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Bernanke: With unemployment high, Fed can do more

September 1, 2012 • BusinessComments Off

Federal Reserve Chairman Ben Bernanke walks outside of the Jackson Hole Economic Symposium, Friday, Aug. 31, 2012, at Grand Teton National Park near Jackson Hole, Wyo. Bernanke made clear Friday that the Federal Reserve will do more to boost the economy because of high U.S. unemployment and an economic recovery that remains “far from...

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Shell can start drill prep in Alaska's Chukchi Sea

August 31, 2012 • BusinessComments Off

Shell Alaska Vice President Pete Slaiby speaks at a news conference on Thursday, Aug. 30, 2012, in Anchorage, Alaska. U.S. Interior Secretary Ken Salazar on Thursday said Royal Dutch Shell PLC can begin preparation work at exploratory drilling sites in the...

Drought-weary farmers await Isaac's remnants

August 31, 2012 • BusinessComments Off

Storm clouds leading remnants of Hurricane Isaac gather in the skies over a grain elevator in England, Ark., Thursday, Aug. 30, 2012. With the storms approaching many farm states, some farmers wonder whether too much relief is on the horizon. (AP Photo/Danny...

Fort Collins Coloradoan ,Fort Collins ,Colorado

August 31, 2012 • BusinessComments Off

Greg Kus, a delivery person for New Belgium Brewery, removes 12-packs from a palette as he delivers beer to Wilbur’s Beverage in Fort Collins, Colo. on July 7, 2012. The maker of Fat Tire beer says it’s using a reserve water supply because the...

US unemployment applications flat at 374,000

August 31, 2012 • BusinessComments Off

In this Tuesday, Aug. 21, 2012, photo, job seekers wait in line at a construction job fair in New York. The number of Americans seeking unemployment benefits was unchanged last week at a seasonally adjusted 374,000, suggesting slow improvement in the job...

Amazon Kindle Fire sold out as new model expected

August 31, 2012 • BusinessComments Off

FILE- This Wednesday, Sept. 28, 2011 file photo shows the Kindle Fire at a news conference in New York. Amazon.com Inc. quenched the Kindle Fire on Thursday, Aug. 30, 2012, saying its first tablet computer is now sold out. The Internet retailer has a major...

Retailers report best sales growth since March

August 31, 2012 • BusinessComments Off

In this Wednesday, Aug. 22, 2012, photo, shoppers at a Target store in Chicago check the receipts of their purchases. Americans kept spending in August despite their escalating fears about the slow economic recovery and surging gas prices. A range of...

The market's August lull nears an end; stocks fall

August 31, 2012 • BusinessComments Off

FILE-In this Wednesday, Aug. 8, 2012, file photo, Knight Capital specialist David Pologruto, right, works on the floor of the New York Stock Exchange. Slightly better economic growth and stronger housing sales nudged the stock market higher Wednesday, Aug....

Isaac brings higher gas prices, south and north

August 30, 2012 • BusinessComments Off

A man fills his gas tank at a gas station Wednesday, Aug. 29, 2012, in Lyndhurst, Ohio. Drivers are facing the biggest one-day jump in gasoline prices in 18 months as Hurricane Isaac swamps the nation’s oil and gas hub along the Gulf Coast. Some states in...

Stocks edge up after US growth revised higher

August 30, 2012 • BusinessComments Off

FILE- In this May 17, 2012 file photo specialist Stephen D’Agostino works at his post on the floor of the New York Stock Exchange. Mixed economic data kept the stock market hovering near break-even Tuesday Aug. 28, 2012. (AP Photo/Richard Drew, File)...