Tuesday, November 17, 2009
WASHINGTON - Federal Reserve Chairman Ben Bernanke on Monday said the central bank will monitor the sliding U.S. dollar but pledged anew to keep interest rates at record lows to nurture the economic recovery.
In remarks to the Economic Club of New York, Bernanke engaged in a delicate dance. He tried to bolster confidence in the dollar without taking any real action.
Tuesday, November 17, 2009
Frank floats loan plan for jobless homeowners
FALL RIVER (AP) - Rep. Barney Frank is floating a proposal to use the interest the government collects from the TARP bailout to give loans to unemployed homeowners struggling to pay the mortage.
Wednesday, November 11, 2009
BOSTON - Massachusetts is moving incrementally toward expanded gambling.
The House approved a bill Tuesday extending simulcasting at the state's two dog racing tracks until July 31. It had been slated to end Dec. 31. The measure was sent to the Senate.
Wednesday, November 11, 2009
BOSTON - The worst of the recession may be over, but a new economic forecast points to a "slow and weak recovery" in the New England states, with job losses likely to continue until the fourth quarter of 2010.
Saturday, November 7, 2009
WASHINGTON (AP) - The unemployment rate has hit double digits for the first time since 1983 - and is likely to go higher.
Wednesday, October 28, 2009
BOSTON (AP) - Gov. Deval Patrick on Tuesday convened an economic summit aimed at helping Massachusetts accelerate out of the recession by getting government and business leaders to work together.
Wednesday, October 28, 2009
BOSTON - Massachusetts will consider a fund to provide capital to small- and medium-sized businesses, Gov. Deval Patrick announced Tuesday as he closed a one-day summit with government and business leaders.
