The dollar grew in strength against the euro for the sixth consecutive week after the Fed announced an increase in the discount rate last Thursday.  The euro, valued at $1.3618 on Wednesday evening, decreased to $1.3544 after the Fed’s Thursday announcement.
The Fed’s decision to raise the rate it charges banks for emergency loans from .50 [...]

Late last year, Dubai caused shock waves across world markets when the corporate face of the emirate requested that it be granted the ability to forgo six months of interest payments.  This request resulted in a drop in the Dow Jones Industrial Average by 150 points on November 30th.  The crisis was averted, but in [...]

A new study recently released stated that 51 percent of full time positions were filled by internal hires or promotions in 2009 alone.  This number, up from 39 percent in 2008 and 34 percent in 2007, shows how many companies are now adopting a different hiring strategy than in past years.  For the other 49 [...]

Graduating from Carroll School of Management is a great resume-builder for BC undergrads heading into the workforce. However, as BC students and other undergrads nationwide consider what to do post-graduation, many contemplate putting off the job hunt in favor of obtaining their Masters in Business Administration.  Is there a benefit to obtaining an MBA first? [...]

For many college freshmen, keeping up with classes and assignments is challenging enough. But for Brooks Dyroff, a member of the Boston College class of 2013 and the men’s ice hockey team, life gets a little more complicated. Co-founder of CEO 4 Teens, a non-profit organization established to “create educational opportunities for less fortunate teenagers [...]

A year ago Alex Scull and John Bellamente organized their first group ski trip up to Canada, appropriately named Snowjam.
Snowjam ’10 took place the last weekend of January, bringing a congregation of snowbound BC students that was double the size of last year’s group.
Once word spread of a ski-by-day, party-all-night trip across the border, it [...]

The Troubled Asset Relief Program, commonly known as “TARP,” has been on the forefront of financial news reports since it was passed more than a year ago. Just last week, the program received another hit to its already diminished reputation.
Washington first created the 700 billion dollar relief program in order to stabilize the financial system [...]

Over the past almost thirty years, Boston College’s Investment Club has managed to amass $270,000 through their investments in the stock market. How exactly has this group of students accomplished such success? An interview with James Cullen, CSOM senior and vice president of the club, and Kevin Kelly, A&S sophomore, provided me with more financial [...]

Earlier this month, after more than four months of delay, Cadbury accepted Kraft Food’s takeover. The new conglomeration will be among the largest food makers, generating an estimated fifty billion dollars of revenue a year. It is projected that the combined company will capture roughly fifteen percent of the market for confectioneries, tying with US-based [...]

Experts are uncertain as to the immediate future of retail sales during the coming weeks of December.