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Economy

Black Friday shoppers cold but satisfied

Temperatures hovered right around freezing for shoppers who stayed up all night to be first in line for discounts.

Couple begins business to help seniors downsize, relocate

Mickey and Ralph Havener had plenty of experience helping seniors make the transition to smaller living spaces when they decided to open their business.

Bankruptcy filings up by 23 percent in Missouri

The increase in filings means the state ranks 14th in the nation for the number of filings per capita.

President to plead U.S. case at global warming summit

Obama is expected to pledge a 17 percent cut in the nation's emissions. The Congressional Budget Office estimates a $173-per-year cost increase for a family of four.

Unemployment more harmful now compared to 1982

Unemployment rates have exceeded 10 percent for the first time since the early 1980s. However, people spend more time looking for new jobs, they have more debt and they save less money than they did in the '80s.

Stocks jump after G-20 pledge to aid economies

Prices for oil and gold also rose during trading Monday, buoyed by a weakened U.S. dollar.

Columbia Farmers' Market gets some $57,000 from USDA

The grant is intended to assist in encouraging participation in the federal Food Stamp Program. Caroline Todd, the market's manager, said the money will help launch a campaign to advocate the market’s ability to accept Electronic Benefit Transfer cards, which act as debit cards for food stamp benefits.

Retail sales fall 1.5 percent as clunker cash wears off

Retail sales declined 1.5 percent in September, better than the predicted 2.1 percent decline but still worse than any drop since December. Much of the drop can be explained by a 10.4 percent plunge in auto sales once the Cash for Clunkers program ended.

ANALYSIS: Recession's end could mean beginning of states' budget woes

States may face a tougher time rebounding from this recession as employment and consumer spending are expected to grow back at a slower rate.

Survey: Economy shows recovery in Midwest, Plains

According to a survey conducted by Creighton University, the Business Conditions Index for the mid-America region increased in the past month. The survey offers some good jobs news because the employment index was in positive territory for the first time since March 2008.

Census: Recession had sweeping impact on US life

New Census data on the social impact of the recession shows a dramatic effect on the work and travel habits of Americans.

Obama: economic crisis needs time to reverse

President Barack Obama told Ohio newspapers that it could "take two decades" for the manufacturing base of the economy to recover.

Rising Katy Trail traffic boosts trailside businesses

A rebound in Katy traffic has boosted trailside businesses in St. Charles County as the bike shops, taverns and wineries that cater to the tens of thousands who cycle the Katy Trail near St. Louis report that business has been strong this year. Some point to the recession as the reason for the traffic increase, saying that more people are choosing affordable, local recreation over spendy long-distance travel.

Couple sets up ecovillage in an Ozark forest to foster sustainability

There are 47 ecovillage communities in Missouri similar to the one Elizabeth Stanfill and Tao Weilmundemo established in an Ozark forest.

Kansas City loses out on new Harley-Davidson plant

Kansas City won't get a second Harley-Davidson manufacturing plant that was expected to bring 1,300 jobs.

Falling timber industry hits backwoods US hard

According to an AP index, the recession has sent economic stress levels soaring, with the housing slump hitting the timber industry with particular force. The consequences of the downturn are clearly evident in the tiny backwoods town of Pine Hill, Ala., where 327 jobs were lost when a timber mill closed earlier this year.

Oil prices gain to above $74, optimism rises

The benchmark for crude ended the day Friday at $73.89, its highest close since October.

Stocks open higher, but consumer confidence may lag behind

Stocks are higher in early trading Monday, thanks to gains overseas and in some commodity markets such as oil.

UPDATE: U.S. Commerce chief announces electric vehicle grants

Smith Electric Vehicle's U.S. subsidiary is receiving a $10 million grant to help build its planned manufacturing plant near the Kansas City International Airport. It is part of a national effort to boost the battery and electric vehicle industry and create jobs.

U.S. Commerce chief announces electric vehicle grants

U.S. Commerce Secretary Gary Locke announced more than $15 million in federal grants for Missouri, including money for Smith Electric Vehicles U.S. Corp., the Missouri University of Science and Technology, Ford Motor Co. and Chrysler LLC.

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