Small Business Turns Against A Recovery
A new survey by The US Chamber of Commerce shows that small businesses do not believe an economic recovery is under way. The data is important because, by most measures, firms with under 500…
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Newest first · Page 359All The Things Bernanke Did Not Say
Journalists who cover Congress usually believe that they are smarter than the public servants. Politicians think most journalists are biased dolts. Each group has now had a chance to publicly interview Ben Bernanke and…
FOMC ‘Rates Steady’ Statement, Almost Admits Slower Growth & Slower Recovery
Ben Bernanke and the FOMC have decided to keep rates at roughly zero-percent all over again. The good news here is that we are seeing more hints that the end of QE2, quantitative easing, will…
Does S&P Action On US Debt Pressure Congress?
Congress and the Administration may finally be under the outside pressure to deal with the budget deficit that has not been bought upon them by voter sentiment, economist comments, or concerns from the Federal…
The Twitter-24/7 Wall St. Market Report (4/1/2011) US Jobs
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Which State Will Get Lower Taxes To Get Amazon And Caterpillar Business?
Amazon.com (NASDAQ: AMZN) is so upset by the prospect that it must collect state sales taxes on items it sells that it will desert its operations in Dallas because Texas sent it a bill…
Fed Member–End QE2, Maybe
Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia, would like the central bank to get out of the QE2 business as soon as possible. He offers a number of…
Americans Begin To Admit Social Security Trouble
Americans continue to protest cuts in Social Security as a means to bring down the national deficit. It appears that some expect payments to be lower. A new Gallup polls shows that retired people…
The Fed Tells Americans How Poor They Were
The Federal Reserve issued one of the wonderfully detailed reports that only government agencies can create that tells Americans the extent of their poverty. The only weakness of the report is that the most…
As Detroit Dies, Solutions Disappear
The Bureau of the Census said Detroit lost 26% of its population over the last decade. That brought the number of people within its borders to 713,777. The New York Times pointed out that…
What Does France Do About Nuclear Power?
France gets almost 80% of its electricity from nuclear power. It is also the world’s largest net exporter of electric power with Italy, the UK, Belgium, and Germany as its largest customers. While Japan…
FOMC Rate Hike: Not Yet, Not Any Time Soon
As you might have guessed ahead of time, Ben Bernanke and the FOMC decided to leave the target Fed Funds Rate unchanged at the 0.00% to 0.25% that has been in place for what…
Japan Quake, Middle East, Oil, Unemployment: The Relentless Rise Of US Stock Markets
US stock markets may continue to make an assault on their all-time highs as the year goes along. The DJIA trades at 12,000 not so far from its 2007 peak of 14,000. A number…
Unemployment Rose Recently
Unemployment is rising. Or, it may not be. New applications for jobless claims fell 20,000 from last week to 368,000. That is the lowest level in three years. A new Gallup poll which tracks…
Greeks Say “I Don’t Pay”
CNBC points out that polls in Greece show an increase in an “I Don’t Pay” movement. Greek citizens cannot do much anytime soon about government expenditure cuts. They may eventually vote out the ruling…