Economy
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ChartFor the first time in almost a year, it appears that unemployment has begun to improve. October jobless numbers could…
The news this morning is dominated by European bailout news, but we have a “recession watch” figure today. This morning…
Armies of economists have begun to increase their estimates of third-quarter GDP and employment levels. That is a mistake. They…
Social Security recipients, 55 million strong, will get a 3.6% cost of living increase next year. There has not been…
The Martin Luther King, Jr., memorial was dedicated in Washington about the time that the Occupy Wall Street movement grew…
Challenger, Gray said planned layoffs announced in September were up more than 200% from a year earlier to 115,000. That…
ChartMore Americans have trouble providing food to their families than the Chinese do. That is extraordinary news because the U.S.…
The principle but opposed beliefs about austerity are 1) that budget cuts balance national books and 2) that they kill…
The economic “recovery” in the U.S. has not helped the income of most Americans. That seems counterintuitive. A recession is…
Chart Consumer spending moved down fairly sharply in September. It is not just a sign of slowing. If a new…
People who think investment bankers make too much money have converged on Wall St. to protest that executives there earn…
The Institute for Supply Management showed an above-red reading this morning in the manufacturing sector. This month’s ISM Manufacturing reading…
The Obama administration has suggested the U.S. sell $22 billion in “unwanted” assets over the next decade to raise money.…
Ben Bernanke and friends at the FOMC gave their decision on interest rates today. As you would expect, there was…
Several economists have described the past 10 years of the U.S. economy as a “lost decade” for the middle and…
Our top personal finance-related articles today. Your wallet will thank you later.