Economy - Page 2

Crumbling Greek flag with euro

Greece Makes Itself Relevant Again, at Least for a Couple of Weeks

Greece is making itself temporarily relevant yet one more time. Greece’s Prime Minister, Antonis Samaras, has called for a presidential election to be moved up to next week rather than ...
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The College President That Earned Over $7 Million

According to the Chronicle of Higher Education, one private college president earned over $7 million in 2012. And 36 earned more than $1 million in the same year. The Chronicle's ...
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Castle Image Ireland

Loving the PIIGS: Ireland and Bank of Ireland Raised by S&P

With 10-year bond yields under 2% for much of the eurozone, and with inflation sliding into deflation, it is impossible to not notice when the ratings agencies actually upgrade a ...
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Total Blowout on Labor Department Payrolls Report

The U.S. Department of Labor released the November Employment Situation report Friday morning. This report comes on the heels of a positive ISM manufacturing report and positive ADP and TrimTabs ...
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Euro

Mario Draghi Loosely Outlines ECB Quantitative Easing for 2015

The European Central Bank (ECB) has decided to follow the Bank of England by not cutting interest rates. Still, ECB President Mario Draghi has talked up the scenario for additional ...
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What to Expect From European Central Bank and Draghi on Quantitative Easing

Thursday is expected to bring word of expanded economic stimulus at the European Central Bank (ECB) meeting, with the likely timing being early 2015. Mario Draghi has already gone as ...
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jobs

Very Different Payroll Gains From ADP and TrimTabs Ahead of Unemployment

This Friday's unemployment and payrolls report for November will be widely watched by economists, investors and business owners very closely. ADP and TrimTabs try to pinpoint their projections ahead of ...
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board room

CEOs Getting More Cautious About Growth in 2015

The Business Roundtable has released its fourth-quarter 2014 CEO Economic Outlook Index, which is effectively a more muted expectation for what CEOs are thinking they should expect in 2015. CEOs ...
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NY Fed Dudley Talks Rate Hike Timing and Actual Benefit on Lower Oil

William C. Dudley, President and Chief Executive Officer of the Federal Reserve Bank of New York, has made some comments regarding the timing of when interest rates would likely rise. ...
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What to Expect From the Labor Department Unemployment Report on Friday

The U.S. Department of Labor will release the Employment Situation report for the month of November this coming Friday morning. This report comes on the heels of a positive ISM ...
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Moody’s Downgrades Japan as Its Economy Moves Toward Recession

Whether or not it is by economists' measures, Japan has slipped into a recession. The Bank of Japan's effort to stimulate the economy has largely failed. Because of these problems, ...
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German flag

German PMI Contracts: Worry About Recession?

Germany is the largest nation by gross domestic product (GDP) in Europe, and its economic engine is in deep trouble financially. The carefully watched Markit purchasing managers index (PMI) report ...
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Youth Unemployment Falls To 43% In Italy

Based on both youth and total unemployment, Italy looks like Spain and Greece did during the depths of the recession. Italy's overall unemployment number was a record low 13.2% last ...
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electronics

Consumer Sentiment Upbeat on Job, Income Expectations

The Thomson Reuters/University of Michigan Consumer Sentiment Index rose from a final October reading of 86.9 to a final November reading of 88.8, down from the preliminary November reading of ...
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Weekly Jobless Claims Come Over the Top of Estimates

The U.S. Department of Labor released the weekly jobless claims report Wednesday as the markets will be closed Thursday for Thanksgiving. The new jobless claims came in at 313,000, well ...
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