Business News

Keeping It Local: The Chocolate Shoppe

Updated: 03/27/2015 - When you walk through the door of the Chocolate Shoppe, you instantly know you've entered a place where life is a little sweeter.
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Nevada Casino Regulators Scold Caesars For Bankruptcy

Posted: 03/26/2015 - Nevada gambling regulators are calling the bankruptcy of Caesars Entertainment Corp.'s debt-heavy subsidiary an embarrassment and lamenting the company's inability to pay 63 former executives some $33 million in promised pension payments.

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Economic News

  • Japan Industrial Output Falls
    Japanese industrial production contracted for the first time in three months in February, the latest data indicating continued sluggishness in Japan’s economy.
  • Tax Proposals Would Move U.S. Closer to Global Norm
    The Outlook: U.S. lawmakers on both sides of the aisle increasingly are finding appeal in an ambitious concept for overhauling the income-tax system: a tax based on consumption, a tool long used around the world.
  • Fed's Yellen Pitches Cautious Tack on Rate Increases
    Federal Reserve Chairwoman Janet Yellen laid out a case for a “gradualist approach” to interest-rate increases in the years ahead, spelling out in greater detail than she has before the risks of moving too aggressively to tighten U.S. credit.
  • Economic Growth, Corporate Profits Slowed as 2014 Ended
    The U.S. economy slowed in the final months of 2014 and corporate profits fell, putting the growth trajectory on a lower path ahead of an apparent slowdown early this year.
  • March Consumer-Sentiment Index Slips
    U.S. consumer optimism slipped in March as a slight bump in gasoline prices and bad weather weighed on lower-income households.
  • White House Stays Course on Homeownership Push
    Officials at the White House and U.S. Department of Housing and Urban Development are close to tapping Edward Golding, a senior adviser at HUD, to lead the Federal Housing Administration.
  • India's Jaitley Asks for Patience
    Indian Finance Minister Arun Jaitley has a simple message for critics pushing for deeper change in the economic policies of the world’s largest democracy: It’s coming, be patient.
  • U.S. Jobless Claims Fall
    The number of Americans seeking first-time unemployment benefits fell last week, the latest sign of an improving labor market.
  • Dynamic Scoring: A Potential Super Model
    Capital Account: Chief economics commentator Greg Ip says estimating the costs of policy using dynamic scoring shouldn’t be feared if the estimates and assumptions are transparent and rigorous.
  • Durable-Goods Orders Fall, Raising Worries Over GDP Growth
    Businesses cut orders on big-ticket items and continued to postpone investment last month, further evidence of the economy slowing sharply at the start of the year.

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