Trey Thoelcke - Editor for 24/7 Wall St.
Lastest Stories by Trey Thoelcke
After reporting a strong PMI figure for China, Markit posted slightly positive numbers for the United Kingdom, a sign that its austerity, unemployment and lack of demand for goods and services from...
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European Central Bank President Mario Draghi told media outlet Europe 1: “We have not yet emerged from the crisis. The recovery for most of the euro zone will certainly begin in the second half of...
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The new Brookings Institution Global MetroMonitor shows that only three of 300 U.S. metropolitan areas have recovered to prerecession levels. The research also showed the rise of emerging economies...
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Eurostat reports that unemployment in the euro area has risen again: The euro area (EA17) seasonally-adjusted unemployment rate was 11.7% in October 2012, up from 11.6% in September. The EU271...
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Germany’s unemployment rose again and now has been up for eight consecutive months. Once again, evidence points to Germany’s inability to isolate itself from the European recession. Germany has...
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Unemployment benefits have cost the federal and state governments $520 billion over the past five years, another indication that the cost to create jobs may be less than to sustain incomes for those...
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At least one very large nation has managed to keep its credit rating at current levels. S&P released a report that affirmed the AA- long-term and A-1+ short-term sovereign credit ratings on the...
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courtesy of Hewlett-PackardAutonomy founder Mike Lynch has decided again to attack the Hewlett-Packard Co. (NYSE: HPQ) accusation that his big data company cooked its books before the U.S. public...
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ThinkstockOnce again, the Treasury Department has elected not to label China as a currency manipulator. Many economists and politicians believe that action is absurd because the People’s Republic...
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ThinkstockCostco Wholesale Corp. (NASDAQ: COST) became the most recent company to pay out a special dividend to help its investors keep more money if taxes go up at the start of next year. Many large...
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ThinkstockThe Organisation for Economic Co-operation and Development (OECD) issued its new Economic Outlook, and most of its forecasts were based on rising pessimism. That cannot come as a surprise....
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courtesy of MicrosoftIn a bit of good news for Microsoft Corp. (NASDAQ: MSFT), one of the world’s top authorities on software claims that Windows 8 sales have exceeded those of earlier OS Vista...
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courtesy of ZyngaThe stock prices of both Facebook Inc. (NASDAQ: FB) and the game company Zynga (NASDAQ: ZNGA), which has relied on Facebook traffic, have risen in lock-step over the past five days....
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ThinkstockDiscussions of how to bail out of Greece have turned rapidly to what kind of write-off investors may have to take on Greek debt as the International Monetary Fund and European Union prepare...
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Wikimedia CommonsResearch firm Comscore announced two pieces of data. The first is that Black Friday e-commerce sales rose about $1 billion for the first time ever — to $1.042 billion. The other...
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