Economic News
Jobs Increase May Not Be Enough for Fed to Begin Tapering; 10-Year Treasury Notes Break Through 3%; Brent Crude Set for Longest Rising Streak in Months
This morning’s U.S. jobs report showed a slight drop in the unemployment rate to 7.3%, dipping slightly from...
Jobs Data Anticipation Boosts Stocks; Gold at Two-Week Low; Dollar Rises on European Central Bank Comments
Stocks rose today in advance of tomorrow's release of jobs data. As a result, benchmark indices achieved their...
Japanese Market to Lose 10%?; Mortgage Applications up at the End of August; LinkedIn’s Secondary Offering Seeking $1 Billion
Despite all of the positive notes struck by Japanese Prime Minister Shinzo Abe’s economic reforms, nearly two-thirds of...
U.S. Stocks Rise as Data Diminishes Fear; Dollar Hits Six-Week High; Manufacturing Sector Resurgent
Reports from around the world looked good: Chinese, US, and European manufacturing are all on the upswing in...
Solid Economic Data Pulls up Stocks and the Dollar; Dollar Rises with Positive U.S. News; Oil Falls Back as Investors’ Syrian Fears Relax
Both European and U.S. stocks rose today, following a more-positive-than-expected revision of second quarter gross domestic product (GDP)...
Stocks Rise on Energy Rally; Dollar Rallies ahead of Syrian Conflict; The 5% Recovery: Rebounding from Recession?
Stocks soared today, causing the S&P 500 to bounce back from its eight-week low. Energy shares surged as...
The Great Recession Five Years Later; United States is on Course to Hit Budget Limits in October; U.S. Auto Industry Trailing the Herd
Lehman Brothers, Holdings, Inc., seemed to spur government policies aimed at stimulating the economy after the company filed...
Stocks Fall on Kerry’s Syria Comments; Student Loans Impacting Parents; Dollar Beats Yen, Euro Despite Disappointing Data
Stocks dropped today, with the S&P 500 erasing gains made earlier in the day, after Secretary of State...
Stocks Rise as Investors Continue to Speculate on Tapering; Housing Decline Lowers Dollar; Improving China Data Boosts Gold
As of Friday afternoon, stocks were on pace to finish in the black, building on the previous day's...
German Domestic Demand Powers Q2 Growth; American Dream Slipping into Nightmare; East Asian Markets Mixed after Fed’s Whiff on Tapering Start Date
German domestic purchases in the second quarter were the strongest in a year, lending credence to the idea...