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Stocks end the week on an up note

Jessica Stanley — Sat, 14 Nov 2009 00:38:29 GMT

The blue chips resumed their rally on the trading floor on Friday. The Dow gained 73 points, and the Nasdaq rose nineteen. New details on what sparked a big jump in the nation's trade deficit back in September.

FTC going after electronics co.

Jaclyn Cashman — Fri, 13 Nov 2009 21:16:55 GMT

An electronics sales company gets in trouble with the Federal Trade Commission for taking money and then never delivering the product. Djuan Roberson of West Springfield has bad credit and couldn't get financing to buy a computer.

Cardiologist & Boston exec Baim dies

Sat, 07 Nov 2009 21:47:00 GMT

The family of renowned cardiologist and medical device executive Dr. Donald Baim says he has died following surgery to treat a form of cancer. He was 60.

G-20 officials: Early to end stimulus

Sat, 07 Nov 2009 21:42:29 GMT

Finance officials from rich and developing countries have pledged to maintain emergency support for their economies until global recovery is assured.

$9m footbridge for Kraft lots

Sat, 07 Nov 2009 21:36:33 GMT

The Patrick administration plans to use $9 million in stimulus funds for a Foxborough footbridge connecting two parking lots that belong to New England Patriots owner Robert Kraft.

Obama prods House to pass health bill

Sat, 07 Nov 2009 21:29:29 GMT

President Barack Obama says now is the time for Congress to "answer the call of history" and approve legislation revamping the country's health care system.

MassMutual warns of data breach

Jaclyn Cashman — Fri, 06 Nov 2009 21:11:57 GMT

There was a data breach at one of Springfield's largest businesses.

Home sales up for third straight month

Tue, 27 Oct 2009 11:28:53 GMT

Home sales in Massachusetts rose for the third consecutive month in September as the median price continued to decline.

Housing and the local economy

Mon, 26 Oct 2009 11:02:30 GMT

Foreclosure has taken a toll on the economy here in western Massachusetts.

Scary business for Halloween retailers

Alexis Miller — Mon, 26 Oct 2009 02:40:41 GMT

When it comes to retailers, Halloween is the second biggest shopping season of the year. But this Halloween may be scary business for some retailers as many cash strapped people are cutting back.

Homes sales up, boosted by tax credit

Jackie Bruno — Fri, 23 Oct 2009 20:17:30 GMT

Homes are up nationwide according to the National Association of Realtors. They report that the sales of previously owned homes in September rose to the highest level in more than two years.

Investor: Stimulus spurred Dow rebound

Thu, 15 Oct 2009 17:33:20 GMT

The stock market closed at over 10,000 on Wednesday for the first time in a year. Tim Suffish, Senior Vice President at St. Germain Investment , told 22News an infusion of stimulus money has made its way into the economy and is helping the rebound on Wall Street.

Dow hits 10,000, but unemployment looms

Jackie Bruno — Thu, 15 Oct 2009 02:00:32 GMT

The Dow Jones Industrial Average surpassed the 10,000 mark and closed at 10,015.86 on Wednesday. Many economic experts say this is a strong sign the recession is ending.

Americans' spending jumps in August

Elysia Rodriguez — Tue, 06 Oct 2009 11:20:33 GMT

Times are still tough, but it seems consumers are not holding on to their money as tightly as they were earlier this year. According the Commerce Department, consumer spending in August shot up by 1.3 percent, the largest amount in nearly eight years.

Economy back on track...not yet

Anthony DiLorenzo — Fri, 02 Oct 2009 20:59:14 GMT

New unemployment numbers for September may indicate that the longest recession since the 1930's is not over yet. The unemployment rate rose slightly to 9.8% last month, that's up from 9.7% in August.

ATM, checking fees up this year

Jackie Brousseau — Thu, 01 Oct 2009 15:58:17 GMT

Banks charged record highs for ATM and checking account fees this year.

Banks change overdraft policies

Jackie Bruno — Fri, 25 Sep 2009 20:50:56 GMT

Four major banks have made changes to their overdraft policies. But, they're not eliminating overdraft fees all together. 22News is working for you with how to avoid these fees.

Cost of Gold at Record High

Alexis Miller — Thu, 24 Sep 2009 21:55:00 GMT

The price of gold is now worth 1,000 dollars an ounce, which is a steady high.

Local businesses celebrate enshrinement

Jackie Bruno — Sat, 12 Sep 2009 01:41:55 GMT

The Basketball Hall of Fame's Enshrinement Ceremony has brought stars to Springfield. But, local business owners hope it also brings in extra dollars.

Dealers to get 'Clunkers' money by 9/30

Thu, 03 Sep 2009 16:11:08 GMT

The government has approved $500 million in reimbursements to car dealers for sales under the Cash for Clunkers program and dealers should be paid by late September, officials said Thursday.

Summer rain, no business gain

Alexis Miller — Fri, 28 Aug 2009 21:27:40 GMT

Rainy weather may be putting a damper on your summer plans but its also putting a serious financial dent in many outdoor businesses that depend on those hot summer days to make a profit.

Feds say economy is stablizing

Jackie Bruno — Thu, 13 Aug 2009 19:41:04 GMT

The Federal Reserve offered a boost of optimism on Wednesday. They said there are signs the economy is stabilizing. But, Paul Valickus of St. Germain Investments says he thinks the economy has been on the upswing since May.

Consumer alert: credit card minimums

Jaclyn Cashman — Mon, 10 Aug 2009 19:46:35 GMT

Ever try to buy something at a store and you're told you need to spend a certain amount of money in order to use your plastic? Well, that's actually not allowed.

Bacteria is killing CT bees

Mon, 10 Aug 2009 19:36:49 GMT

Nearly half of Connecticut's 2,600 registered beehives have been infected with American foulbrood bacteria. This bacteria can cause a disease which can kill whole colonies of bees.

Retail sales down in July

Jackie Bruno — Thu, 06 Aug 2009 22:29:33 GMT

New reports reveal that many retailers struggled in July compared to their sales last year. Even back to school shoppers couldn't bolster their profits.

Gas prices rise for 1st time in 6 weeks

Mon, 03 Aug 2009 16:35:31 GMT

Massachusetts gas prices rose two cents in the past week, the first jump in six weeks.

Going herbal to get healthy

Jackie Bruno — Fri, 31 Jul 2009 04:33:16 GMT

Americans spend $34 billion dollars a year on alternative therapies.

Home prices, sales stabilizing in Mass.

Tue, 28 Jul 2009 13:06:10 GMT

The median selling price for a single-family home in Massachusetts topped $300,000 in June, the first time that has happened since last August.

Gas prices level after month of falls

Mon, 27 Jul 2009 15:50:39 GMT

Gasoline prices in Massachusetts have leveled off, after falling the past four weeks.

Retailers brace for sales tax hike

Mon, 27 Jul 2009 13:18:33 GMT

Retailers in Massachusetts are expecting brisk business in the days leading up to a 25 percent increase in the state sales tax.