Archive for January 2009
Recession leading to consumer price creep
The cost of living in the United States fell in December as the recession deepened, resulting in the smallest annual inflation rate in a half century.
Americans paid 0.1 percent more for goods and services …
Read MoreTickers: January 16
Broadlawns Medical Center and Iowa Health – Des Moines today announced a $2.4-million pledge from Iowa Health to assist with the Broadlawns Community Capital Campaign to be formally launched this spring. The pledge, which marks …
Read MoreSouthridge struggle is hard to watch
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Read MorePay-as-you-drive: a new model for auto insurance coverage?
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Read MoreMain Street Alliance: Small businesses support health-care reform
Small business owners in Iowa would strongly support a greater government role in developing a quality public health insurance option for employees, according to a study released this morning by the Iowa Main Street Alliance.…
Read MoreBank of America could receive more government aid
Bank of America Corp. could receive more aid from the government as it tries to absorb Merrill Lynch & Co. Inc., according to three people familiar with the deal, Bloomberg reported.
Details could be released …
Read MoreTickers: January 15
The number of Central Iowa homes sold in December dropped to 424 from 532 in December 2007, and listings also were down to 5,423 from 6,488 a year ago, according to the Des Moines Area …
Read MoreRetail sales drop for sixth straight month
Sales at U.S. retailers fell more than twice as much as forecast in December as job losses and tighter credit led Americans to cut back on everything from dining out to automobile purchases, Bloomberg reported. …
Read MoreFederal Reserve wants more help for banks
The Federal Reserve’s top two officials urged a new effort to address the toxic assets held by financial companies, warning that they threaten to prevent banks from resuming lending to households and companies, Bloomberg reported.…
Read MoreTickers: January 14
Gannett Corp. said today it will furlough all employees for one week in the first quarter as a way to avoid more layoffs, the Des Moines Register reported on its Web site. About 1,000 full- …
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