Economy - Page 2

Lawn mower

Americans Are Feeling Better About Their Financial Situation

For the first time since the Great Recession began, more Americans feel like they are better off now than a year ago than those who said they are in worse ...
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Consumer Conundrum: Lower Gas Prices Not Adding to Retail Sales

Plummeting oil prices are supposed to act as a huge pay raise for consumers. After all, less money filling up your car means more to spend elsewhere. Needless to say, ...
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Bad News and Good News on Greek Exit

The January 25 elections in Greece are raising concerns that if the current leader in the political polls wins the election, the country may threaten to leave the euro monetary ...
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global economy

World Bank Slashes Global Growth Forecast

The World Bank claims it sees the future and does not like it, at least economically. The organization cut its forecast for global GDP growth this year to 3%.0. The ...
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Old-fashioned Main Street

Small Business Optimism Posts 8-Year High in December

The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for December rose 2.3 points from 98.1 in November to come in at 100.4. ...
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Women Hold 19% of Board Seats in US

Women hold 19.2% of the board seats at S&P 500 companies in the United States. The number is in the middle of the pack among the world's largest countries, but ...
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The Rich Think the Poor Have It Too Easy

The more money you have the more likely you are to believe that the poorest Americans have it too easy. After all, the poor do not have to do anything ...
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Russia Credit Rating Cut Toward Junk

Oil prices, the first among many things, caused credit rating agency Fitch to cut Russia's rating to "BBB- with a negative outlook." Another cut in the rating, which could well ...
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Unemployment Improves, Yet Labor Force Participation Hits Multiyear Low

The U.S. Department of Labor released the Unemployment Situation Report for the month of December. Overall, there was a solid pace in December, which signaled continued momentum for the labor ...
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Economic Conundrum: Only Slightly More Optimistic CEOs

The Conference Board released its Measure of CEO Confidence for the fourth quarter of 2014. The measure moved up to 60 from 59 in the third quarter. Note that a ...
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Drought image

California Drought Improves, a Little

A look at the drought map for California shows a slight improvement. A small portion of the state has posted an improvement in conditions. The improvement is modest, but it ...
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gas sign

Americans Saved $14 Billion on Gas Last Year

Americans saved $14 billion on gasoline last year compared to 2013, according to the AAA. Most of the savings obviously came in the past few months of the year when ...
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Weekly Jobless Claims Surprise as Year Winds Down

The U.S. Department of Labor released the weekly jobless claims a day early this week due to the New Year holiday. Initial unemployment claims last week were recorded at 298,000, ...
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Damage From Natural Disasters Falls in 2014

In the spring of 2014, weather forecasters predicted that the United States would experience from three to six hurricanes in this year’s June through November hurricane season, out of a ...
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Dallas Fed Shows Low Oil Not Hurting Texas Manufacturing

The fears about falling oil prices have been the focus of conversations around the country. While many states and cities are happy to see lower gasoline prices at the pump, ...
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