Postal plants to shrink, 28,000 jobs at stake

The U.S. Postal Service announced on Thursday it’s moving forward with a $2.1 billion cost-savings plan to consolidate postal plants over the next two […]

Romney Attacks Obama for Not Cutting Debt Amassed by Bush - Bloomberg

Mitt Romney, attacking President Barack Obama for the second consecutive day for swelling federal deficits, said the president has done

Wholesale prices down

A big decline in gas and energy costs drove a measure of U.S. wholesale prices lower in April. Outside that drop, prices barely rose.
The Labor […]

Oil falls to near $96 as US crude supplies grow

Oil prices fell to near $96 a barrel Thursday in Asia after U.S. crude supplies rose to a 22-year high, suggesting demand remains weak.
Benchmark oil […]

Plosser, Bullard Oppose Further Purcahses of Mortgage Securities by Fed - Bloomberg

Two Federal Reserve officials opposed additional mortgage-bond purchases by the Fed, saying the measure isn

Gas prices are highest ever for this time of year

Gasoline prices have never been higher this time of the year.
At $3.53 a gallon, prices are already up 25 cents since Jan. 1. And experts […]

Tax tips from the Missouri Society of CPAs

The Missouri Society of CPAs (www.mocpa.org) is the largest professional association dedicated to advancing certified public accountants in Missouri. Established in 1909, the organization provides […]

U.S. goes after three ex-Credit Suisse bankers

In a case stemming from the housing meltdown that led to the financial crisis, a former executive at Credit Suisse and two associates have […]

Japan Escalates Warnings on Yen Appreciation as Sharp

Japan

Officials confirm light fuel near ship

Italian officials have confirmed the presence of light fuel in the sea around the capsized Costa Concordia that appears to have come from machinery on […]