Mortgage rates reverse declines

Long-term mortgage rates rose for the first time in three weeks, with a 30-year, fixed-rate mortgage moving above 5 percent.
Freddie Mac’s weekly rate report says […]

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Kan Says Japan Government Must Ask Voters to Approve Tax Change

Japanese Finance Minister Naoto Kan indicated the government would call elections before making any major changes to the nation’s tax code, including raising the […]

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Trichet Struggles to Convince on Euro-Area Solidity

European Central Bank President Jean- Claude Trichet is struggling to convince investors that the euro region shouldn’t be punished for Greece’s budget problems.
As […]

In 9 states, about 20 percent of people can’t find jobs

WASHINGTON — President Barack Obama said in his State of the Union speech Wednesday that "1 in 10 Americans still cannot find work." But […]

Proposed bank rules slam Wall Street shares

NEW YORK–The new proposals from U.S. President Barack Obama to limit the size and trading capabilities of big banks sent shares of major financial […]

National Grid building goes platinum

National Grid's new corporate center in Waltham has received increasingly important, albeit rare, certification from the U.S. Green Building Council.
The building at Reservoir Woods received […]

Starbucks closing Seattle call center; 130 to lose jobs

Starbucks Corp. said it will close a Seattle call center later this year and move the operations to Albuquerque, N.M., affecting 130 people.
The Seattle coffee […]

Canada picks up pace in computer, tech spending

Canadian companies have been picking up their spending on computers, software and other technology, but they still lag the U.S., according to an annual study.
Businesses […]

Unemployment claims rise unexpectedly

The number of Americans filing for initial unemployment insurance rose last week, the government said Thursday. Analysts had expected a decline.
There were 480,000 initial […]

Daytona airport traffic up 12%

Passenger traffic at Daytona Beach International Airport was up 12 percent in November compared with the year-ago period.
Airport officials said the uptick reflects the first […]