ThinkstockThe U.S. Bureau of Labor Statistics (BLS) released data Monday on the unemployment rates in the 50 states and District of Columbia. The numbers changed very little in January, the period for the current…
squirrel83, via Wikimedia CommonsThe Federal Reserve Bank of New York is out with its March 2014 Empire State Manufacturing Survey. Monday’s report signaled that business conditions continued to improve for New York manufacturers, but…
ThinkstockThe People’s Bank of China on Saturday expanded the trading band on the price it fixes for renminbi. Beginning Monday, the currency trading band is being doubled, from 1% to 2% on either side…
ThinkstockThe Mega Millions jackpot is now up to $400 million as an estimated annuity value. And if you just want the cash, that estimated cash value is projected to be over $200 million. No…
It seems nearly unimaginable to actually win the lottery. Now there is something even larger than Friday night's $353 million Power Ball lottery. There is an NCAA $1 billion prize for whoever can pick…
ThinkstockWhile lots of polls show that many middle-class and lower-class Americans believe the recession has not ended financially, the number of millionaires in the U.S. climbed close to record levels in 2013, reaching a…
ThinkstockThe population drain in Detroit likely has not reached a bottom. The Census put the figure at just above 701,000 in 2012 (USA Today put the number lower at 684,799). That is down from…
ThinkstockThe National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for February dropped a substantial 2.7 points from 94.3 in January to come in at 91.4. February’s figure…
ThinkstockThe amount of global debt swelled to more than $100 trillion last year, according to the Swiss-based Bank for International Settlements (BIS), as governments borrowed to lift their economies out of recession and corporations…
ThinkstockChina remains the world’s fastest growing large economy. Even if its GDP improvement has slowed, the leadership of the People’s Republic still expects gross domestic product to rise 7.5% this year. With that improvement…
ThinkstockWhen Chinese officials reported late Friday that the country’s exports had fallen 18.1% in February, the news came on top of another event that was perhaps even more nerve-rattling. The country had experienced its…
ThinkstockMany experts have pressed the theory that “normal” unemployment rates in a healthy economy should sit around 5%. As the jobs reports for the first part of this year are issued by the federal…
ThinkstockThe Federal Reserve has released its year-end reading of household net worth, as well as domestic nonfinancial debt, for 2013. The good news is that this is a record high. The bad news is…
ThinkstockIt looks like the market is going to have to brace for yet another lackluster payrolls and unemployment report on Friday. Wednesday’s economic reports showed weak readings from the ADP payrolls report and also…
ThinkstockThe number of people with $30 million or more in assets increased to 167,000 people worldwide last year. The count of ultra-wealth individuals rose by 5,000 last year. Even in a relatively weak global…