When you’re giving thanks over the turkey and stuffing this week, the shaky economy probably isn’t on your grateful-for list. It has, however, pushed down the cost of that dinner by $1.93, or 4.3 percent, according to the Missouri Farm…
If you’re starting a business and have any sort of tie to St. Louis University, you may want to check out a workshop sponsored by the new Billiken Angel Network. It’s Friday, Dec. 4, at 5:30 p.m. in the university’s business-school…
Illinois is one of nine states in fiscal peril, according to a recent report by the Pew Center on the States. And an major tax increase is the only way out of that peril, says Daniel McMillen, an economist at…
We Baby Boomers have all heard this refrain, and perhaps uttered it ourselves: If the stock market doesn’t recover, I may never be able to retire.
A new National Bureau of Economic Research working paper, however, finds that fear to be…
The downtown Renaissance isn’t the only St. Louis hotel that’s struggling financially. The majority owner of the Chase Park Plaza disclosed today that the operator of that landmark hotel is $5 million behind on its rent.
The disclosure comes in a…
Retailers have been screaming for years about the high interchange fees they pay to banks for the privilege of accepting Visa and Mastercard, and they tried unsuccessfully to get a fee limit included in this year’s credit-card legislation. Now the Government…
Fidelity Investments released some reassuring statistics about 401k plans today, noting that the average account balance is $60,700, up 13 percent in the third quarter and up 28 percent from the low point in January. Part of the increase comes from…
Fitch Ratings has taken a fresh look at some bonds issued in 2006 by the Chesterfield Valley Transportation Development District, and the credit-rating agency doesn’t like what it sees. Fitch downgraded the district’s bonds five notches today, from an investment-grade…
James Bullard is worried about “medium term” inflation and agitating for a subtle change in monetary policy, he said this morning at Commerce Bank’s annual economic breakfast. But Bullard, president of the St. Louis Federal Reserve Bank, saved his strongest…
Judging from some of the news coming out of Washington, civil discourse seems to be in extremely short supply. Perhaps Americans would be more civil if they used an ancient Japanese poetry form to discuss the major issues of the day.
As…

