WASHINGTON - Federal Reserve Chairman Ben Bernanke told Congress Tuesday that the economy should pull out of a recession and start growing again later this year.
But in prepared testimony to Congress' Joint Economic Committee, Bernanke warned that even after a recovery gets under way, economic activity is likely to be subpar. That means businesses will stay cautious about hiring, driving up the nation's unemployment rate and causing "further sizable job losses" in the coming months, he said.
ATLANTA - Toombs County, famous as the center of Georgia's Vidalia onion country, is about to get a new industry.
Chicken of the Sea International announced on Monday it plans to open a tuna canning plant in Lyons, investing $20 million and creating 200 jobs.
Nominations are now being accepted in the search for America's oldest worker. Sponsored by nonprofit Experience Works, the nation's largest training and employment organization for older workers, the search is part of a national effort to raise awareness about the contributions older individuals make in today's workplace and to break down barriers often associated with their employment.
Federal stimulus dollars - to the tune of $1.4 million - will take 500 young people from the couch to the work force this summer.
Maria Fergosa, neighborhood watch coordinator for the Pine Ridge subdivision, and Hinesville Police Department Officer John Williams present a plaque to Cici's Pizza store manager Shawn Schulte on March 27 to thank the restaurant for sponsoring the Hinesville Neighborhood Watch Organization. Cici's provided refreshments for meetings, social functions and other events.
SAVANNAH – On Saturday, April 25, more than 180 local Comcast employees, along with their families and friends, volunteered to improve the Headstart programs in Savannah and Hinesville as part of Comcast's eighth annual "Comcast Cares Day." At the same time across the country, more than 50,000 Comcast volunteers participated in this annual day of service, which is one of the largest single days of corporate volunteer efforts in the country. Comcast Cares Day is one way that Comcast helps to power dreams and demonstrate a year-round commitment to making a difference in the communities it serves.
Mike Reed, general manager of NeSmith Chevrolet on Highway 84 East in Hinesville, recently announced General Motors' new Total Confidence Program, which provides consumers with product protection, family protection, vehicle value protection and payment protection with each new car purchased through April 30.
Interstate Credit Union, headquartered in Jesup, will open its newest office in Midway, on East Oglethorpe Highway, today. The new office, across from the Midway post office, was built by Howe Construction of Atlanta and is a full-service branch offering checking accounts, savings accounts, personal loans and home mortgage loans.
Governmental heads in Liberty County will be deciding in the next couple months whether to allow the state's largest landowner to develop inside county lines.
Standing in a window of the newest hotdog stand in town, Chow Hound's owner Marrianne Rudy asks a customer if he would like some homemade beans or slaw to go with his dog.
Local job opportunities were a hot topic during the NAACP's State of the Community forum last week when audience members questioned minority representation.
CHARLOTTE, N.C. - Bank of America Corp. posted strong first-quarter earnings Monday as higher revenue from the purchase of Merrill Lynch & Co. helped offset a surge in credit costs. Wall Street, concerned about banks' continuing loan problems, looked past Bank of America's profit and fell sharply.
Bank of America's results surpassed analysts' expectations. But like other banking companies, it is still stuggling with fallout from the recession, taking a hefty $13.4 billion provision for credit losses.
Waltrich Plastic Corp. is a family owned and operated company that has found a winning formula to foster families in the workplace, and giving back to the community.
Savannah Christian Church will host two employment workshops, offering free practical advice for jobseekers.
With a building permit on the way, construction in the Hinesville Professional Center, across Highway 196 from Liberty Regional Medical Center is starting.
SAVANNAH - Enmark recently announced a branding change to "enmarket."
Bill Gates, who is still the richest man in the world according to Forbes, is a big fan of college.
Upwards of 80 percent of Americans could restrict their eating habits to food grown within 50 miles of where they live, according to a new study published by the Sierra Nevada Research Institute at the University of California, which means that if consumers want it, there's more than enough potential to buy food exclusively from local markets.
Glenn Beck recently went on record saying he thinks former Texas Gov. Rick Perry deserves a little credit for ending the Texas drought.
Three "major hotels" are in the works to be built in Richmond Hill, their developer announced Friday.
Local business leaders and officials met again for another Progress Through People Luncheon earlier today. The luncheon featured the State of the County Address. Liberty County Commissioners Chairman Donald Lovette spoke on what makes a community poised for growth. He then shared stories from locals to show that Liberty is on course for growth. The end of Lovette's speech was littered with the refrain, "We can't stop" to express Liberty's need for continual progress.
It's well known that millennials are the most unmarried generation in American history, but a new report by Gallup suggests that tying the knot isn't the only union youngsters are avoiding.
The New York Times recently published an op-ed that offered defaulting on your loans as a viable way of escaping student debt. Pretty much everyone disagrees with that.
If you’re in the mood to get away from it all, $1 might seem more than a fair price to pay for a vacation in a resort destination.