Economic News
Daily Data Flow: U.S. Stocks Lifted by Forecasts for Jobs and Service Sector; Hewlett-Packard Shareholders Suffer Paper Losses; Pimco’s Bill Gross Calls United States Debt Addict
U.S. stocks rose, sending the Standard & Poor’s 500 Index higher for a third day, as better-than-forecast growth...
The Global Guru: Three Surprising Truths behind Today’s Economic Headlines
1. The "Great Recession" in the United States Was Worse Than You Thought According to original estimates, U.S. gross...
PowerTrend Brief: Manufacturing, Jobs and the Presidential Debate in Focus This Week
Last week closed the books on the third quarter from both corporate and investor perspectives. In the last...
Daily Data Flow: Killing of U.S. Envoy Triggers Need to Boost Diplomatic Security; U.S. Stocks Rise as German Court Allows European Bailout Plan; Wholesale Inventories Climb
U.S. Envoy Killed in Libya (Marketwatch) Rioters angered by the release of a film they considered insulting to...
Daily Data Flow: New iPhone Could Boost U.S. GDP; Watch for Higher Long-Term Yields
New iPhone could boost U.S. GDP by up to 0.5 percent, JP Morgan says (Reuters) Sales of the new...
The Global Guru: “U.S.A.! U.S.A!” — We’re #7!?
After the United States regained its title as the top medal-winning country in the London Olympics of 2012,...
PowerTrend Brief: Disappointing August Job Creation Means Waiting for the Fed
Last week the S&P 500 rose 2.75%, bringing the year-to-date return to more than 14%. The vast majority...
PowerTrend Brief: When Bad News Means “Good News”
There are many types of bad news in the world around us. They include accidents, the loss of...
PowerTrend Brief: Back to School Spending Boom or Bust?
With the lackluster July employment report behind us, we are firmly into August, and the temporarily slower pace...
Making Money Alert: Climbing up Mt. Worry
The term “climbing a wall of worry” is an oft-abused cliché on Wall Street. But like most clichés,...