Economist: No bailout for Del. manufacturing
Over at the Caesar Rodney Institute, economist John Stapleford is arguing that Delaware's manufacturing sector does not need a helping hand from government, despite its decades-long decline. We wrote...
View ArticleEconomist questions gov’t handouts to business
Wells Fargo Chief Economist John E. Silvia has a paper out this week questioning the value of those economic development grants that have become so popular among Delaware's state government leaders....
View ArticleDuPont lowers guidance, cites weaker economy
Because the DuPont Co. sells products into a wide range of markets - including housing and consumer electronics - its financial health can be seen as an indicator of broader economic wellbeing. On that...
View ArticleDuPont leading stock rally
DuPont Co. stock is trading up 2.9 percent this afternoon, helping lead a rally fueled by a better-than-expected federal jobs data. All major stock indices are rallying. The Dow Jones Industrial...
View ArticleDelaware the most tax-friendly state in the country, says Kiplinger
This doesn't exactly qualify as a surprising revelation, but the First State was named as the No. 1 locale in the nation for low individual taxes by the personal finance publication Kiplinger....
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Delaware residential building permits up in January
The amount of residential building permits issued across Delaware increased 33 percent from December to January, even as issuances in neighboring states fell, according to the Federal Reserve Bank of...
View ArticleDelaware judge dismisses Goldman Sachs pay claims
The New York investment bank Goldman Sachs is known for, among other things, paying its executives pretty well. CEO Lloyd Blankfein, for example, was awarded a $67.9 million bonus in 2007, the same...
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Del. jobless claims signal labor market improvement
Initial claims for unemployment benefits continued their slide in Delaware for the week ending Feb. 26, dropping 24 to 1,038. The drop in claims does signal labor market improvement, though some...
View ArticleCoons to host jobs workshop
Delaware's junior U.S. Sen. Chris Coons, a Democrat, will host a workshop for jobs seekers at 5 p.m. on Sept. 29, a Thursday, at the Goodwill Job Resource Center at 300 E. Lea Boulevard in Wilmington....
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Del. unemployment dips to 6.2 percent
Delaware's unemployment rate fell to 6.2 percent in December, down from 6.5 percent in November, and a peak of 7.4 percent in July, according to the Delaware Department of Labor. The department...
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