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Post cereal spinoff set for Friday

February 3, 2012

The St. Louis region is set to have its newest public company debut.
Post Holdings Inc., the branded cereal business unit of Ralcorp Holdings, will be spun off […]

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finance, mortgage - Comments closed

Markets take breather ahead of US jobs data

February 2, 2012

Markets took a breather on Thursday, following solid gains in the previous session, as investors positioned themselves for crucial U.S. jobs data that often set […]

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finance, online - Comments closed

Small business hiring slows, wages dip in January

January 30, 2012

Small business payrolls grew at a slower rate in January and wages fell, an independent survey showed on Monday, suggesting the pace of overall […]

business, term - Comments closed

Bernanke Makes Case for More Bond Buying - Bloomberg

January 26, 2012

Ben S. Bernanke laid the groundwork for a third round of large-scale asset purchases should unemployment remain higher than the Federal Reserve would like while […]

lenders, online - Comments closed

Japan announces first trade deficit since 1980

January 25, 2012

Japan marked its first trade deficit since 1980, a 2.49 trillion yen ($32 billion) shortfall for 2011 caused in part by last year’s tsunami and […]

money, mortgage - Comments closed

Business news briefs

January 20, 2012

New jobless claims drop • The number of people seeking unemployment benefits plummeted last week to 352,000, the fewest since April 2008. The decline added […]

news, online - Comments closed

Is Obama the ‘food stamp president?’

January 18, 2012

A record 44.7 million people — or 1 in 7 Americans — were on food stamps last year. But does that make Barack Obama […]

finance, mortgage - Comments closed

Osborne Sees Some Grounds for U.K. Optimism on EU Outlook - Bloomberg

January 16, 2012

U.K. Chancellor of the Exchequer George Osborne said he sees some reason for optimism in Europe, while acknowledging that 2012 is set to be a […]

economics, news - Comments closed

A-B InBev buys a Czech ‘Bud’ rival

January 13, 2012

Anheuser-Busch InBev has apparently taken another step forward in its century-long march to win full control of the brand “Budweiser.”
The world’s largest brewer has bought […]

USA, economics - Comments closed

Will Obama break even on jobs?

January 12, 2012

The job market is getting better, but it’s far from healed. Will President Obama be able to turn things around in time to save […]

USA, mortgage - Comments closed