Economy

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Investors shook off their worries about Greece on Monday and got back to their routine of little-by-little gains.

Modified: 02/13/12 05:07:06 PM
Link
Go to The N&O's stocks center

Raleigh investment firm Triangle Capital reported today that it netted $77 million from its latest secondary offering.

Modified: 02/13/12 12:17:24 PM

Money Matters:  Q: I am 62, and my job is ending in March. With savings and a small pension, I could afford to wait until I am 66 to collect Social Security.

Modified: 02/10/12 06:51:54 PM

Chinese PC maker Lenovo continued to defy a sluggish market in its fiscal third quarter, posting a 44 percent gain in sales and a 54 percent jump in profits that blew past analysts' expectations.

Modified: 02/10/12 10:03:10 AM

As the nation climbs out of the recession, young adults appear to be having the toughest time of any age group gaining a foothold in the recovering economy.

Modified: 02/09/12 10:10:27 PM

The stock market finally got a deal in Greece, but it didn't produce much of a rally.

Modified: 02/09/12 09:30:11 PM

The number of people seeking unemployment aid neared a four-year low last week, a positive sign that strong hiring could continue in the coming months.

Modified: 02/09/12 09:38:36 AM

The $2.7 billion debt that North Carolina has incurred to pay unemployment benefits in the wake of the recession has led the N.C. Chamber of Commerce to commission a comprehensive study of the state's unemployment system.

Modified: 02/09/12 06:44:19 AM

Squeezed by a tight job market, young Americans are especially struggling. They have suffered bigger income losses than other age groups and are less likely to be employed than at any time since World War II.

Modified: 02/09/12 07:40:20 AM
Link
http://pewsocialtrends.org/

Stocks staged an afternoon-long rally and closed higher Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt.

Modified: 02/08/12 08:15:12 PM

President Barack Obama proposed tax increases on wealthy individuals and some corporations Monday, setting the stage for an ideological battle that won't be resolved until after the November election - if then.

Modified: 02/13/12 04:37:39 PM
Link
www.treasury.gov

Craig Guerdat used to be a technical writer but hasn't been able to land a full-time job in his field for two and a half years. He suspects one reason he's been passed over again and again is that employers don't want to hire someone who doesn't have a job.

Modified: 02/11/12 07:45:30 PM

North Carolina has logged no net job growth in the last 12 years, having fewer jobs at the end of 2011 than it did in December 1999, according to a report released Friday by the Chapel Hill research firm South by North Strategies.

Modified: 02/10/12 08:16:52 PM

Stocks had their worst day of the year Friday after Greece hit a roadblock on its way to a critical bailout.

Modified: 02/10/12 07:14:29 PM
gallery
Riots in Greece | 02.10.12

The Obama administration clearly won't take no for an answer when it comes to recruiting state Banking Commissioner Joseph Smith Jr. to tackle the mortgage mess that has been hampering the nation's economic recovery.

Modified: 02/09/12 11:15:13 PM

Although North Carolina and the Triangle have not been among the housing markets decimated by price declines and foreclosures, tens of thousands of homeowners across the state may be eligible for money from the settlement announced Thursday.

Modified: 02/10/12 05:17:26 AM

North Carolina will receive $338 million in the settlement, more than half of which will go toward principal reduction or other help for struggling homeowners.

Modified: 02/09/12 11:22:44 AM

U.S. stock futures are falling after Greek leaders failed to accept the entire batch of new austerity measures demanded by creditors, leaving its bailout in limbo.

Modified: 02/09/12 09:36:29 AM
Link
Go to The N&O's stocks center

After months of painstaking talks, the nation's biggest banks have agreed to a $26 billion settlement that could provide relief to more than two million current and former American homeowners harmed by the bursting of the housing bubble, state and federal officials said.

Modified: 02/09/12 06:20:58 AM

Contact N&O business staff

Mary Cornatzer, business/Capitol editor
(919) 829-4755

David Bracken, assistant business/Capitol editor
(919) 829-4572

Newsroom main number: (919) 829-4520

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