Budget cuts threaten US recovery and job growth
Washington reports show state and local cuts deeper than expected end 2010 GDP growth. Governors push austerity to close deficits cutting education health care and social programs. Wisconsin fights for collective bargaining while federal pinch accelerates layoffs and reduced subsidies across Florida New York and Colorado.
MENTIONED IN THIS ARTICLE
Washington
U.S
Florida
New York State
Joel Naroff
Naroff Economic Advisors
Brookings Institution
Andrew Cuomo
New York
Jerry Brown
California
Wisconsin
Scott Walker
Congress
Colorado
Google tweaks search to curb low quality sites
Google updates its ranking formulas to devalue low quality content and favor original, valuable information. The shift could hit content farms like eHow, while regulators close a small Illinois bank, lifting 2010 U S bank failures to 23 for the year amid a weak economy and rising loan losses.
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Google
Demand
eHow.com
Illinois
U.S
Markets Close Mixed With Dow Slip Ahead of Weekend
Friday trading shows the Dow at 12 130 45 down 61 95 points while the Nasdaq sits at 4315 2 781 05 and the S&P 500 at 1378 1 319 88 Oil gains 60 cents to 97 88 a barrel Corn rises 25 5 cents to 7 22 Soybeans 4575 cents to 13 75 and Wheat 26 cents to 8 88 per bushel 30 Year Treasury yields slip to 4.52 percent as investors weigh demand and inflation signals across major benchmarks.
MENTIONED IN THIS ARTICLE
Dow Industrials
S&p
Treasury
Chicago
Kansas City
New York
Safer-Products.gov aims to collect safety complaints nationwide
A federal database launching March 11 will let the public post injury reports on products from cribs to toasters. Critics fear bogus reports may inflate data and lawmakers debate funding, while CPSC officials defend safeguards letting manufacturers rebut and correct information before publication.
MENTIONED IN THIS ARTICLE
Washington
Nikki Johns
Johns
Liam
Citrus Heights
Calif
Safer- Products.gov
Consumer Product Safety Commission
Congress
Mike Pompeo
R-Kan
House
Senate
Commission
CPSC
Bob Adler
Adler
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