AltWeeklies Wire

New Mexico Halts Darfur-Profiting Investmentsnew

Nine days after we reported that the State Investment Office has $42.3 million tied up in "highest offender" corporations conducting business in Sudan, New Mexico became the 22nd state to commit to a divestment plan.
Santa Fe Reporter  |  Dave Maass  |  11-15-2007  |  Economy

Cities Ask Virginia to Cap Payday Lending at 36 Percentnew

Currently, most lenders charge borrowers $15 interest for every $100 borrowed -- per week. The APR on these loans can balloon to 391 percent, trapping borrowers in a vicious cycle of debt.
C-Ville Weekly  |  Scott Weaver  |  11-07-2007  |  Economy

World Bank Prophetsnew

After years of starving poor nations, the World Bank now wants to pay farmers to protect ecosystem.
NOW Magazine  |  Wayne Roberts  |  11-05-2007  |  Economy

Mortgage 'Rescuers' Are Often Scammersnew

A new bill in Wisconsin would crack down on fraudulent helpers.
Shepherd Express  |  Dennis A. Shook  |  10-23-2007  |  Economy

Ohio's Losing Gamblenew

The state voted against slot machines, but we got them anyway.
Cleveland Scene  |  Jared Klaus  |  10-19-2007  |  Economy

Things Fall Apartnew

Four years ago, the city entrusted developer Cameron Kuhn with saving downtown Orlando. How's that going, anyway?
Orlando Weekly  |  Jeffrey C. Billman  |  10-18-2007  |  Economy

How Bad is the Subprime Crisis in Philly?new

The city hasn't suffered from devalued homes and jobs losses like other parts of the country, but many people with poor credit who bought homes will soon be struggling to pay their mortgages, if they aren't already.
Philadelphia City Paper  |  Ted Hesson  |  10-16-2007  |  Economy

Thornburg Investment Management: Profiting Off Sudan?new

As the fifth largest institutional holder of stock in a subsidiary of a Chinese oil company operating in Sudan, the company is on the radar of a group that lobbies state governments to divest from companies supporting the Sudanese government, due to the human rights violations in that country.
Santa Fe Reporter  |  Dave Maass  |  10-11-2007  |  Economy

Is It Time for British Columbia to Raise its Minimum Wage?new

B.C. hasn't raised its $8/hour minimum wage since 2001, which has created plenty of grief for Keona Wiley and thousands of others.
The Georgia Straight  |  Carlito Pablo  |  10-09-2007  |  Economy

Polar Oppositesnew

As oil and gas rig counts continue to rise in north Louisiana, Gulf drilling and inshore activity in the state's southern reaches are mired in a slump.
Gambit  |  Jeremy Alford  |  10-02-2007  |  Economy

What's Art Got to Do With Massachusetts' Casino Gamble?new

Casinos do add jobs and tourism, but they also stomp on industry elsewhere -- Connecticut concert halls and stadiums have seen all the best touring acts get sucked up by the deep-pocketed Mohegan Sun.
New Haven Advocate  |  Christopher Arnott  |  10-02-2007  |  Economy

A Gulf of Indifferencenew

There are good reasons why politicians and special interests are branding a portion of southeast Louisiana as America's Energy Coast. Let's hope the country is listening.
Gambit  |  Jeremy Alford  |  09-25-2007  |  Economy

Too Little, Too Late on Predatory Lendingnew

Predatory lending action is helping some, but the worst may still be ahead.
Fort Worth Weekly  |  Dan McGraw  |  09-13-2007  |  Economy

Corporate Incentives: Down the Slippery Slopenew

North Carolina's delusional economic development policy headed for the rubber room recently, as the legislature and Gov. Mike Easley clashed, then compromised, over a bill to give Goodyear Tire & Rubber Co. up to $40 million to keep its Fayetteville plant open and stay in the state.
INDY Week  |  Bob Burtman  |  09-13-2007  |  Economy

No Sympathy for Homeowners with Exploding ARMsnew

Why should I feel sorry for someone who didn't think things through and jumped too early at the first loan they could get?
New York Press  |  John DeSio  |  09-13-2007  |  Economy

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