Business

Fed: Banks eye tighter terms on credit cards

WASHINGTON - Banks expect to tighten terms on credit cards in response to a new law that aims to protect consumers from sudden rate hikes, the Federal Reserve said Monday.

Stocks jump after G-20 pledge

NEW YORK - The Dow Jones industrial average stormed to its highest level in more than a year Monday as a falling dollar boosted prices for commodities including gold and oil. Stocks also jumped as investors grew more confident that governments around the world will keep interest rates low to help the global economy.

Photo: Kids' strollers recalled

Kids' strollers recalled

WASHINGTON - About a million Maclaren strollers sold by Target and Babies "R" Us were recalled Monday, after 12 reports of children having their fingertips amputated by a hinge mechanism.

Photo: A T-shirt for the Valley to call its own

A T-shirt for the Valley to call its own

SHUTESBURY - T-shirts that trumpet hometown pride are a common sight. Queens, N.Y., natives proudly display their area code, 718, on their chests. Lovers of Ithaca, N.Y., let their feelings be known with their now famous "Ithaca is Gorgeous" tees. Even Amherst has a shirt of its own. It says: "Where only the #H' is silent."

News site trying to get radio show off the ground

The Valley Post, a local online news site, recently received a grant to help jumpstart its budding radio program. With only one show aired so far on Brattleboro Community Radio, they are still in the planning stages of launching a regular radio program to air on FM stations in the Pioneer Valley.

Photo: Slow road to permit may yet drive doc to locate in Hadley

Slow road to permit may yet drive doc to locate in Hadley

AMHERST - Four months after the Zoning Board of Appeals determined a medical practice could not relocate to the professional research park on Research Drive, Town Meeting has amended the zoning bylaws so that doctor's offices can exist in more parts of Amherst.

Jobless rate tops 10% for first time since 1983

WASHINGTON (AP) - The unemployment rate has hit double digits for the first time since 1983 - and is likely to go higher.

Syndicate content