America’s Fastest Growing (and Shrinking) Economies
ThinkstockIt’s been a slow recovery, but according to a recent report, U.S. economic growth is expected to pick up in the coming years. The nation’s economy grew by 1.9% in 2013. This year, the…
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Newest first · Page 38Europe Unemployment 12%, Above 25% in Greece and Spain
ThinkstockThe seasonally adjusted unemployment rate in the 17-nation eurozone was 12.0% in December, according to Eurostat, the statistical office of the European Union. The rate has been stable since October, and it is barely…
Wyoming Most Conservative State, D.C. Most Liberal
ThinkstockThe most conservative Americans live in the Plains States and the South, which probably comes as no surprise. And the liberals tend to live in the Northeast and on the West Coast, not surprising…
GDP Growth May Be Better Than the 3.2% Report Looks
ThinkstockThe Commerce Department’s report on gross domestic product (GDP) has been released for the fourth quarter of 2013. The headline shows growth of 3.2%, which met the Dow Jones estimate of 3.2% and surpassed…
People Move Back to Cities With High Unemployment
ThinkstockAmong the cities that people are moving to in extraordinary numbers are ones that had terribly high unemployment during the recession. Perhaps the economies in these cities have improved markedly. Perhaps many people in…
China Manufacturing Sinks to Six-Month Low: Happy New Year
Chinese manufacturing is in retreat for the first time in six months, according to HSBC. The purchasing managers' index, which tracks manufacturing activity in workshops and factories, fell from a December reading of to…
Bernanke and Yellen Taper Again: A New Chairman Is in Town
courtesy of the Federal ReserveThe January 29 FOMC meeting was the last meeting to be under Fed Chairman Ben Bernanke. Janet Yellen will be the new Federal Reserve Chairman going forward. The markets had…
Harvard Endowment Reaches $32 Billion
America's colleges and universities have the equivalent of the richest 10%, just as the population does. At the top of that elite group are Harvard, Yale, Princeton, MIT and others.
North Dakota Jobless Rate at 2.6%
ThinkstockThe unemployment rate in the United States was 6.7% in December. In North Dakota, it was 2.6%. The low number is a testament to what having a very low population, and a jobs market…
Consumer Confidence Starts 2014 With Handy Gains
ThinkstockThe Conference Board has released its Consumer Confidence Index for January. The good news for the economy is that it is far better than the horrific durable goods report from the Commerce Department earlier…
Durable Goods So Weak They Changed the Name to Dismal Goods
ThinkstockTuesday’s top economic report was the durable goods report for December, and unfortunately it is a very ugly number. The headline durable goods report from the Commerce Department was negative and down by 4.3%…
McDonald’s Worker to Attend State of the Union Address
A worker at a Los Angeles McDonald's outlet will attend President Obama's State of the Union Tuesday evening as the guest of California Representative Linda Sanchez. The White House has indicated that income inequality…
States With the Most (and Least) Government Benefits
thinkstockPoliticians Marco Rubio and Paul Ryan recently introduced a plan to fight poverty by transferring more responsibility to the states. While the federal government offers various assistance programs to U.S. residents in need —…
74% Believe U.S. Still in Recession
ThinkstockSeventy-four percent of Americans believe that the nation is still in a recession, which may be a sign that the lower and middle classes are still anxious about unemployment, the value of their homes…
Spain Unemployment Above 26%
ThinkstockSpain’s statistics bureau, the INE, reported that unemployment was 26.02% for the fourth quarter of 2013. The figure is a terrible reminder that some nations within the European Union may have recovered from the…