We're in a recession, which could be severe. Several financial services companies have either collapsed or been bailed out by the government. And the stock market is down about 45 percent since hitting its peak in October 2007. Is this a "perfect storm" that should blow investors out of the market - or is it actually an opportunity for investors to jump back in?
ATLANTA - Georgia Secretary of State Karen Handel today offered advice to individuals planning to donate to charities during the holiday season. Secretary Handel serves as Georgia's chief charities regulator.
ATLANTA - State Labor Commissioner Michael Thurmond commended the Georgia congressional delegation and President Bush for their decision to extend unemployment insurance benefits for jobless Americans. More than 90,000 Georgians may be eligible for the extended benefits signed into law this morning.
That letter from your car insurance company about Uninsured Motorist Coverage got you scratching you head while you try to translate all that insurance mum boo jumbo. Well, lets see if we can simplify it some, or at least get the language into English.
While small business lending is down in Georgia, a recent spot check of lenders who make SBA guaranteed loans showed they are doing deals for start ups and expansions and perhaps climbing back from a recent 28 percent drop in total loan volume.
ATLANTA - The Georgia Department of Labor reported that the unemployment rate in metro Savannah rose to a preliminary unadjusted rate of 6 percent in October, up 2.2 percentage points over the year from last October. The unemployment rate rose to 7 percent in October, the highest rate in more than 16 years. The jobless rate was up 2.5 percentage points from 4.5 percent at this same time last year. The October unemployment rate was up six-tenths of one percentage point from a revised 6.4 percent in September.
Adam S. Bryant, advisor for Sperry Van Ness Commercial Real Estate in Savannah, was awarded the Certified Commercial Investment Member (CCIM) designation in October by the CCIM Institute, one of the leading commercial real estate associations in the world.
ATLANTA - The Georgia Department of Labor (GDOL) reported that the state's seasonally adjusted unemployment rate rose to 7.0 percent in October, the highest rate in more than 16 years. The jobless rate was up 2.5 percentage points from 4.5 percent at this same time last year. The October unemployment rate was up six-tenths of one percentage point from a revised 6.4 percent in September.
Concerned about lower consumer spending this holiday season, Effingham County retailers are trying to lure holiday shoppers with huge discounts of up to 75 percent and buy one, get one free specials Dec. 5, as part of the Effingham County Chamber of Commerce Holiday Business Tour.
The Effingham County Chamber of Commerce will hold its annual Eggs and Issues Breakfast on Dec. 3. The event will be held in the Social Hall of Springfield United Methodist Church, 210 Cleveland St., Springfield at 7:30 a.m.
Luke and Linda Kulp were presented with a check for $500 from Konter Quality Homes and SunTrust Mortgage, according to Steve Petro, sales and marketing director of Konter Quality Homes. The Kulps entered the drawing at the Saddle Club booth at the October Effingham County Fair.
If you're an investor, you might be shaking your head in dismay after looking at your recent brokerage statements. In fact, you might even be thinking about giving up on Wall Street altogether. But before you do, consider the following story.
ATLANTA - The Georgia Department of Labor announced that 74,480 laid-off workers filed first-time claims for unemployment insurance benefits in November, an increase of 54.7 percent from November of 2007.
ATLANTA - The tax filing season is just around the corner. "Taxpayers can take the first step now by planning and reviewing tax law changes featured on the IRS Web site, www.irs.gov", according to IRS spokesman Mark Green.
WASHINGTON, D.C. - A plan by the Treasury Department and the Federal Reserve to improve market conditions for asset-backed securities - including those composed of SBA-backed small business loans - should be welcome news to credit-hungry small businesses across the country, said U.S. Small Business Administration Acting Administrator Sandy K. Baruah.
The Savannah Area Chapter of the Society of Human Resource Management hosted their annual HR retreat for 125 attendees from Georgia, Florida and South Carolina on July 24 in downtown Savannah at the Embassy Suites.
The new master plan for a planned massive film production studio could be in the hands of Effingham County officials as soon as Friday, the studio CEO said.
Georgia-lensed feature films and television productions generated an economic impact of $5.1 billion during fiscal year 2014, Gov. Nathan Deal announced.
The annual Effingham County Young Farmers tour let participants see how advanced agriculture has become - and get a glimpse of a burgeoning new agribusiness endeavor.
The Savannah-based medical organization formerly known as SouthCoast Medical Group has re-branded officially as SouthCoast Health. The change will be reflected in the organization's name, logo, Web site and overall visual identity.
Effingham County's Dusty Zeigler is among an elite group of Allstate insurance agency owners who recently earned the personal financial representative title.
The Effingham Chamber of Commerce held a ribbon cutting Thursday for the new Guyton Animal Hospital.
BI-LO is holding a job fair to accept applications and conduct interviews for various positions in the Pooler area.
The Effingham Chamber of Commerce announced that it will hold a membership campaign for the first time in several years.
ATLANTA - The Georgia Department of Labor announced Thursday that Metro Savannah's unemployment rate increased to 7.4 percent in June, up five-tenths of a percentage point from 6.9 percent in May. The rate was 8.3 percent in June a year ago.
The Georgia Ports Authority moved more than 29 million tons of cargo, 3 million 20-foot equivalent container units (TEUs) and more than 700,000 auto and machinery units in fiscal year 2014, the GPA reported Monday.
The new chief executive officer of Medient Studios said the company got the ruling in its favor from a Nevada judge Wednesday afternoon it anticipated.