and credit that builders blamed Monday on banks hoarding billions in federal bailout dollars. ...more
November 25, 2008
The record profit Florida's homebuilders made during the boom years has given way to massive problems with cash flow and credit that builders in a news conference today blamed on banks hoarding billions of federal bailout dollars. ...more
November 24, 2008
Those desperate for a change can heave huge sighs of relief with president-elect Obama's victory, but must be realistic about significant change. Current bailouts have shown only relief for Wall Street bankers. ...more
November 24, 2008
Raymond James Financial Inc. said this week it has applied to be part of a federal plan to boost capital in financial institutions and spur lending. ...more
November 22, 2008
Now the big three tells us they need an infusion of cash to the tune of about $25 billion. ...more
November 22, 2008
The world is on the cusp of the most profound shift in global power and influence in a century. Managing this quiet revolution calls for nothing short of a new international system, with a radical revision of existing institutions and patterns of doing business. It is a time for thinking big. ...more
November 18, 2008
You know Middle America is really nervous about the economy when an economic summit of the world's leaders can generate so much weekend buzz. ...more
November 18, 2008
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