Daily Hampshire Gazette - Established 1786
Cloudy
53°
Cloudy
Hi 54° | Lo 48°

Business & Money

In this Oct. 8, 2014 photo, a man walks to work on Wall Street, near the New York Stock Exchange, in New York. Stocks are opening higher Tuesday, Oct. 21, 2014 after several big companies reported results that pleased investors. (AP Photo/Mark Lennihan)

Stocks rally; S&P 500 has its best day of 2014

Tuesday, October 21, 2014

NEW YORK — The U.S. stock market marched higher Tuesday, giving the Standard & Poor’s 500 index its best day of the year. Investors rallied behind an encouraging report on the Chinese economy as well as strong quarterly results from Apple and other big companies. The market continues on its recovery from last week’s swoon and has now erased much …

Mortgage firm accused of abuses

Tuesday, October 21, 2014

One of the nation’s largest servicers of home loans may have denied struggling borrowers the chance to fix loan problems and avoid foreclosures, New York’s financial regulator has alleged. An investigation by the state’s Department of Financial Services found that Ocwen Financial Corp. inappropriately backdated foreclosure warnings and letters that rejected mortgage loan …

Feds hope new rules spur home borrowing

Tuesday, October 21, 2014

WASHINGTON — Buying a home may have gotten a little easier this week. With the financial crisis and subprime mortgage bust receding further into history, the government is loosening some financial rules, hoping to inject more life into the country’s still-recovering housing market. Both banks and borrowers stand to benefit from the new rules unveiled Tuesday by six federal agencies. While banks will …

I don't know anything about Scheinman, but Suher appears to care about nothing but his bottom line. Not much of a rallying...(full comment)

Civil lawsuit opens with testimony by opponents of Northampton Business Improvement District

Thanks Marleyman, I will be starting up my own web page soon which will have my own brand of oak chips from...(full comment)

A new Hampshire Life feature: Barhopping: A proper cocktail

Great invitation to community members. I now live in Florida and, so, cannot attend the games of my granchildren anymore. You made...(full comment)

Elizabeth Rockett Volkmann: Let yourself get bitten by the Northampton High soccer bug
  • YOSHITAKA HAMADA
New Goodwin Memorial Library Director Patrick Borezo scans books at the Goodwin Memorial Library in Hadley Tuesday.  Borezo, of Orange, has worked at the library for five years before being tapped as the library's  director.

    YOSHITAKA HAMADA New Goodwin Memorial Library Director Patrick Borezo scans books at the Goodwin Memorial Library in Hadley Tuesday. Borezo, of Orange, has worked at the library for five years before being tapped as the library's director. Purchase photo reprints »

  • YOSHITAKA HAMADA
Governor Deval Patrick, left, takes a tour of a construction site near the Kendrick Park as developers Dave Williams, center, and Kyle Wilson, right, explains the development in Amherst Tuesday, Oct. 21, 2014.

    YOSHITAKA HAMADA Governor Deval Patrick, left, takes a tour of a construction site near the Kendrick Park as developers Dave Williams, center, and Kyle Wilson, right, explains the development in Amherst Tuesday, Oct. 21, 2014. Purchase photo reprints »

  • JERREY ROBERTS
Michael Mauri, a licensed forester hired by the city of Northampton, talks about harvesting dead and dying red pine trees Monday on city water supply property near the corner of Chesterfield and Kennedy Roads.

    JERREY ROBERTS Michael Mauri, a licensed forester hired by the city of Northampton, talks about harvesting dead and dying red pine trees Monday on city water supply property near the corner of Chesterfield and Kennedy Roads. Purchase photo reprints »

  • ERIC GOLDSCHEIDER
Barbara Love speaks about racism Monday at the Unitarian Society of Amherst.

