economy

Julio Cortez / AP

Following Britain's vote last month to leave the European Union, investors have been moving cash into "safe havens," such as U.S. Treasury bonds. That surging demand for reliable investments has sent interest rates down to record lows. But local governments may not be able to take advantage of cheap money for infrastructure repairs.

Stephan Savoia / AP

Conn. Gov. Dannel Malloy's popularity rating has hit a new low, with a majority of registered voters disapproving of how the Democrat has managed the state's economy, jobs, budget and taxes.

Nazareth College / Flickr

This may be the best time in a decade to be graduating from college. That's the view of some economists who note the job market keeps getting stronger. Except for the energy sector, many industries are searching for young talent now, which is a very different picture than it was and than it remains for graduates of the Great Recession.

WSHU Senior Reporter Charles Lane recently spoke with several individuals with a keen interest in the current job market. Below is a transcript of their conversations.  

AP Photo/Richard Drew

In a verdict that has far-reaching consequences for global banking, a federal jury in New York has found Arab Bank liable for funding terrorism in Israel between 2000 and 2004.

300 American victims and their families sued the Jordan-based bank, saying they violated the Anti-Terrorism Act by knowingly funding Hamas during the second Intifada. The plaintiffs convinced a jury that the bank gave material support in 24 attacks where Americans were hurt or killed.

This is the first time the Anti-Terrorism Act has been used civilly against a bank.

LI tech companies having trouble finding talent

Aug 12, 2014
Gabrielle Fonrouge

Long Island technology companies gathered in Huntington on Tuesday at an event called Tech Day. The businesses were in search of talent and investors.

BluChip SEO is an internet marketing startup based in Smithtown. The company's managing partner, Harold German, came out to Long Island tech day to attract new talent.

“Over the past ten to fifteen years, there has been sort of a talent exodus of 18-34 year olds," German said. "that is concerning because we have a need here for local businesses to be optimized.”

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