Economy
Economy Articles
Source: Jon OggThursday brought two economic reports. First was the weekly jobless claims, followed by January retail sales. Oddly enough, weather was not really cited for any weakness. Stocks were...
Published:
Source: Jon OggThe U.S. Treasury released its Budget statement for January 2014 on Wednesday afternoon. The deficit of $10.4 billion was far narrower than the $30.8 billion deficit expected by...
Published:
Chinese officials reported on Wednesday that the country's January exports were more than 10% higher than in January of 2013 and more than 4% higher than in December. But there is some doubt about...
Published:
Last Updated:
Source: ThinkstockDriven by a robust energy industry and a small population, North Dakota was ahead of all other states in terms of employee perceptions of job creation — for the fifth year in a...
Published:
Source: courtesy of the Federal ReserveTuesday will mark the first ever testimony to Congress by new Federal Reserve Chairman Janet Yellen. One of the first things Yellen will address is the...
Published:
The National Federation of Independent Business Tuesday morning reported that its small business optimism index for January barely ticked up. But sales expectations and hiring expectations rose more...
Published:
Last Updated:
Facebook founder and CEO Mark Zuckerberg was the largest charitable giver in the United States last year, donating just shy of $1 billion. A large number of the other largest givers were also from...
Published:
Source: ThinkstockIn its monthly report on food prices, the United Nations’ Food and Agriculture Organization (FAO) reported on Thursday that its food price index fell nearly 3 points from December...
Published:
Last Updated:
Source: ThinkstockA newly released study from the Tax Foundation suggests that the marginal effective tax rate on corporate investment is 35.3%. That makes it the highest marginal effective rate of...
Published:
Source: ThinkstockThe latest monthly Challenger, Gray and Christmas job cuts survey finds layoffs jumped nearly 50% in January, after hitting a 13-year-low in December.U.S.-based employers announced...
Published:
Source: Courtesy Maersk LineThe U.S. Census Bureau and the Bureau of Economic Analysis reported Thursday morning that the U.S. trade deficit for December 2013 totaled $38.7 billion, up from $34.6...
Published:
Last Updated:
Source: Jon OggInvestors have become a bit nervous after a poor January and a rough start to January. Stocks have gone south, and bond yields have come back down from a peak of 3% on the 10-year...
Published:
Source: ThinkstockA drought that has started to plague some portions of central California seems likely to grow, and it may be close to permanent. The sources of the state’s water have become...
Published:
Source: ThinkstockStandard & Poor’s Rating Services has just turned Puerto Rico into the equivalent of on of the PIIGS over credit ratings. Well, maybe Puerto Rico did it with poor finances and S&P...
Published:
The U.S. Congressional Budget Office now estimates that the federal budget deficit in fiscal year 2014 will total less than half the $1.4 trillion federal deficit in 2009. Federal revenues are...
Published:
Last Updated: