Tag: economy
New England's economy more linked with Europe than most of the U.S.
As Europe's economy veers further into trouble, one U.S. region in particular is at greater risk of seeing the European crisis impede its own economic fortunes. Europe and New England are closely tied together, and that's hurting New England's effort at its own economic recovery....
U.S. economy shows mixed signs -- adds 163,00 jobs, but unemployment rate rises
It was a mixed bag Friday morning when the latest labor report was released. Jobs were up, but so was unemployment. And both Republicans and Democrats were moving to capitalize politically on the mixed message. One bright point, though, was that manufacturing jobs are growing faster than at any point in almost 30 years....
European Central Bank officials express support for euro; decline to back words with action
The European economy continues to struggle, but European bankers say they're as confident as ever in the euro's stability. But with Germany watching on, they decline to take any action....
Italy turns to shoe company billionaire to pay for Colosseum rennovations
Italy's historic Colosseum has been showing its age in recent years. There are cracks in the walls and pieces have even been falling off. But, with Italy's budget in a crunch, the government had to turn to private funds, from Tod's owner Diego Della Valle, to fix it up....
Economist says the American retirement system has failed
America is heading into a retirement crisis, an economist says. Most retirees haven't saved enough money to retire and Teresa Ghilarducci blames America's entire system for retiring....
Honduras looks to Hong Kong as a model for economic revitalization
Honduras' political leaders are hoping to jumpstart the country's flagging economy by separating one of the country's cities. A new law would allow the government to designate a city as a "charter city" subject to different laws and regulations and perhaps under some foreign supervision....
Proposed tax hikes in France strike a nerve with top earners
French President Francois Hollande has called for a 75 percent income tax on top earners in France to help lower the country's deficit. The hope is to stave off contagion from other faltering euro zone countries, but the proposal has received harsh criticism from France's business class....
Spain could receive next bailout as its financial woes worsen
As the European Union struggles to contain the euro crisis, Spain is quickly approaching an economic collapse. The country is among those in line to receive a Greece-style bailout, though experts say its time for one may come sooner than once expected....
State law, bad decisions caused Pennsylvania cities' problems, expert says
Several cities and towns in Pennsylvania are experiencing serious financial distress. Stateline.org writer Stephen Fehr says much of these cities' trouble can be tracked back to government action....
Egypt's President Morsi invites public petitions for government help
While Egypt's government is locked in a power struggle, the people just want government to work for them. New President Mohammed Morsi has invited them to bring their concerns to the government -- and they have....
JOIN PRI COMMUNITIES:
