Road work puts Halesite biz owners in jam Originally published: July 1, 2012 7:25 PM Updated: July 1, 2012 7:46 PM By MACKENZIE ISSLER firstname.lastname@example.org Robert Berry described the construction outside his Halesite business as an "absolute nightmare." Berry said construction vehicles ... 07/1/2012 - 8:25 am | View Link
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It's only Thanksgiving, but Wall Street is already looking ahead to next year. Over the last few weeks, several outlooks for 2015 have rolled in, and so far, we've gotten outlooks from 8 of the biggest stock market gurus on Wall Street. Expectations for the S&P 500 in 2015 range from just a slight advance to double-digit gains.
It's the oldest battle in politics: Whether cutting government spending helps or hurts economic growth. The Financial Times has done everyone a favour by publishing a series of charts on how US government spending contributed, or detracted from, GDP growth. And the conclusion is pretty severe: austerity subtracted about 0.76 percentage points off the real growth rate of the economy between the middle of 2010 and the middle of 2011.
Saudi Arabia is risking the economic health of weaker oil producing nations in its fight to see off the threat of the US shale boom. Oil prices have fallen by over 30% since June and appear to be continuing their decline. The collapse has taken a heavy toll on states that rely heavily on exports of the commodity to support their economies.