Fri, 20 Nov 2009 16:00:00 -0500

Boeing Hopes Long-Delayed Plane Takes Off In S.C.

Boeing has moved to South Carolina from its ancestral home in the Pacific Northwest to build the 787 Dreamliner. The company will spend less on labor and receive more than $175 million in state incentives. But it will have to train a new workforce, which Boeing's Seattle unions predict may be the undoing of the Southern operation.

Fri, 20 Nov 2009 12:50:00 -0500

Jobless In October: A State-By-State Look

Jobless rates rose in 29 states and the District of Columbia in October, the Labor Department reported. Rates declined in 13 states and were unchanged in eight.

Fri, 20 Nov 2009 10:50:00 -0500

Cash Under The Mattress

Treasury yields briefing dipped into negative territory this week, reflecting investors' lingering concerns about the economy.

Fri, 20 Nov 2009 09:15:00 -0500

Is Ron Paul Right About The Fed?

Rep. Ron Paul, the Texas Republican and lifelong critic of the Federal Reserve, scored a big win on Capitol Hill by getting a House panel to pass a bill requiring new reviews of the Fed's interest-rate decisions.

Fri, 20 Nov 2009 08:01:00 -0500

Price Fight: Coke Isn't It At Costco

If you're a member of Costco, the nation's largest wholesale club, you may be surprised to learn that Coca-Cola's products are no longer on the shelves. The two companies are locked in a rare public dispute over the price consumers pay for beverages.

Fri, 20 Nov 2009 06:00:00 -0500

Students Protest University Of Calif. Fee Hike

Thousands of University of California students converged on the UCLA campus in Los Angeles Thursday, as regents adopted a 30 percent fee hike. It's one of the latest signs of California's continuing economic crisis. UC officials say, faced with a huge deficit of their own, they have no choice but to raise the fees. Many students say they can't afford to pay more.

Fri, 20 Nov 2009 06:00:00 -0500

Financial Crisis Is 'Green' For The Environment

New studies are projecting that carbon dioxide emissions — greenhouse gas emissions — will decrease for the year 2009. That is thanks to the global recession. But the reprieve is small and expected to be short lived.

Fri, 20 Nov 2009 06:00:00 -0500

Industry Hopes Auto Shows Rev Up Demand

The auto show season kicks off early next month in Los Angeles, and not a moment too soon. November auto sales remain weak. Analysts say the shows are critical to generating the consumer demand that companies such as General Motors need to start making money.

Fri, 20 Nov 2009 00:01:00 -0500

Black Males Hit Extra Hard By Unemployment

The country's spiraling unemployment rate continues to take a particular toll on men. The "he-cession," as it's sometimes called, has hit African-American men especially hard, increasing their unemployment rate to more than 17 percent last month.

Thu, 19 Nov 2009 17:18:00 -0500

Geithner: Use Leftover Bailout Money To Cut Deficit

Treasury Secretary Timothy Geithner said the government's $700 billion bailout program will end "as soon as we can," and that part of it will be used to lower the record deficit. He urged Congress to move quickly in overhauling the nation's financial rules, which he says is key to a healthy economy.

Thu, 19 Nov 2009 16:41:00 -0500

U of Cal. System Boosts Fees 32% To Fill Funding Shortfall

Struggling to operate the nation's largest public university system as state lawmakers have failed to meet requested funding needs, the University of California Regents approved an overall 30 percent fee increase that will be spread over the current and following academic years.

Thu, 19 Nov 2009 16:00:00 -0500

On Capitol Hill, Geithner Defends Policies

Treasury Secretary Timothy Geithner defended Thursday the administration's handling of the financial crisis, as he again urged Congress to pass a regulatory overhaul that has been months in the making. Geithner faced tough questioning on the bailout of insurance giant AIG and Wall Street bonuses. Republican Congressman Kevin Brady even demanded Geithner's resignation.

Thu, 19 Nov 2009 12:00:00 -0500

Historic Gay Newspaper Folds

The Washington Blade — widely regarded as the newspaper of record by members of the gay community — surprised readers when it abruptly folded its operation Monday. For 40 years, the paper covered the highs, lows and tragedies of gay life. But while blogger Zack Rosen says the Blade's demise is unfortunate, he says it's not the end of the world. Rosen is a former writer for the newspaper and now runs the Web site TheNewGay.net.

Thu, 19 Nov 2009 11:08:00 -0500

Mortgage Defaults Hitting Record Highs

Nearly 10 percent of all home loans outstanding in the third quarter of 2009 were at least one payment past due, the Mortgage Bankers Association says. That figure does not include loans that are in the process of foreclosure.

Thu, 19 Nov 2009 10:15:00 -0500

Economic Indicators Signal Slow Growth Ahead

A forecast of economic activity for the next six months edged up less than expected in October, signaling slow growth next year. The Conference Board says its index of leading economic indicators rose 0.3 percent last month. Economists had expected a larger increase.

United Way 211

United Way's 211/First Call For Help is a free and confidential information service ready to direct you to the health and human services you need in Cuyahoga, Geauga and Medina Counties.

Just dial 2-1-1. Professional staff are available to help you 24 hours a day, every day.

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Save the Dream

The American dream of home ownership is disappearing during these times of crisis. In Ohio, rising unemployment, loss of business, and a bleak economic outlook also threaten that dream.

Help is available. Save the Dream provides information and highlights programs that Ohioians can use to help save the dream of owning a home.

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Upcoming Events

CSU Land Bank Forum

A public forum on the new Cuyahoga County land bank will take place Thursday, November 19 from 8:30 am until Noon at Cleveland State’s University’s Levin College of Urban Affairs. The session is free. Call 216-523-7330 to register.

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Funding

Funding for the coverage of economy and jobs topics comes from The Cleveland Foundation; The George Gund Foundation; and The Nord Family Foundation.