Fashion and Natural Beauty Store Says Community Support is Key to Success

Business seeks to promote authentic African clothing, natural beauty products and cooperative economics

2013-04-01

Bruce Poinsette Of The Skanner News

She says the key to the success of her family business, Fashion & Natural Beauty, has been the outpouring of support from those in the NE Portland community and the gratitude her family has shown in return. Read the complete article

Cyprus Banks Reopen With Tough Cash Limits

Deposits above 100,000 euros have been frozen at both of the country’s biggest banks

2013-03-28

Mark Thompson CNN Money

LONDON (CNNMoney) -- Banks in Cyprus opened their doors Thursday for the first time in nearly two weeks with strict controls on the amount of cash people can withdraw as authorities tried to prevent money draining out of the economy following a bailout by the European Union. Read the complete article

News Briefs


Stronger Construction Activity Helps U.S. Economy Climb Off the Mat

Investment in non-residential buildings grew at a 16.7 percent annual rate

2013-03-28

Chris Isidore CNN Money

NEW YORK (CNNMoney) -- U.S. economic growth was weak at the end of last year but better than previously thought, according to the government's third and final report on the fourth quarter. Read the complete article

Furlough Means I Can't Pay My Student Loan

Upcoming furloughs mean a 20 percent pay cut for thousands of federal workers

2013-03-28

Jennifer Liberto CNN Money

WASHINGTON (CNNMoney) -- Upcoming furloughs mean a 20% pay cut for thousands of federal workers -- and some tough budgeting choices. For many, student loan payments will be the first to go. Read the complete article

Even Small Companies are Outsourcing

Small businesses are asking why hire American if others can do it for less?

2013-03-27

Jose Pagliery CNN Money

NEW YORK (CNNMoney) -- Why hire American if others can do it for less? Corporate giants have been asking that question for years, but now many small businesses are too. Read the complete article

Your Employer May Cost You $100k in Retirement Savings

Last year, new federal rules were put in place that require plan providers to be more transparent

2013-03-27

Melanie Hicken CNN Money

NEW YORK (CNNMoney) -- Some U.S. workers are losing out on more than $100,000 in retirement savings thanks to 401(k) fees. Read the complete article

Cyprus Banks to Stay Shut After Bailout

Tiny island had allowed banking industry to grow to about seven times the size of the economy

2013-03-26

Mark Thompson CNN Money

LONDON (CNNMoney) -- Cyprus' banks will remain shut until Thursday to give regulators time to guard against a run on deposits, the Ministry of Finance announced Monday. Read the complete article

Home Prices: Biggest Rise Since Housing Bubble

The typical price of a new home sold in the month was $246,800

2013-03-26

Chris Isidore CNN Money

NEW YORK (CNNMoney) -- Home prices continued their recovery, rising 8.1% in January, although a separate report showed a slight slowdown in new-home sales. Read the complete article

High Court Rules For Seller in Copyright Dispute Over Foreign-Made Goods

Justices ruled that copyrighted works made and purchased abroad can then be resold within the US

2013-03-19

Bill Mears CNN Supreme Court Producer

WASHINGTON (CNN) -- The Supreme Court threw its legal weight behind a Thai student whose side business selling foreign-made textbooks got him in trouble with the publisher. Read the complete article

Central Banks Souring on the Dollar

Dollar's share of total central bank reserves has decreased to over the past 12 years

2013-03-14

Ben Rooney CNN Money

NEW YORK (CNNMoney) -- The World Gold Council had some words of advice for central banks around the world: It may be time to diversify away from the U.S. dollar. Read the complete article

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