McEagle seeking $410 million TIF for $8 billion NorthSide project

ST. LOUIS – McEagle Properties is asking city officials for $410 million in financing to help kick-start its 20-year plan to rebuild a big […]

Problem bank list tops 300

The government’s list of troubled banks swelled in the first quarter, climbing to its highest level in nearly 15 years, regulators said Wednesday.
The Federal […]

Port of Montreal container traffic down 10% in Q1

MONTREAL – Container traffic at the Port of Montreal is down nearly 10 per cent in the first quarter as the recession squeezes global […]

Air freight slump near bottom

The slump in demand for air freight may have hit bottom, data from an airline industry body showed on Wednesday, but it warned there […]

Opel bidders pressed to improve offers before meeting

Bidders for German carmaker Opel are being pressed to make last-minute changes to their offers ahead of a meeting on Wednesday that could narrow […]

Crunch time looms for GM, Chrysler restructuring

United Auto Workers’ officials will gather on Tuesday to hear how many more U.S. factory jobs GM will cut as the embattled automaker enters […]

China still buying record amounts of U.S. bonds: report

China’s official foreign exchange manager is still buying record amounts of U.S. government bonds, in spite of Beijing’s increasingly vocal fear of a dollar […]

Fed’s Kohn says rates likely to stay low for some time

The Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a […]

GM bondholders fight back

Jim Graves comes from a Michigan family with deep ties to General Motors.
His brother and sister are retired autoworkers who depend on GM (GM, […]

Green shoots? Check the yield curve

If you’re looking for a sign that the economy may be on the mend, look no further than the Treasury yield curve — a […]