Economy

Countries across the world are reacting differently to the economic slowdown that has the US reeling.

Since the country’s financial troubles have deepened, polls that once gave John McCain, the Republican presidential nominee, an early advantage in Missouri now show him even with Barack Obama.  Plant closings and high gas prices have taken a toll on residents rural Missouri.

Joseph Camille, who has worked in student financial aid for more than 30 years, points out that the economy won’t have an immediate impact on student loan interest rates. What he has seen this year, however, is more students changing their FAFSA forms to reflect changes in income. 

Karen A. Schnatterly, Ph.D.,  assistant professor of management at MU's College of Business, explains how the financial meltdown affects the average American, Washington's bailout plan and the causes behind the current economic crisis.

Rob Weagley, who chairs MU's Personal Financial Planning department, offers some simple advice for weathering the recent tumult on Wall Street: Ride it out.

The Missouri governor said the president's plan is not the right option for reforming the country's economy.

Years of deregulation of corporations and borrowing from other countries has set the U.S. on a dangerous trajectory. Meanwhile, many Americans are focused on putting food on the table and keeping a roof over their families' heads and remain unaffected by Wall Street's fluctuations.

The state portfolio is not at risk because it does not deal with Lehman Brothers, Merrill Lynch or AIG, says Mark Mathers, director of investments in the state treasurer's office.

Local stockbrokers advise consumers and investors to think carefully about their options amid stock market changes.

Two Columbia men pursue degrees in nursing at Columbia College after losing their jobs at 3M.

Around 20,000 invitations were mailed out to J-School alumni for the centennial celebration; 1,900 tickets to the party have been sold. When we asked alumni why they weren't coming, many blamed the economy and the time of the celebration.

A survey by an economic forecasting group shows that economic activity is still weak in the Midwest.

 The latest figures from the Missouri Gaming Commission show that overall casino gambling revenue rose 7 percent in July to $146.9 million, up from $136.9 million in July 2007.

The project was authorized by lawmakers a year ago and has yet to begin because of a tight credit market and delays in negotiating a contract.

In front of a roaring, standing-room-only crowd at the Missouri University of Science and Technology on Wednesday, Sen. Barack Obama, D—Ill., detailed his economic plan for the nation if he is elected president. The senator stopped in Springfield, Rolla and Union on Wednesday as part of his economic tour through rural Missouri.

Rumors of recession have been swirling through the country for months, and whether they’re true or not, the economy is on voters’ minds. Candidates for the Ninth District seat in the House of Representatives shared their views.

Rising prices for gasoline and endless lists of projects have turned the idea of home ownership into a nightmare. In a sound economy, the dissatisfaction would probably never have arisen. On a bright summer day in any other year I would have been horrified if anybody had suggested apartment living to me.

Economic forecasters say the worst of the painful housing slump and the credit crunch might come to an end this year, but they expect the economy will weaken further and unemployment will rise.

That’s the latest outlook from forecasters in a survey to be released Monday by the National Association for Business Economics.

The Democratic presidential hopeful will meet with workers at a clothing manufacturer. The stop is part of a tour of mostly swing states.