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…
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…
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…
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.
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…
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…
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%…
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…
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 —…
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…
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…
ThinkstockThe global economy will expand at 3.7% this year, the International Monetary Fund (IMF) forecast in its latest World Economic Outlook, released Tuesday. That is up from a 3.6% forecast back in October. The…
ThinkstockHeading into the Super Bowl, here is a rundown of the NFL’s 10 most expensive games of the year. Super Bowl XLVIII is obviously slated to be the single most expensive football game of…
ThinkstockShares in China had a rough start to the week as the Shanghai Composite Index fell below 2,000 Monday for the first time in almost six months. New data showed that factory output and…
ThinkstockIf the global economic recovery has left some things behind, the most important is probably job creation. In 2013, 202 million people were unemployed worldwide, up five million from 2012. It is hard to…