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Posts related to ‘Economy’

Whose Earnings Will Be Worse? Dell vs. H-P (DELL, HPQ, AAPL, INTC, AMD, MSFT)

This week is going to be an earnings bonanza for investors who care about makers of personal computers.  While Apple Inc. (NASDAQ: AAPL) is all of the rage, we have ...
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JPMorgan to Suspend $15 Billion Share Buyback Program

Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE: JPM) told an investor’s conference this morning that the bank would suspend its share buyback program as the company pays down ...
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NABE Outlook Survey Improves

The latest NABE Outlook Survey shows improved expecations for the economy. The data is based on the consensus of macroeconomic forecasts from a panel of 54 professional forecasters and covers ...
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State-by-state Unemployment Rates Don’t Change Much in April

The three states with the highest unemployment rates in April were Nevada (11.7%), Rhode Island (11.2%), and California (10.9%). The three states with the lowest rates were North Dakota (3%), ...
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Gallup Sees Unemployment Down Slightly in May

According to its latest survey, Gallup reports that the unadjusteUS unemployment rate fell from 8.3% in April to 8.2% in mid-May. The research firm’ mid-month survey on unemployment has tracked ...
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Philly Fed & Leading Indicators Show More Risk Of Slowdown

The woes of Europe and the slowing of growth in the BRIC nations is starting to show up more and more in the economic numbers being reported and this will ...
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No Unemployment Help From Weekly Jobless Claims

The U.S. Labor Department has reported that weekly jobless claims came in unchanged from the prior week at 370,000.  The prior week's reading was revised from a preliminary report of ...
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St. Louis Fed President Bullard Wants to Keep Genie of Inflation in the Bottle

In a presentation today, St. Louis Federal Reserve Bank President James Bullard that further monetary actions by the Fed’s FOMC had been placed on “pause” as a result of the ...
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Debt Weighs on A Third of Small Business Owners

More than a third of small business owners say that their debt burden is either “somewhat” or “very” uncomfortable in the latest Wells Fargo/Gallup small business survey. Of the rest, ...
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April Housing Starts Kept Lower By Northeast & West Regions

The Commerce Department has reported that Housing Starts for the month of April are up by 2.6% to 717,000 on an annualized basis.  The gains seem high, but the Dow ...
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Can Greek Banks Survive A Euro Exit? Which PIIGS Are Next?

The Europeans need to make a decision soon.  It is time to deal with Greece, then the markets can decide how they will deal with the Greek banking system.  The ...
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Business Execs Say US Economic Outlook Brighter

A survey of 240 CEOs and CFOs by accounting and consulting firm PricewaterhouseCoopers indicates that a majority of US corporate executives believe the economy will improve in the next 12 ...
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April CPI: Inflation Fears Fade

The Labor Department is out with its reading on inflation for the month of April.  The Consumer Price Index was effectively flat and in-line with the Dow Jones target of ...
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A Call For Jamie Dimon To Resign

J.P. Morgan Chase & Co. (NYSE: JPM) has done some severe damage to its image as the best risk manager of the large banks, and this damage may easily carry ...
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Dallas Fed President Repeats Call for Smaller Banks (JPM)

At a speech to a group of Texas bankers, Dallas Federal Reserve President Richard Fisher was asked to comment on the news of the $2 billion trading loss reported by ...
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