Mary Tomkins is a freelance writer located in Spartanburg, SC, with emphasis on economic news and research on the financial industry.
Initial claims for unemployment benefits rose by 1,000 to 434,000 for the week ending January 2, the Labor Department reported on Thursday. The four-week moving average, which smooths out weekly volatility, was 450,250, a decrease…
Saving a buck or two here and there can add up to a significant savings over time. And for food and beverages, certain habits can drastically reduce your expenses over the long term. Here’s a…
President Obama announced on Friday awards of $2.3 billion in Recovery Act funds to go towards new clean energy manufacturing across the U.S. “Building a robust clean energy sector is how we will create the…
Consumer delinquencies in nearly all loan categories declined in the third quarter of 2009, according to a report released today by the American Bankers Association (ABA). This is the first time since 2007 that so…
Pending home sales fell sharply in November but remained “comfortably” above the level of activity from a year ago, the National Association of Realtors reported today. The index used to measure contracts signed in November…
If you’re a small business owner and are having a tough time meeting business expenses during this difficult economy, you may consider looking into a Small Business Administration (SBA) loan program designed just for you.…
The Federal Trade Commission (FTC) announced today that they are suing the world’s leading computer chip maker Intel Corporation, saying that the company “has illegally used its dominant market position for a decade to stifle…
Writing a business plan is a crucial step to your business’ development. A well thought-out business plan defines your business, outlines your strategy for the growth of your business, expenses and income expectations, marketing strategies.…
The Federal Trade Commission has issued a warning to consumers to be skeptical of anyone trying to sell test kits, inspections, or quick fixes for problems caused by imported drywall that has turned out to…
New claims for jobless benefits rose by 17,000 to a seasonally-adjusted 474,000 for the week ending December 5, the Department of Labor reported today. The unexpected rise in initial jobless claims comes after five straight…