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1 HOUR AGO - Boston Herald

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Seafood processing plant coming to Gloucester

GLOUCESTER — An Illinois-based seafood processor is opening a facility in Gloucester that's expected to bring 200 jobs to the city.The Mazzetta Company has purchased a 65,000-square-foot plant in the Blackburn Industrial Park and plans to invest $10 million in the facility with the goal of opening next year. The 200 jobs will be full- and part-time.The investments include modern ...

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8 HOURS AGO - Business Insider

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GOLDMAN: So Far, Larry Summers Has Been Wrong About The US Economy (GS)

About a year ago, former Treasury secretary Larry Summers gave his famous speech at the IMF about "secular stagnation." The basic idea behind secular stagnation is that the economy in its current condition is unable to create enough demand to sustain its growth trend, requiring negative interest rates for the Fed to hit its employment and inflation goals. In a note to ...

Tags: GOLDMAN: So Far, Larry Summers Has Been Wrong About The US Economy (GS),  Jobs Latest News

17 HOURS AGO - Zero Hedge

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Pity the Sub-Genius

From the Slope of Hope: They say be careful what you wish for. And, as is often the case, "they" are right. As a kid, I wished the world favored the smart. I was a smart kid, and it seemed like the world - at least my world - was dominated by bullies and airheads. Might made right, just like in the ...

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NOV 22, 2014 - Zero Hedge

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Veteran S&P Futures Trader: "I Am 100% Confident That Central Banks Are Buying S&P Futures"

A Zero Hedge reader, and long-time futures trader, shares his views on the evolution of the "market", where it was, where it is, and where it may be going. * * * I have been an independent trader for 23 years, starting at the CBOT in grains and CME in the S&P 500 futures markets long ago while they were ...

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NOV 22, 2014 - Boston Herald

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Obama immigration plan good, not great for economy

WASHINGTON — President Barack Obama's expansive executive action on immigration is good for the U.S. economy — just not as good as partnering with Congress on broader reforms.Announced Thursday, the executive order would prevent the deportation of about 4 million parents and guardians who lack the same legal status as their children. By gaining work permits, they will likely command ...

Tags: Obama immigration plan good, not great for economy,  Jobs Latest News