Business

FILE - In this Sept. 16, 2003 file photo, clerks shout in the Euro Dollar Futures pit at the Chicago Mercantile Exchange. Most pits in Chicago and New York where traders bet on future prices of palladium and gold, cattle and corn and dozens of other commodities are expected to close for good on Monday, July 6, 2015. (AP Photo/Anne Ryan, File)

Traders Recall ‘Rush’ and ‘Roar’ as Famed Futures Pits Set to Close

Monday, July 6, 2015

New York — Pete Meegan had every intention of going back to college, but then he got a summer job in the Chicago trading pits and fell in love with the “roar” of the floor, the excitement of “4,000 people yelling, ‘Buy! Buy! Buy!’ ” and decided no more classroom for him. That roar will soon go silent. Today, most …

Greek Crisis Could Affect U.S.

Monday, July 6, 2015

The financial crisis in Greece has upended the lives — and livelihoods — of residents of the Mediterranean nation. The shutdown of the banking system has resulted in long lines at ATMs to withdraw a daily maximum of just 60 euros, about $67. Citizens have stockpiled food and fuel, leading to empty shelves at grocery stores and crowded gas stations. Business leaders have …

Social Security Q&A: Will Same-Sex Couple Qualify for Benefits?

Sunday, July 5, 2015

Question: My same-sex partner and I recently married. Will we qualify for Social Security benefits? Answer: You may be eligible to apply for Social Security benefits. Many factors affect your eligibility for benefits, including how long you worked and your age. Social Security encourages you to apply for benefits right away, even if you aren’t sure you’re eligible. Applying now will protect you …

Greece Will Hold Pivotal Vote

Sunday, June 28, 2015

Athens, Greece — Greece’s parliament voted early today in favor of Prime Minister Alexis Tsipras’ motion to hold a July 5 referendum on creditor proposals for reforms in exchange for loans, with the country’s future in the eurozone …

Agency Probes Pricing of Prepackaged Items at Whole Foods

Friday, June 26, 2015

Its nickname is “Whole Paycheck” — but Whole Foods’ high prices were generally thought to be part of its luxury mystique, not wrongdoing or mislabeling. But now that New York City’s Department of Consumer Affairs is investigating the grocery chain for “systemic overcharging for pre-packaged foods,” that may …

Windsor Solar Proposal Would Be Largest in Vt.

Thursday, June 25, 2015

Windsor — Green Mountain Power and groSolar are proposing to build a 4.9 megawatt solar farm on 50 acres of open space just south of the Southeast State Correctional Facility in what would be the utility’s largest solar …

Report: World Will Invest $3.7 Trillion in Solar by 2040

Thursday, June 25, 2015

Washington — The world’s energy portfolio will get vastly cleaner by the year 2040, says a new long-term energy outlook from Bloomberg New Energy Finance — but not clean enough. Out to 2040, the world will see a …

Report Finds More People Are Renting, Rather Than Buying, Homes

Thursday, June 25, 2015

Washington — The majority of American households still own their homes, a fact that will remain true as far into the future as demographers and economists can see. But the balance of homeowners and renters has been shifting in the U.S. in ways that have already altered the …

How Much Should Millennials Invest?

Sunday, June 21, 2015

Millennials (born between 1980 and 2000, aka Gen Y) drown in advice about investing for retirement and growing wealth to achieve financial goals. How much to scrape out of each paycheck to grow yourself a sufficient nest egg? Hard to pinpoint, but you can plan based on your …

Social Security Q&A: Will Other Support Disqualify Me for SSI?

Sunday, June 21, 2015

Question: This summer, I’ll turn 65 and, because of my financial situation, I thought I’d be eligible for Supplemental Security Income. But my neighbor told me I’d probably be turned down because I have a friend who said he might help support me. Is this true? Answer: If …

At the Hospitals: June 21, 2015

Sunday, June 21, 2015

$3.4 Million Grant Designed to Help Rural Veterans White River Junction — A nurse at the Veterans Affairs Medical Center in White River Junction and a nursing professor at a Boston graduate school have received $3.4 million to …

Maple Lanes Upgrades: Claremont Bowling Center Uses Familiar Synthetic

Sunday, June 21, 2015

Claremont — To the non-bowler, the new lanes at Maple Lanes are beautiful, clean and much improved in appearance from the old faded and discolored wooden lanes. The regular bowler sees much more. “Theoretically, it is more uniform …

Business Notes: June 21, 2015

Sunday, June 21, 2015

White River Junction — Mascoma Savings Bank has been allocated $55 million in federal tax credit authority by the U.S. Treasury Department’s Community Development Financial Institutions Fund. The New Market Tax Credit Program enables economically distressed communities to access private investment capital by providing investors with a federal …