Banks’ first quarter profits inch up

Profitability improved for local banks in the first quarter and fewer banks posted losses.
And notably, First Bank, St. Louis’ largest locally chartered bank, posted its […]

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You’re only worth $1.21 to Facebook

How much does Facebook value its users? In strictly monetary terms, about as much as a bag of chips.
Facebook is raking in a little […]

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St. Louis area waits on repairs as crews try to catch up

ST. LOUIS • Repair crews and insurance companies continue to scramble to keep up with the climbing number of calls about damage from Saturday’s deadly storms, […]

Employment Probably Picked Up in April: U.S. Economy Preview - Bloomberg

Hiring probably picked up in April after the weakest gain in five months, and the U.S. jobless rate stayed at 8.2 percent, showing improvement in […]

India Investment Grade Rating at Risk as S&P Cuts Outlook - Bloomberg

India

Roberts’ South Carolina hotel files for bankruptcy

The Roberts Cos.’ shuttered hotel in Spartanburg, S.C., filed for bankruptcy today, marking the second time in a week one of the company’s portfolio of […]

Are home prices near a bottom?

The average sale price of homes rose 4.6 percent in St. Louis city and county last month, but real estate pros aren’t ready to call […]

US natural gas boom brings decade-low price

The price of natural gas has fallen to its lowest level in more than a decade, a remarkable decline for a commodity that not long […]

Hollande rides mood as France embraces left

The man polls say has the best shot at becoming France’s next president wants to hire thousands more teachers, renegotiate Europe’s expensive, hard-won bailout package, […]

Class of 2012: More jobs, bigger paychecks

This year’s college graduates are being offered more jobs and fatter paychecks.
Members of the Class of 2012 are being offered median starting salaries […]