Economic News
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...
Daily Data Flow: Dow Extends Record High; Fed: Government in Way of Recovery; Euro Slips against Dollar
Today, a report showing a jobs increase and positive comments from the Federal Reserve on the economy contributed...
Daily Data Flow: Good Data Boosts Stocks; Sequestration not Hitting Market… yet; U.S. Factories Growing Well
Today, more data came in better than expectations, this time concerning consumer confidence and manufacturing. These countered losses...
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...