Five states see unemployment of 12% or more
Five states—Michigan, Nevada, Rhode Island, Oregon, and California—posted unemployment rates of 12 percent or more in August. Michigan’s 15.2 percent jobless rate was the highest in the nation. In all, 27 states and the District of Columbia reported that unemployment rose in August.
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Higher prices for pumpkins
It’s the great pumpkin shortage, Charlie Brown. A cool, damp summer in the Midwest and New England has decimated the U.S. pumpkin crop, leading to higher prices and shortages across the U.S. as Halloween approaches.
USA Today
IPOs make a comeback
In a sign that investors are finally regaining their appetite for risk, five initial public offerings are coming to market in the U.S. this week, the most IPOs since December 2007.
The Wall Street Journal
IRS extends amnesty program to 15 October
Tax dodgers now have until Oct. 15 to disclose their hidden assets in offshore accounts. The Internal Revenue Service decided to extend the deadline of its amnesty program by 22 days, because of the high volume of taxpayers coming forward. More than 3,000 taxpayers so far have admitted to hiding assets, up from 80 last year.
The New York Times
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Al fresco art: the UK's best sculpture parksThe Week Recommends Soak up the scenery with a stroll through these open-air galleries
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The bottom linefeature Working families continue to struggle; The least-trusted industries; The bestselling vehicle; Mobil device use triples; Global unemployment among the young
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The bottom line
feature The cost of e-filing; Dipping into nest eggs early; What Americans are drinking; Planning for death; How tax refunds are spent
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The bottom line
feature Building bigger houses; And tuition at OSU is?; Christmas at McDonald's; Self-gifting at Christmas; Lloyd’s prepares for Hurricane Sandy claims; Google's billions
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The bottom line
feature Good results for the third quarter; Compensation at financial firms hits a high; Three cities with recovering economies; Good year for car sales; Broadway's best performance ever; Tax bite is less in 2010 than in 1980
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The bottom line
feature Airlines cut domestic flights; Income up in small cities and rural areas; Bond and Lincoln lift box office earnings; Don't be fooled by Black Friday; The high toll of identity theft
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The bottom line
feature The gender pay gap; U.S. economic growth; Parents who argue about money; Online subscriptions rise
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The bottom line
feature Can the U.S. keep up?; Airlines spend billions on runway taxiing; Americans exaggerate their working hours; The Dow Jones's 67.9 percent gain; Success and summer babies
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The bottom line
feature Consumer confidence jumps; Wall Street cuts jobs, raises pay; Goldman Sachs's muppet hunt; Desktop web searches decline; Pizza Hut scraps debate freebie