Cleveburgh Economic Development

I’ve been kind of watching this, not quite comprehending it all, but Bloomberg has a good synopsis of Cleveland’s big new bet on a $465 million project that defies description a bit.    See:

Cleveland Bets $465 Million Vornado Can Revamp Economy as Health-Care Hub

I have to say that even after reading that detailed . . . → Read More: Cleveburgh Economic Development

Democrats and Republicans Appear Likely to Extend Unemployment Benefits

Politicians went on Sunday talk shows and made it clear that both sides are ready to extend benefits to the unemployed — no matter their party affiliation.

President Obama is pressuring both parties to extend unemployment insurance and it appears a Congressional deal could be reached this week.

“I think most folks believe the . . . → Read More: Democrats and Republicans Appear Likely to Extend Unemployment Benefits

Economic Events on December 7, 2010

At 7:45 AM EST, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis of retail sales.

At 8:55 AM EST, the weekly Redbook report will be released, giving us more information about consumer spending.

At 3:00 PM EST, the Consumer Credit report . . . → Read More: Economic Events on December 7, 2010