BizNorthBlog

Business observations, commentary and links from the staff of BusinessNorth

Would you bet on FB?

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Bankers gone wild?

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Are recall elections a good political tool?

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Viking Stadium, are casinos the way to go?

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What will save Social Security?

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To fish or not to fish (early)

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WSJ interviews IMF’s Lagarde

Christine Lagarde, head of the International Monetary Fund, had some insightful thoughts on the world’s current economic state. Lagarde sees some improvement on the world economic scene, but also notes need for improvement. Ever the diplomat, Ms. Lagarde doesn’t cast stones at any of the world’s major economic players. Her measured economic assessment is a pleasure to watch in all too often combative atmosphere.

You can watch her (approximate) 10 minute interview with the Wall Street Journal here: http://online.wsj.com/video/imf-lagarde-world-economy-highly-unstable/7E446556-713F-4DED-ABEB-6E228F068CD1.html?mod=e2tw

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Energy costs could hamper future growth

The economy grew modestly to moderately in late winter. However, increasing energy costs are a source of future growth concern, Reuters reports. The Fed Beige Book report relays fears that rising gas prices could put a damper on discretionary spending in coming months.

To read more click here: http://www.reuters.com/article/2012/04/11/us-usa-economy-idUSBRE83A18020120411

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Death and taxes intersect on April 15

Bloomberg is reporting that not only are death and taxes inevitable, but they also go hand-in-hand. It would seem that fatal traffic accidents go up 6 percent the week of April 15 – compared to both the week before and the week after.

Increased stress and alcohol use as well as a lack of sleep are partially to blame, according to research from the American Medical Association. Read the full story here: http://www.bloomberg.com/news/2012-04-10/death-and-taxes-collide-as-fatal-crashes-mount-on-irs-filing-day.html

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Graduation plans

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Posts by Co-Publishers Beth Bily and Ron Brochu; reporter/researcher Nikky Farmakes

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