WASHINGTON - Federal Reserve Chairman Ben Bernanke on Wednesday publicly raised the prospect of a U.S. recession for the first time since the current slowdown began last year. But he also signaled that "much" of the needed economic and financial market adjustment has already taken place and that conditions should improve later this year, suggesting
CUPERTINO, Ca. - About half of them are under 30 years old, 15 percent of them are students, and they now have bigger mobile phone bills. Who are they? iPhone users, according to a recent online survey conducted by research firm Rubicon Consulting. Rubicon conducted the survey of 460 iPhone users in the U.S. last
LANSING - Michigan's ongoing economic troubles have led to a slight increase in the overall federal spending in the state, according to a report released by the Senate Fiscal Agency, but the state is still at the bottom of the list in terms of federal spending. The Citizens Research Council argued in its own report
LANSING - Within the next two years, Michigan will need additional data center capacity. Several universities are looking at building new data centers as are several counties. Department of Information Technology Director Ken Theis wants to build one data center and share resources. Theis' department was built on the idea of bringing the computer and
CUPERTINO, Ca. ? A new 3G feature available in iPhone this quarter or next along with a lower price could mean Apple iPhone sales could top 45 million in 2009, up from an estimated 12 million this year, one analyst has predicted. Yes, that's more than a bit optimistic, CNET News.Com reported. The analyst who
LAS VEGAS - There's almost as many people buying smartphones as there are people buying laptops, and that trend is about to turn the computing industry on its head. "We do see that gravitational pull of the single-use device being played out in the market," said Nigel Clifford, CEO of Symbian, during the opening presentations
LANSING - Michigan's outstanding, award-winning small businesses will be honored April 24 at the Lansing Center as the state's major business organizations and agencies collaborate for the fourth annual Michigan Celebrates Small Business event. The cooperative effort, which names the Michigan 50 Companies to Watch, Innovation of the Year and many other awards, will be
LANSING ? Michigan Fiscal year 2007-08 supplemental budgets for both school financing and the overall general fund budget passed the Senate unanimously on Thursday, the last day the Senate would be in session for two weeks. Changes made by the Senate to both HB 5344 and HB 5531 mean the bills will have to clear
LANSING - In the last hours before it left for a two-week break, the Michigan Senate quickly moved a series of tax credits that supporters said would help the state's real estate market and boost the economy - by suspending the application of the pop-up tax when houses are sold and increasing property tax credits.
LANSING - Nearly a third of small businesses have considered dropping their employee health plans in the past year and 6 percent have, according to a survey released Wednesday by the Michigan Business and Professional Association. The survey of MBPA members said 28 percent had considered dropping coverage and 38.9 percent had changed coverage to