Economy | St. Louis Public Radio

Economy

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The costs of goods and services in the St. Louis region rose 2.5 percent between the last six months of 2009 and the last six months of 2010 - more than double the national rate over that same time.

Though the Bureau of Labor Statistics data show electricity prices going up 13.1 percent and motor fuel going up 10.1 percent, bureau economist Jacqueline Michael Midkiff says they weren't the real drivers of the increase.

Flickr/Rob Lee

A survey says that economic growth in the Midwest will continue into the first half of the new year, but what does that really mean?

This article first appeared in the St. Louis Beacon: November 19, 2008 - When St. Louis investors try to determine how Wall Street's woes have infected Main Street companies, they should keep flu shots in mind.

This article first appeared in the St. Louis Beacon: November 19, 2008 - Washington University Chancellor Mark S. Wrighton warned students and faculty to expect a "significant reduction" in spending during the next fiscal year due to deteriorating economic conditions. The expected spending cuts will affect capital projects, staff positions, and pay raises, he said.

Commentary: Jimmy Carter was right

Nov 19, 2008

This article first appeared in the St. Louis Beacon: November 19, 2008 - In his 1979 "malaise" speech, Jimmy Carter spoke to a nation facing multiple economic challenges and a debilitating energy crisis. But his focus on problems "more serious than energy or inflation" transcended immediate events.

Commentary: When is a bailout counterproductive?

Nov 18, 2008

This article first appeared in the St. Louis Beacon: November 18, 2008 - In the past few months, the government has intervened in the market at an unprecedented level, putting cash into financial service firms by direct loans or purchase of their preferred stock. And more is promised.

This article first appeared in the St. Louis Beacon: November 18, 2008 - Oh, the shopping season looks frightful -- whether you're a consumer, fretting about what to buy and how much to spend, or a retailer, worrying about sales, or an employee, wondering how much longer work will continue.

This article first appeared in the St. Louis Beacon: November 7, 2008 - The outcome of Tuesday's election was historic in many ways. The obvious is that an African American has been elected to the highest office in the country. It also marks the first time in many years that the Democrats hold the White House, the House and the Senate. Some have already christened this as a new era for democratic policies.

This article first appeared in the St. Louis Beacon: October 28, 2008- A few mornings a week, between 5:30 and 6, the soft ring of a cell phone pulls Robin S. Davis out of sleep. It sits on the night stand beside her bed.

Davis tries to compose herself, pushing the sleepiness out of her voice.

This article first appeared in the St. Louis Beacon, Oct. 20, 2008 - Ten years ago, Dora Smart sat down at her kitchen table with a sheet of paper and a pen. She began writing.

At 66, she knew she had more years behind than ahead. She wanted her daughters to find the letter after her death. She wanted to write about what really mattered.

This article first appeared in the St. Louis Beacon: October 17, 2008 - Brandon Walker opens his eyes to a drizzling, gray-skied Tuesday morning. Quiet fills his bedroom, but not his head.

Already, he's thinking, planning, dreaming about all that surely must come.

But then, the rain. I gotta go through that? Walker thinks. He's heading off to his weekly morning radio show at the campus station for the University of Missouri-St. Louis.

This article first appeared in the St. Louis Beacon: October 13, 2008 - In a deteriorating economy, there's good news and bad news for investors in St. Louis bank stocks.

The bad news is that most of these stocks have declined for the 12 months that ended Oct. 10. The good news is that they have done better -- or, rather, less worse -- than the Standard & Poor's 500-stock index (down 42 percent) and the S&P Banking Index of larger banks (down 59 percent).

This article first appeared in the St. Louis Beacon: September 15, 2008 - Venerable financial names are being swallowed or going broke, the stock market is heading south and the financial websites and cable networks might as well have a black border around their screens.

What should you do? What can you do? When will things improve?

This post first appeared in the St. Louis Beacon: July 27, 2008 - In "The Accidental Theorist," Paul Krugman describes a fictional economy that produces two items: hot dogs and buns. The Princeton economist and New York Times columnist uses the playful idea as an analogy to dispel the belief that productivity growth in the world economy reduces overall employment and creates an excess supply of products that cannot be consumed.

kennelwood dog boarding
Provided by Kennelwood | St. Louis Beacon archives

This article first appeared in the St. Louis Beacon: July 18, 2008 - Winston the Boxer lives a pretty good life. He has his own room. He only drinks chilled Dasani water. "He won't eat until the food is warmed ahead of time," says Gregg Miller of Oak Grove, Mo. "He's such a demanding little thing."

But like many pet owners around the country, Miller says, "Nothing is too good for my dog."

This article first appeared in the St. Louis Beacon: July 7, 2008 - Democratic presidential hopeful Barack Obama was back in St. Louis on Monday after his chartered plane, flying from Chicago to Charlotte, had mechanical difficulties and made a precautionary landing at Lambert Field. He used time following the unscheduled landing to announce a proposed $50 billion economic stimulus package, tax cuts for most workers and families and the elimination of income taxes for senior citizens who earn less than $50,000.

Porcelain dolls are being sold to finance trips to visit a real baby. 300 pxls 2008
Kristen Hare | St. Louis Beacon archives

This article first appeared in the St. Louis Beacon: The babies showed up on craigslist at 1:26 p.m., May 6. " ...from glowing cheeks to the tips of ten tiny toes. Arms and legs have soft baby creases and folds. He has sparkling brown eyes and brown hair and the cutest little smile.

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