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Local banker teaches kids the virtues of saving money
There are several instances in the Bible in which the accruement of debt is, if not strictly prohibited, highly discouraged, particularly that bit in the book of Proverbs about the borrower being the...
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Regions Financial Corp. OK to issue dividendsBIRMINGHAM, Ala. — In the wake of its stress test for the nation’s banks, the Federal Reserve has notified Regions Financial Corporation (NYSE:RF) it does...
View ArticleCITY TALK: Savannah's Truman extension impacting commuters, businesses
The full length of the Truman Parkway has been open for about two weeks now, and a few things are obvious.For starters, the quicker trip through town has transformed the commuting experience for a...
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Savannah furnishings company La Bastille opens NYC showroom
A Savannah-based luxury furnishings and countertop manufacturer, La Bastille, has opened its first showroom in New York City.The new showroom is located in the New York Design Center in Manhattan and...
View ArticleEconomist: 'We're back'
After slogging along with marginal growth for more quarters than anyone wants to count, the Savannah-area economy took off in the fourth quarter of 2013, according to economist Michael Toma, author of...
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$1 trillion student loan debt widens U.S. wealth gap
Every month that Gregory Zbylut pays $1,300 toward his law school loans is another month of not qualifying for a decent mortgage.Every payment toward their student loans is $900 Dr. Nida Degesys and...
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Cuban lawmakers OK key foreign investment law
HAVANA — Cuban lawmakers on Saturday approved a law aimed at making Cuba more attractive to foreign investors, a measure seen as vital for the island’s struggling economy.Meeting in an extraordinary...
View ArticleStudies find new drugs greatly lower cholesterol
WASHINGTON — A new class of experimental medicines can dramatically lower cholesterol, raising hopes of a fresh option for people who can’t tolerate or don’t get enough help from Lipitor and other...
View ArticleSavannah area gas prices up slightly
Average retail gasoline prices in Savannah have risen 2.4 cents per gallon in the past week to $3.40 gallon on Sunday, according to GasBuddy’s daily survey of 262 gas outlets in Savannah.The national...
View ArticleForeclosure rates down in Savannah
Foreclosure rates in Savannah decreased for the month of January over the same period last year, according to newly released data from real estate reporting firm CoreLogic.The CoreLogic data indicates...
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Sen. Chambliss: Politics not responsible for Savannah port-funding delay
ATLANTA — Politics isn’t the reason for the delay in federal funding to deepen the Savannah River ship channel, Sen. Saxby Chambliss said Monday.When President Barack Obama released his spending...
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Jury selection begins in Apple-Samsung case
SAN JOSE, Calif. — The world’s two leading smartphone makers were back in federal court on Monday, accusing each other of stealing ideas and features.The trial in Silicon Valley, which got underway...
View ArticleBiS in brief: Metro gas prices up slightly
Metro gas prices up slightlyAverage retail gasoline prices in Savannah have risen 2.4 cents per gallon in the past week to $3.40 gallon on Sunday, according to GasBuddy’s daily survey of 262 gas...
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Funky Brunch Cafe attracting big crowds to Savannah's East Broughton Street
The Funky Brunch Café has been open at 304 E. Broughton St. for just a couple of weeks, but it has already been attracting big crowds.And it’s easy to see why.A friend and I ventured to The Funky...
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Yellen: Job market needs low rates 'for some time'
WASHINGTON — Federal Reserve Chair Janet Yellen made clear Monday that she thinks the still-subpar U.S. job market will continue to need the help of low interest rates “for some time.”Yellen’s remarks...
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New plan in works for city-owned shopping center
City staffers are proposing a more direct approach for attracting desired tenants to the city-owned shopping center on Waters Avenue after two previous attempts failed to lure the type of businesses...
View ArticleMinimum wage value falling but fairness is debated
WASHINGTON — The federal minimum wage has been below what’s needed to keep a family of three out of poverty since 1980. It’s also well shy of the peak of its buying power almost half a century ago.Is...
View ArticleSoda sales in U.S. decline at faster pace
Soda sales in U.S. decline at faster pace NEW YORK — Americans cut back on soda at an accelerated pace last year, bringing sales volume to the lowest level since 1995, according to a new report.U.S....
View ArticleHome prices in Savannah increase year over year
Home prices in Savannah, including distressed sales, increased by 3.4 percent in February 2014 compared to February 2013, according to real estate reporting firm CoreLogic.On a month-over-month basis,...
View ArticleBiS in brief: Home prices up year over year in Savannah
Home prices up year over year in SavannahHome prices in Savannah, including distressed sales, increased by 3.4 percent in February 2014 compared to February 2013, according to real estate reporting...
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