Articles tagged with: recession
It seems that the reception the nation has been slogging through for the past few years has brought along with it more than a few scammers out to capitalize on the financial woes of others.
Debt relief ads are prominent on television, the radio, email and the Internet. The Arkansas Attorney General’s office has even warned of “robocallers” promising miraculous debt cures but offering considerably less.
Mark Foster, director of education for Credit Counseling of Arkansas (CCOA), said he has become increasingly concerned about offers that claim to be tied in some …
Business, Commentary, News, Politics, Real Estate »
For the past couple of years, we’ve heard about a housing market recovery, government programs designed to encourage a recovery, federal plans to help people avoid foreclosure, etc.
It’s worth mentioning, however, that low interest rates and dropping prices are great but falling unemployment rates would be even better. The truth of the matter is that people tend to not buy major things like houses if they’re not working. People without jobs tend to fall behind on their mortgages, too.
A lot of the economic news we’re inundated with tends to overlook …
Business, News, Real Estate »
Federal Reserve Bank of St. Louis President James Bullard said he expects to see the national economy improve through the second half of the year.
While it’s not terribly unusual to see some economists and government officials to call for improved economic health regardless of how things are going, Bullard had a unique take on the national economy. He said one can, in essence, think to the economic strife that has plagued the nation these past couple of years as being created by a “bubble economy” that deviated substantially from the …
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While most people view a home as a place to live in, there are some who buy with one question in mind – when will this house increase in value?
Bobby Coats, an economist and professor at the University of Arkansas’ Dale Bumpers College of Agriculture & Life Sciences in Little Rock, said the investment minded buyers may be in luck in the current market. Why? His opinion is that homes will start gaining in value before too many years.
Coats said real estate is going through a deflationary period and …
ROGERS — If you bought it, trucks brought it.
J.B. Hunt Transport Services Inc. of Lowell brought more goods over the road and by rail for manufacturers and to stores.
The firm’s profit doubled when compared with this time last year.
J.B. Hunt reported its second quarter earnings after financial markets closed Thursday.
The transportation company reported $942.77 million in revenue for the second quarter ended June 30, about a 22 percent increase from the $769.78 million in revenue in the second quarter 2009.
“Demand for transportation services has increased fairly dramatically as …