Economy Debate Heats Up as Election Season Kicks Off
Reports indicating a stumbling economy have prompted a whirlwind of talk from Republicans, economists and President Obama on just how to right the economy once and for all. According to Labor...
View ArticleExperts Weigh In On Economy
Just about everyone has an opinion on how to jump start the stagnant U.S. economy, including presidential hopefuls and big business CEOs. While unemployment and the housing market continue to bring...
View ArticleHome Mortgage Debt Declining At Rapid Pace
It appears that low interest rates, refinancing and other government measures aimed at reducing mortgage debt are working. The latest report from the Bureau of Economic Analysis (BEA) finds that total...
View ArticleBin Laden’s Death Could Help Global Economy
Experts are weighing in on whether the death of Osama bin Laden is just what the world needs to boost economic recovery. While some economists see the al Qaeda leader’s death as a game changer for the...
View ArticleU.S. Economy Shows Some Signs Of Healing
For the second month in a row, employment figures in the U.S. rose, while the jobless rate dropped to 8.8 percent, the lowest since March 2009. The latest statistics from the U.S. Department of Labor...
View Article‘It’s The Economy, Stupid’ Rings True Again
Remember the political catch phrase, “It’s the economy, stupid,” used by Bill Clinton during his victorious 1992 presidential campaign against President George H.W. Bush? Well, if results from a recent...
View ArticleWill Japan’s Quake Harm Global Economy?
Although the March 11 earthquake and tsunami in Japan will hurt the country’s already struggling economy, economists are optimistic that the impact to the global economy will be minimal. Japan’s...
View ArticleSlow Economic Growth Expected In 2011
‘It’s not much, but it’s something’ best describes the expected economic growth for 2011. During a recent speech at a global finance conference in New Delhi, India, Terrence Checki, executive vice...
View ArticleNot Everyone Feeling Economic Recovery
The Obama administration says the country is on the road to economic recovery from what is being called one of the worst recessions in decades. But the majority of Americans are not experiencing a...
View ArticleObama Urges Businesses to Grow Economy
President Obama is putting the nation’s economic woes on the backs of businesses, urging them to start hiring in an effort to grow the economy. In a speech to U.S. Chamber of Commerce members, Obama...
View ArticleEconomy Gets Help From Private Equity
The economy is getting a big helping hand from an unexpected source – private equity. This is cash that professional investors receive from hedge funds, pension funds, insurance companies and the like...
View ArticleThe EuroZone Debt Crisis Explained (And Why It’s Not Over Yet)
In 2009, the global economy appeared to be recovering quite nicely from the ’08 Sub-Prime Mortgage Crisis. By March of 2009, the recession seemed to bottom out—equity markets began to rally,...
View ArticleBernanke Confirmed for a Second Term as Fed Chairman
The senate on Thursday confirmed Ben Bernanke for a second term as chairman of the Federal Reserve. The vote came after quite a bit of fuss about “bank bailouts” and one attempted filibuster and...
View ArticleThe Hidden Truth About the Financial News Media
If you watch the financial news channels or read the business section of your local newspaper, you may have noticed something that is important to you as you make financial decisions: nearly all of the...
View ArticleU.S. Retailers to file for bankruptcy protection
U.S. retailers are expected to file for bankruptcy protection after a poorly performing holiday buying season according to the Wall Street Journal This Morning Podcast. Some of the retailers expected...
View ArticleJobs Report: Down 524,000; Unemployment Rate 7.2%
The Labor Department released its monthly jobs report this morning, and number certainly don’t look promising. The good news, however, is nobody thought they would look promising, so it’s no shocker....
View ArticleADP Survey: Nearly 700k Jobs Gone in December 08
According to an ADP report released today, December saw the loss of 693,000 private, non-agricultural jobs in the United States. November saw 476,000 jobs lost. Forecasts saw the numbers to be a bit...
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