Is Government Economic Data Useless?
Well, if you are looking for accurate numbers to base long(er) term investment decisions on, then yes they are. If you are just trading for the day then it really doesn’t...
Consumer Sentiment Index Shows Unexpected Decline in February
According to the preliminary Reuters/University of Michigan Consumer Sentiment Survey, consumer sentiment in February showed an unexpected decline disappointing expectations. Analysts expected to see a reading of 76.0 for the...
Jobless Claims Press Release
The U.S. Department of Labor has indicated that jobless claims decreased last week, providing yet another positive indication for the state of the economy. According to the jobless claims report,...
Jobless Claims Picture Improves in January
The Department of Labor released jobless claims for the week ending January 28th. The employment situation for the country is improving.
US Manufacturing Makes Gains in January
The Institute for Supply Management’s Manufacturing Index report shows that US manufacturing is strong and will continue to be strong.
Consumer Confidence Index Declines in the New Year
The January Consumer Confidence Index was 61.1, a decrease after two months of increases.
Job Seekers Find Positive News in January Jobless Claims Report
The Department of Labor announced the latest jobless claims for last week. The data are right on track for the economic recovery.
Consumer Sentiment Index Press Release
The consumer sentiment index is now at 76.0, making it higher than the rate that it was at one year ago.
U.S. GDP Edges Up in Fourth Quarter
The U.S. Department of Commerce recently released figures that show that the U.S. GDP increased in the fourth quarter of 2011.
Federal Reserve to Keep Low Interest Rates Until 2014
According to the Federal Reserve, despite a sluggish global economy, the U.S. economy has expanded at a moderate pace.
What Cordray Didn’t Say: The First Steps of the Consumer Financial Protection Bureau
Richard Cordray, Director of the Consumer Financial Protection Bureau, used his first public speech to explain how the Bureau will function.
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Most Recent
Home Prices Increase Again in October
The S&P Case/Shiller Index shows that home prices increased by 0.7% in October, a gain that was larger than analyst expectations.
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Even Santa Can’t Solve the Fiscal Cliff Problem
The lawmakers couldn't reach a deal to avoid the fiscal cliff problem before Chritsmas and may not even reconvene before the New Year.
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Fiscal Cliff Overshadows Gains in Personal Income
Normally when growth in personal income is upbeat and beats expectations the news creates a "buzz" on Wall Street and across the financial world--and less the United States...
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How Will Tax Rates Change If the Bush Tax Cuts Expire?
And if the Democratic and Republican parties cannot reach an agreement by December 31, 2012, we’ll wave goodbye to the Bush tax cuts which have given households a tax break...
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How Fiscal Cliff Inertia Affects All of Us
the Internal Revenue Service has already warned Congress that if they do not resolve the fiscal cliff crisis by December 31 as many as 100 million taxpayers will be unable to file...
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Fiscal Cliff Talks Stall as Parties Blame at Each Other
With the year-end deadline racing like a freight train there seems to be no light at the end of the tunnel for bipartisan talks to solve the fiscal cliff crisis.
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