    ERIC GOLDSCHEIDER Barbara Love speaks about racism Monday at the Unitarian Society of Amherst. Purchase photo reprints »

  • CAROL LOLLIS
Jonathan Roberge,17 of Haydenville,  a culinary arts student at Smith Vocational, makes pancakes for a breakfast where legislators will talk about Smith Vocational and it needs in the future.

    CAROL LOLLIS Jonathan Roberge,17 of Haydenville, a culinary arts student at Smith Vocational, makes pancakes for a breakfast where legislators will talk about Smith Vocational and it needs in the future. Purchase photo reprints »

  • YOSHITAKA HAMADA
Joanne Levin, M.D., left, and Linda Riley, R.N., right, speak to the Gazette's reporter about the Cooley Dickinson Hospital's plan on possible Ebola patient at the hospital Friday afternoon, Oct. 17, 2014.  Levin is the medical director of infection prevention program at the hospital.

    YOSHITAKA HAMADA Joanne Levin, M.D., left, and Linda Riley, R.N., right, speak to the Gazette's reporter about the Cooley Dickinson Hospital's plan on possible Ebola patient at the hospital Friday afternoon, Oct. 17, 2014. Levin is the medical director of infection prevention program at the hospital. Purchase photo reprints »

Advocates push to ban child labor on tobacco farms

Tuesday, October 21, 2014

WASHINGTON — Two years after the Obama administration backed off a rule that would have banned children from dangerous agriculture jobs, public health advocates and lawmakers are trying anew to get kids off tobacco farms. The new efforts …

Stocks move up mostly, but IBM holds Dow back

Monday, October 20, 2014

NEW YORK — The U.S. stock market moved quietly higher Monday as investors decided to step back into a market that was rattled by white-knuckle turbulence last week. It was a rare move upward for a market that, …

GM ignition compensation approved for 29 deaths

Monday, October 20, 2014

The leader of the GM Ignition Compensation Fund has approved settlements for surviving families in 29 fatal accidents involving defective ignition switches. As of Friday, Kenneth Feinberg, who is directing the assessment of all claims, had received 184 death claims. Another 27 people have received compensation payments for …

US urges car owners to get air bags fixed

Monday, October 20, 2014

DETROIT — A potential safety crisis over defective air bags widened Monday as the U.S. government issued an urgent plea to more than 4.7 million people to get their cars fixed. The inflator mechanisms in the air bags …

N.E. raking in millions from the leaf peepers

Sunday, October 19, 2014

JAFFREY, N.H. — On Mount Monadnock, hikers file up the 3,165-foot peak in lockstep, protected from drizzling rain by a luminous golden canopy of leaves. They’re not just gazing at foliage — they’re looking at cold, hard cash. …

Stocks rise sharply, ending dramatic week

Friday, October 17, 2014

NEW YORK — The stock market had another turbulent session Friday, capping off one of the more eventful weeks on Wall Street in years. The Dow Jones industrial average soared more than 250 points following strong earnings from …

After early slide, stocks finish mostly higher

Thursday, October 16, 2014

After several days surfing Wall Street’s gut-wrenching swells and troughs, investors got a smoother ride on Thursday. Well, mostly. The stock market took an early plunge but recovered nearly all of the ground it lost as the day …

Federal Reserve chairwoman tours Boston-area job center

Thursday, October 16, 2014

CHELSEA — Federal Reserve Chair Janet Yellen, who has been using her first year in the role to draw attention to employment issues, visited a local career center on Thursday to hear from residents about the challenges of …

Falling oil prices cause global economic shock

Thursday, October 16, 2014

NEW YORK — A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil exporting countries are bracing for potentially crippling budget shortfalls and importing nations are benefiting from the lowest …

Revere, Suffolk Downs workers sue over casino

Thursday, October 16, 2014

BOSTON (AP) — The city of Revere and a union representing Suffolk Downs workers have sued the Massachusetts Gaming Commission, which awarded a coveted Boston-area casino license to rival Wynn Resorts in nearby Everett. The lawsuit Thursday says the commission gave Wynn an unfair advantage in its decision …