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New claims for US unemployment benefits fell more than expected last week, partly erasing the increases of the prior three weeks, Labor Department data released Thursday showed.
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While hope springs eternal that the US housing sector 'record-inventory-compression and foreclosure-stuffed' 'recovery' will become self-sustaining, there are two rather disappointing 'facts' to ruin the 'fiction' that all is well.
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US stocks pushed to new record levels after a government report pointed to lower-than-expected jobless claims.
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In 2012 alone, money raised for crowdfunding projects grew 81 percent.
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Several major companies issued a joint call Wednesday for the United States to enact legislation to battle climate change, saying that the issue was critical to their businesses.
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President Barack Obama rolled out a $3.78 trillion budget Wednesday, angering Republicans with a call for higher taxes on the rich while worrying liberals by countenancing cuts to retirement benefits.
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S stocks powered to new record highs Wednesday after Federal Reserve meeting minutes suggested the Fed’s easy-money policies would remain in place for a while longer.
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The Consumerist says yes. We say otherwise.
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It shouldn't surprise. It's already policy. Market analyst Graham Summers explained. Depositor theft is coming. Europe is banker occupied territory. So is America.
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Back in late 2010, there was much hope that as a result of the unfolding robosigning "Linda Green" scandal
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Marc Faber, author of his famous Gloom, Boom and Doom Report sees a lot of surprises for investors this year, none of which are positive. Tax increases, rampant spending and geopolitical tensions will negatively impact the economy.
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Arizona is poised to follow Utah, which authorized bullion for currency in 2011. Similar bills are advancing in Kansas, South Carolina and other states.
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Creditors of bankrupt San Bernardino, including America's biggest pension fund and Wall Street bondholders, are due to meet in court in a case bogged down in arguments over the Southern California city's disclosure of financial records.
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Tough economic times make for tough political times for any president, and that’s increasingly true for President Obama.
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US newspapers saw revenues fall two percent in 2012, an industry association said Monday, suggesting an easing of the woes of the beleaguered sector.
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Federal Reserve Chairman Ben Bernanke said Monday that the US economy still has far to go to recover to an acceptable state of health.
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2.9030 Up 0.04(1.40%)
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A term coined in 1985 by an unnamed staffer of the Reagan administration was “Starve the Beast”.
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TreasuryYield30Years (^TYX)
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Nothing much happened on Wall Street yesterday. The Dow rose 56 points. Gold was flat.
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In 1981, David A. Stockman, a former Michigan congressman turned budget director for President Ronald Reagan, gave a series of interviews to socialist William Greider who subsequently published an article in The Atlantic.
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With cities cutting their police to balance budgets, some well-to-do neighborhoods are hiring private security, marking an expansion of unarmed guards beyond office parks and gated communities.
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The releveraging deleveraging continues.
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If the economy is getting better, then why does poverty in America continue to grow so rapidly? Yes, the stock market has been hitting all-time highs recently, but also the number of Americans living in poverty has now reached a level not seen since
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People Not In Labor Force Soar By 663,000 To 90 Million, Labor Force Participation Rate At 1979 Levels
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It's jobs day in America.
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“It’s been condoned [now] by the IMF, the European union, and everybody else in sight; that a government in need, can take assets. We all knew they could tax us…but this is the first time that I’m aware of, that they’ve gone in and taken bank account
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Tesla just dropped the barrier to entry for Model S ownership with a leasing program that will let those who don’t have a broker on speed dial get behind the wheel of the all-electric sports sedan.
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Envisioning cars that can go “coast to coast without using a drop of oil,” President Barack Obama on March 15 urged Congress to authorize another $2 billion over the next decade to expand research into weaning automobiles off gasoline.
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Dear readers ask about gold. Is it time to sell? To buy? To forget about it?
