Economic News
Daily Data Flow: Cyprus Bank Deal Hits U.S. Stocks, Russian Investors, Euro
Investor optimism fell in the aftermath of Cypriot banks reaching a deal, causing U.S. stocks to fall for...
Daily Data Flow: Europe Fears Shrink Stocks; Manufacturers Look to Mexico; Cyprus Crisis Lowers Euro
As Cyprus rejected an unpopular bank levy, fear about Europe's debt crisis managed to increase, sending U.S. stocks...
Eagle Eye Opener: Greek Unemployment Reaches 25%; European Market Hits New High
Greece’s national statistical authority released figures for the fourth quarter of 2012, which revealed that 26 percent of...
Daily Data Flow: Dow on Longest Rally Since 1996; Consumption Going Strong; Dollar Hits Seven-Month High
The still-rising Dow is now on its longest rally since 1996. Today, stocks were boosted by a strong...
Daily Data Flow: S&P Falls Slightly; Gas Prices Falling; Small Businesses Slow to Hire
A day after coming within nine points of its all-time high, the S&P 500 fell 0.2 percent today,...
Eagle Eye Opener: Blackstone CEO Expects Real Estate and Auto Recovery; Greece Needs to Cut 150,000 Government Workers; Pharmaceuticals Become Target for Tax Revenue
Stephen Schwarzman, chairman and CEO of Blackstone Group (BX), divulged yesterday on CNBC’s “Squawk on the Street” that...
Daily Data Flow: Employment Growth Boosts Stocks; Italy’s Rating Cut after Election; Dollar Rises against Yen, Euro
Stocks rose again today, this time on the back of data showing forecast-beating jobs growth and an unexpected...
Take What the Fed Gives You
Did you hear that the Dow Jones Industrial Average just hit a new all-time high? Of course you...
Eagle Eye Opener: Markets Rise around the World; U.S. Unemployment Rate Expected to Have Dipped a Bit in February; U.S. Retirees Lose Ground
Aside from an occasional straggler, you won’t see too many red numbers for global indexes today.
Daily Data Flow: Dow Keeps Climbing; Consumer Borrowing at Record High; Euro Rebounds on Bank President’s Comments
Today the Dow Jones Industrial Average again extended its record high, due in part to data showing that...