CSBJ Daily

The Associated Press
The Treasury Department said Wednesday it will sell $22 billion in debt at its quarterly auction next week as officials study ways to finance the economic stimulus package, which is expected to boost this year’s deficit by more than $100 billion.
The department said it will auction $13 […]

Vectra Bank Colorado corporate economist Jeff Thredgold said the likelihood of recession is 50 percent, although no one will know whether it’s happened until early next year.
Thredgold’s long-term economic forecast includes the following highlights:

National unemployment will move modestly higher this year before declining during 2009.
Inflation, which has been at its […]

The majority of senior executives and managers expect compensation to their subordinates to increase this year.
More than three-quarters (77 percent) of business leaders expect to increase employee compensation, based on responses to a nationwide survey of 251 senior executives and managers conducted by NFI Research.
More than half cite business conditions (57 percent) […]

The Associated Press
Internet outages disrupted business and personal usage across a wide swath of the Middle East on Wednesday after an undersea cable in the Mediterranean was damaged, government officials and Internet service providers said.
In Cairo, the Ministry of Communications and Information Technology said the cut in the international […]