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Archive of: Finance

Title Issue

Fiscal cliff warning sends stock market lower

Traders came back to work after the Thanksgiving weekend to the same old worries about the fiscal cliff and the European debt crisis.

November Issue 4 2012

APCM marks 20 years, $2.7B under management

Alaska Permanent Capital Management had $2.7 billion in assets under management in October — and that wasn’t the firm’s only milestone.

November Issue 4 2012

Use credit strategically as the recovery gains strength

The significant tightening of business credit brought by the recession has begun to lift. A recent analysis of FDIC data by the Investigative Reporting Workshop found banks have been increasing overall commercial and industrial lending for five straight quarters.

November Issue 4 2012

US home sales rise 2.1 percent in October

U.S. sales of previously occupied homes rose solidly in October, helped by improvement in the job market and record-low mortgage rates. The increase along with a jump in homebuilder confidence this month suggests the housing market continues to recover.

November Issue 3 2012

US stocks rise on hopes for budget deal, Europe

U.S. stocks shook off their post-election slump Monday and recorded big gains. Investors appeared more optimistic about a deal to avoid a federal budget crisis and were encouraged by a pair of corporate earnings reports.

November Issue 3 2012

Hill leaders voice confidence in debt deal

Leaders of Congress declared confidence Friday they could reach a deal with President Barack Obama to avert economically convulsive tax increases and budget cuts at year's end, in a rare show of unity reflecting the dire stakes in a nation sick of political stalemate.

November Issue 3 2012

Stocks slide after gloomy report on retail sales

Stock indexes moved lower in light trading on Wall Street Wednesday. Strong earnings from Abercrombie & Fitch were offset by a gloomy report on retail spending from the government.

November Issue 2 2012

US stocks rise; Home Depot boosts Dow average

U.S. stocks rose Tuesday after a sluggish start. A surge in Home Depot's stock lifted the Dow Jones industrial average.

November Issue 2 2012

Stocks slip as worries about fiscal cliff return

U.S. stocks edged toward small losses Monday morning as investors kept fretting about the approaching "fiscal cliff."

November Issue 2 2012

Alaska financial institutions benefit from stable economy

By many metrics, Alaska’s financial institutions are doing well.

November Issue 2 2012
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