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Economy

Incentives aim to stimulate housing market

Columbia's housing market, while still suffering, could perk up with federal and seller-offered incentives aimed at homebuyers.

Missouri continues up unemployment ladder

The unemployment rate in Missouri increased to 8.3 percent February, the highest in the state since 1986.

New regulations make disposal difficult for cattle ranchers

Aimed at preventing mad cow disease, FDA rules make disposing of dead livestock more costly.

Last P-I printed; Seattle becomes a journalism lab

The Seattle Post-Intellgencer printed its final edition Tuesday. A skeleton staff will remain in the newsroom to work on its digital edition.

MU officials plan budget in uncertain economic climate

Even though the budget for MU might shrink in the next few years, the university is still planning for a steady increase in students.

AIG planning to pay out millions in bonuses

Insurance firm's chief cites "grave concerns" about retaining talented employees as a reason to keep corporate bonuses.

Congress sends $410B spending bill to Obama

On Tuesday, the Senate approved a $410 billion check for the government for 2009. Loaded with pet projects, Democrats see it as a victory over the Bush administration's policies while Republicans rank it spending-wise next to Obama's stimulus bill and 2010 budget plan.

Kansas City Star expects to lay off 150 employees

The cuts represent about 15 percent of The Star's work force and wages will be reduced for all workers.

Circuit City powers down after 60 years

Circuit City quits after 60 years of business. The company sold its $1.7 billion worth of inventory sooner than it thought it would after multiple going-out-of-business sales. Circuit City still owes nearly $625 million to creditors.

Columbia School Board to discuss budget cut details

The proposed reductions, totaling $4.4 million, will go before the board Monday. A board member says 71 positions would be eliminated, but most through attrition, not cutting jobs of current employees.

Columbia's churches give financial advice

These are bad times for the economy, so Columbians are turning to churches to get help managing their money.

Nation's new jobless claims decrease more than expected

Experts had projected a smaller drop of about 20,000 jobless claims from Feb. 14 to Feb. 21. Instead, 639,000 requests were filed for unemployment benefits for the week ending Feb. 21, down 31,000 from Feb. 14. However, Missouri had the nation's third highest increase in jobless claims for the week.

States budget deficits could continue past the recession

The stimulus package will help balance budgets in the short term but won't quickly solve unemployment, low consumer spending and the housing crisis.

Rally not enough to spur health care expansion

Gov. Nixon's plan to build on the state's health care program was rejected Wednesday by the House Budget Committee. A crowd had gathered outside the Capitol to support the health care expansion, and lawmakers debated whether the state has enough money for the project.

Historic warehouse sees new life

The Berry Building and the land it sits on are on the National Register of Historic Places. Last month, renovations began to transform the dilpidated building, which will contain a gym, 12 apartments and 10,000 square feet of street-level retail space.

Economy 101: Practical solutions

The Missourian begins a series of videos with experts who give practical advice on tackling today's troubling economy.

Upbeat Obama says U.S. will revive past 'reckoning'

President Barack Obama's first address to a joint session of Congress on Tuesday night included words of hope regarding issues such as education, the war budget, the economic crisis and other key national problems.

Text of President Barack Obama's speech

This is his address to the joint session of Congress as released from the press secretary of the White House.

Fact-checking President Barack Obama's speech

A closer look at some of the statements President Barack Obama made Tuesday night in his address to Congress.

Some colleges offering degrees in 3 years

The idea has never caught on in the U.S., but some colleges are taking it up as a way to help students cut costs.

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