Posts Tagged Economy

Report: Film production generated 15,900 jobs

SANTA FE, N.M. (AP) — New Mexico has created one job for every $8,519 spent on tax incentives to attract film and television productions during the past five years, according to a state-commissioned study released Tuesday.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , ,

Contrarian’s case: Why US could dip into recession

In this July 9, 2014 photo, economist David Levy poses for picture in his office in Mt. Kisco, N.Y. Levy, who oversees the Levy Forecast, a newsletter analyzing the economy that his family started in 1949, says the United States is likely to fall into a recession next year triggered by downturns in other countries, the first time in modern history. (AP Photo/Seth Wenig)

NEW YORK (AP) — Just as the U.S. economy is strengthening, other countries are threatening to drag it down.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , ,

Detroit retirees back pension cuts by a landslide

In a Thursday, July 3, 2014 file photo, Detroit retirees Mike Shane, left, and William Davis protest near the federal courthouse in Detroit. Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday, a crucial step to emerging from the largest municipal insolvency in U.S. history. The city disclosed results from two months of balloting, which ended July 11. Judge Steven Rhodes still must hold a trial in August to determine if Detroit's overall bankruptcy plan is fair and feasible to all creditors, from Wall Street to Main Street, but support from retirees is vital. (AP Photo/Paul Sancya, File)

DETROIT (AP) — Companies that insure Detroit bonds and stand to lose millions repeated a pledge Tuesday to aggressively challenge the city’s bankruptcy plan, a day after retirees endorsed pension cuts and qualified for a bailout led by the state.

Read the rest of this entry »

Tags: , , , , , , , , , , , , ,

Report: Film production generated 15,900 jobs

SANTA FE, N.M. (AP) — One job was created in New Mexico for every $8,519 spent on tax incentives to attract film and television productions over nearly five years, according to a state-commissioned study released Tuesday.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , ,

US stock futures slip to start the week

This July 15, 2013 file photo shows a sign for Wall Street outside the New York Stock Exchange, in New York. World stock markets remained on the back foot Monday, July 21, 2014, as tensions grew between Russia and the West over the downing of an airliner in eastern Ukraine. (AP Photo/Mark Lennihan, File)

NEW YORK (AP) — The stock market drifted lower to start the week as more companies lined up to post their quarterly earnings. Mounting tensions between Russia and the West over the downed plane in Ukraine also occupied investors’ attention.

Read the rest of this entry »

Tags: , , , , , , , , ,