Economic News
Daily Data Flow: Bernanke Boosts Stocks; Sequester Meeting Scheduled for after Deadline; January Home Sales Strong
Today, stocks rose one percent, as data showing strong January business spending and new home contracts proved encouraging...
Eagle Eye Opener: JP Morgan Cuts 17,000 Jobs Related to Mortgage Mess; Italy’s Election Causes Uncertainty; Honda Opens New Tokyo Plant
JP Morgan Chase & Co (JPM) is looking to trim about 17,000 jobs from its ledger by the...
Daily Data Flow: Stocks up as Reports Beat Estimates; Sequester Layoffs Could Draw Litigation; Euro Continues Fall after Italy Election
Following the largest drop in benchmark indices in three months, U.S. stocks rose today, thanks to estimate-beating housing...
Daily Data Flow: Stocks Steady as Buffet Buys Heinz; Airline Merger Reduces Flight Options; Discouraging Data Pushes Euro Down
Countering investor concern over the shrinking Japanese and European economies, Warren Buffet's deal for Heinz, as well as...
Eagle Eye Opener: EU Contracts Economically Again; Nestle’s Results Show Economic Resilience of Chocolate; Warren Buffett Spearheads $23 Billion Purchase of Heinz Ketchup
The European Union (EU) took a huge financial hit in Q4 2012, as its largest member, Germany, saw...
Eagle Eye Opener: U.S. Stocks Open Down Due to Economic Reports and Draghi Comments; Greenlight Capital Sues Apple for Hoarding Cash; Amway Notches Record Results
U.S. stocks fell this morning, after a two-day advance in the Standard & Poor’s 500 Index, as investors...
Eagle Daily Investor: U.S. Stocks Dip on European Worries; Investors Should Note Lower-than-Expected Orders to U.S. Factories; Potash Upstart Hurts Pricing Power of Big Rivals
U.S. stocks fell this morning, with the Standard & Poor’s 500 Index declining from a five-year high, as...
Daily Data Flow: Jobs Data Boosts Dow Past 14,000; Auto Sales Strong in January; Euro Beats Dollar and Yen
Manufacturing and jobs data released today pushed U.S. stocks upward, allowing the Dow to jump 148.14 points, 1.1%,...
Eagle Eye Opener: Student Loan Woes Soar; California’s Economy Improves; S&P 500 Posts Best January in 15 Years
The TransUnion credit reporting agency announced the total amount of student loans outstanding is $900 billion and roughly...
Daily Data Flow: U.S. Economy Shrinks; Fed Continues Stimulus;Dollar Hits Low against Euro
From October through December 2012, the U.S. economy experienced its first shrinking since the end of the recession....