Must Read Money Stories for Monday, March 16

by March 16, 2015


Now Hiring. Forbes took a look at where job seekers are most likely to be hired this spring. Using a survey from the staffing company Manpower, they report that the top cities for finding a job this season are Boise, Idaho, Jacksonville, Grand Rapids and Milwaukee. Manpower conducted the survey by asking employers in different cities across the country if they plan to hire new employees each quarter. In Boise, 32 percent of companies plan on hiring in the second quarter of 2012. In total, Manpower surveyed 18,000 employers across the country.

Back in business. The kosher supermarket in Paris that became a target after the Charlie Hebdo terror attack reopened for business on Sunday, according to The New York Times. The store, Hyper Cacher, has not been open since the attacks in January.

BP pays less after spill. Bloomberg reports that the United States government is fighting a decision by a judge to reduce the penalties British Pretroleum must pay after the 2010 Gulf of Mexico oil spill. The decision came last month when the judge shaved more than $4 billion off the total amount of penalties the company was ordered to pay. The 2010 disaster is the largest offshore oil discharge in the history of the United States.

March means stock madness. The NCAA Men’s basketball tournament is set to begin this week. While basketball fans are excited to cheer on their favorite teams, it might not be the best time for those in the stock market. Market Watch reports that Wall Street could struggle until the tournament is over in early April. Last year, a strong S&P 500 fell 1.5 percent between the tournaments opening games and the finals. The drop matches up with a 2007 study that found different international stock markets fell after a country’s national team suffered a loss.


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