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‘It’s the economy, stupid’: Voters dump govs when unemployment shoots sky high

<ul><li>Feb. 1–Gov. Deval Patrick is going to have a tough time getting re-elected if past economic trends during election years are any indication. </li><li>But can Patrick buck the trend, as he gears up for re-election with t…

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets |

St. Louis Post-Dispatch, Jim Gallagher column: Now may be the time to buy a house

<ul><li>Jan. 31–If you have a good job and good credit, the next few months might be a sweet time to go house hunting. </li><li>Fence-sitters take the risk that Congress may let a rich tax credit expire, and that interest rates…

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets |
 

PPL will vary rates by days, evenings: The plan is an incentive for customers to move away from peak hours, a spokesman says.

<ul><li>Jan. 31–PPL Electric Utilities received approval on Thursday to offer an electricity plan unlike any other in the market. </li><li>Called "time of use," the plan has a higher rate during a peak usage period du…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

Weekly Market Review Feb 1st, 2010

Last week was a terrible week for riskier assets.  Fears in the market about Greece’s fiscal situation continued to reek havoc on European bonds, currencies, commodities and the equity markets.  At one point, Greek 10 year yields moved up 5…

[ More ] January 31st, 2010 | No Comments | Posted in Europe |
 

EDITORIAL: A political chill for a power company: Cold weather and hot politicians could spell trouble for Appalachian Power.

<ul><li>Jan. 31–Appalachian Power couldn’t have chosen a worse time to implement a double-digit interim rate increase. </li><li>The 12.5 percent raise comes when electric customers are confronting bills for a frigid winter snap…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

National Grid seeks new rates for power

<ul><li>Jan. 30–National Grid is seeking a new three-year rate plan from state regulators that it says would have little to no impact on the delivery costs a typical customer pays. </li><li>National Grid, which provides electri…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |
 

U.S. economy booming but Bay State’s declines

<ul><li>The national economy boomed at the end of 2009, growing at an annual rate of 5.7 percent in the fourth quarter, the fastest rate in more than six years.</li><li>But Massachusetts actually lost ground as economic activity…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

December jobs picture was grim

<ul><li>Jan. 30–The state and the North Shore saw its unemployment picture dim in December, according to numbers out this week. </li><li>Salem led the pack with a 9.5 percent jobless rate, followed by Wenham with 9 percent and …

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

When the race resumes ? Plans already approved could mean another population, commerce boom

<ul><li>Jan. 30–Unemployment hit its highest rate in 19 years. </li><li>Tourism has waned, nonprofit aid organizations struggle to meet increased demand, and residential and commercial developments have been mothballed. </li…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

UPI NewsTrack Business

<ul><li>Obama: Deficit reduction ‘critical’</li><li>WASHINGTON, Jan. 29 (UPI) — U.S. President Barack Obama Saturday said "it is critical that we rein in" budget deficits that put economic recovery at risk.</li>…

[ More ] January 30th, 2010 | No Comments | Posted in Stock Markets |