Even at 7%, U.S. Unemployment Much Too High, Far From Normal 5%
No matter how much cheer there is in an unemployment rate of less than 7%, the figure remains much worse than its needs to be for a complete economic recovery.
No matter how much cheer there is in an unemployment rate of less than 7%, the figure remains much worse than its needs to be for a complete economic recovery.
At a time when federal lawmakers are debating issues like unemployment benefits, food stamps and the minimum wage, as well as considering an overhaul of the tax code, there are now more millionaires in…
At the current rate of decline, the number PC shipments could fall well below 300 million, a sum that would have been unimaginable just two years ago. No combination of price and new, extraordinary…
Jim Henderson, via Wikimedia CommonsSears Holdings Corporation (NASDAQ: SHLD) needs to seriously decide what its future will bring. Nothing seems to work, and the guidance it issued after the close of trading on Thursday…
ThinkstockAlcoa Inc. (NYSE: AA) had been volatile ahead of earnings, hitting a 52-week high just before the report. Now we have the earnings report, and it will be interesting to see if the market…
Frank Golhen, via Wikimedia CommonsStocks were mixed on Thursday, with the S&P 500 and the Dow fighting between positive and negative territory. As the Dow was hardly changed, 24/7 Wall St. decided to focus…
ThinkstockTo say that Plug Power Inc. (NASDAQ: PLUG) has been on a screaming run might be a bit of an understatement. The problem is that not all good things last forever, and sometimes when…
courtesy of TwitterTwitter, Inc. (NYSE: TWTR) is lower after a negative research call from Wall Street, although the micro-blogging website is not being downgraded per say. The call is worse than a downgrade. Cowen…
If a prediction from Moody's Investors Service turns out to be true, gold and silver are going to have a bad year. Moody's reduced its forward views for the average prices of gold and…
Shares of major airlines hit new 52-week highs Thursday in the wake of reports of strong traffic in December. That was good news for the companies after several days of storms and record cold…
Bed Bath & Beyond is finally getting the dose of reality that should have been seen in 2013. Analysts have chimed in to the downside after the disappointing earnings report.
A new Merrill Lynch report offers 10 reasons that banks can keep outperforming the broad market in 2014. The firm went as far as to say that it sees its top picks in bank…
The Internet analysts at Merrill Lynch expect mobile usage to grow more than 50% in 2014, with much of this incremental to the sector. The mobile uplift may start to wane in 2015, but…
Disney has bought a major growth vehicle in Star Wars, which should translate into billions of dollars of growth in the next generation. Disney dominates in movies now that its acquisitions of Pixar and…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Thursday, January 8, 2014.