Ed Brown, via Wikimedia CommonsThe U.S. Labor Department released its report on weekly jobless claims, and this looks to be the best report in years. Unfortunately, the officials said that the drop appears to…
ThinkstockHowever rich some portion of America has become, there is another slice that cannot afford to buy food. If 1% of people in the United States control an extraordinary amount of the wealth, another…
Wikimedia Creative Commons, JohnnyMrNinjaExpensive coffee and movie rentals are in a different class from daily food intake, home heating fuel and the cost of clothing children for school. It is heartening then that the…
ThinkstockWhich way the future of Greece goes is still up in the air. If you read enough of the financial and political news coming out of and about the European Union and the nations…
ThinkstockAfter sliding in the rankings for four consecutive years, the United States moved up two places in the World Economic Forum’s competitiveness ranking, from seventh last year to fifth in 2013. A combination of…
ThinkstockThe National Federation of Independent Business (NFIB) reported Tuesday morning that its small business optimism index for August came in at 94, essentially flat with July’s reading of 94.1. In May the index reached 94.4, its…
ThinkstockPerhaps the trend to question the value of graduate degrees, which even has spilled over to opinions that some college degrees have no value, has gotten a big boost of support. A new Gallup…
ThinkstockAfter sliding in the rankings for four consecutive years, the United States moved up two places in the World Economic Forum’s competitiveness ranking, from seventh last year to fifth in 2013. A combination of…
ThinkstockThe Federal Reserve reported on Monday afternoon that total outstanding U.S. consumer credit rose 4.4% in July, from a revised estimate of $2.842 trillion in June to $2.852 trillion. A total of $850 billion…
ThinkstockTropical Storm Humberto has formed off the coast of Africa, and the formation is earlier than most storms. This storm is also projected to become a hurricane. The good news for the United States…
ThinkstockEsther George, President of the Federal Reserve Bank of Kansas City, said in a speech Friday in Omaha, Nebraska, that a reduction of the Federal Reserve’s asset purchasing from its current level of $85…
ThinkstockLast year U.S. drivers consumed about 50,000 barrels a day less gasoline than they did in 2011. In the first half of 2013, drivers have cut consumption another 50,000 barrels a day. The primary…
ThinkstockIndia has been in trouble, it currency and financial markets have been roiled and its inflation is among the worst we have measured. It seems as though that all times of trouble have a…
ThinkstockChicago Federal Reserve Bank President Charles Evans said this morning that he expects U.S. GDP growth to surpass 3% in 2014 and that inflation will be “moving back toward” the Fed’s 2% target. But,…
Ed Brown, via Wikimedia CommonsIf you have been watching the jobs data ahead of the unemployment report, chances are high that you would have looked for a decent to good report on Friday. The…