Economy - Page 2

March Small Business Optimism Stalls on Weak Outlook for Economic Growth

The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index ticked up from 101.7 in February to 101.8 in March. Last August the index ...
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The Gun Control Laws That Are Most Likely to Work Are Not About Banning Weapons, Study Says

Gun control is more than banning certain types of weapons. State and local laws affecting who can purchase and carry firearms may, in fact, be more effective than banning the ...
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20% Of Russians Want To Leave Russia

Russia is vast, the largest country in the world by land mass. And, it is also one of the world's largest nations by population, with almost 150 million people. It ...
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One of Florida’s Most Famous Places Is Also America’s Poorest City

There’s an old saying that “Geography is destiny.” Access to resources and other environmental factors can affect the success or failure of a community. It’s hard not to consider this ...
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This Area in America Is Richer Than Dubai

According to the U.S. Census Bureau, 42 metropolitan areas around the country boast a median household income of $70,000 or more -- sometimes tens of thousands more. These are America’s ...
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Most of the People in This Country Go Hungry

“I’m starving,” people blithely say when it’s been five or six hours since their last burger or plate of pasta. For much of the world, that phrase has a much ...
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Citi Buys Over $6 Billion in UK ‘Bad Bank Loans’ From Financial Crisis Era

Most of the outstanding bad loans and problem mortgages from the financial crisis era have matured, been wiped out or been purchased over the past decade. The Great Recession was ...
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US Manufacturing Stays Even Stronger Than China’s Gains for March

The financial markets were cheering news that China's manufacturing report in March had shown an unexpected recovery and expansion, along with higher employment conditions there adding a further a boost. ...
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China’s Manufacturing Gains Also Brings Gains in Employment Numbers

Is China's rapid economic slowdown already back to recovering? A new report showed that its manufacturing activity unexpectedly expanded in March to the fastest growth in eight months. It always ...
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Key China Economic Figure Improves, but Does Nation Lie About Its Numbers?

China's National Bureau of Statistics reported that its purchasing manufacturers index (PMI) rose to 50.5 in March from 49.2 in February. Any number under 50 signals a contraction, so the ...
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Only 4.5% of Applicants Got Into Harvard, the Lowest Level Ever

Where does a scandal like the one that has thrown the nation's focus onto college admission start? Almost certainly, when families see how nearly impossible it is to get into ...
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‘Increasingly Dangerous’ Temperatures, 62 Million People Affected

Record high ocean temperatures; rising sea levels; ocean acidification; shrinking sea ice, ice sheets and glaciers; and rising levels of atmospheric carbon dioxide — these are the leading indicators of ...
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March Consumer Sentiment Index Tops Consensus

The final University of Michigan Consumer Sentiment Index for March increased month over month from a February reading of 97.8 to March's level of 98.4. When the preliminary March index ...
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Q4 GDP Weaker Than Original Projections

The U.S. Department of Commerce has released an updated view on fourth-quarter gross domestic product (GDP). As expected, the biggest measurement of economic growth was revised down to 2.2% from ...
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Job Cuts Hit Warner, JPMorgan, Ford, Nomura All at Once

There was a plague of firings across some of the world's largest companies. While not related, they are an ominous sign of restructuring among corporations bent on cutting costs due ...
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