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In fact, fewer Americans have money invested in the stock market now than a decade ago, according to Gallup. -- a business way of saying eliminating tens of thousands of people's jobs. The U.S. has almost recovered the jobs lost in the Great
In Part 1 , a plan was proposed that will put many of the long-term unemployed back to work...The focal point of it is for the Federal Reserve Bank to make available to member banks very inexpensive money on the condition that this money be used for
inched further into record territory today, breaching 16,740 points...Confusing manufacturing data The broad movements higher were dampened by the Institute for Supply Management's manufacturing report, released this morning. The ISM index measures
PhilippinesThe weaker-than-expected Philippine gross domestic product (GDP) growth of 5.7 percent in the first quarter was not bad but nonetheless a wake-up call given growth constraints and other risks that loomed in the horizon, economists said.
Early in the week, stocks are likely to be influenced by news out of the nation's largest car and truck manufacturers, as they begin rolling out sales figures for the month of May. The big question is whether they'll be able to continue their
May inflation data, which would provide clues as to when the Bangko Sentral ng Pilipinas (BSP) would start raising local interest rates. The local currency closed at P43.76 per dollar on Friday, a 14-centavo gain from its finish the previous day.
After seven years of financial crisis and rampant inflation, Argentina has reached an agreement with its international creditors. Finance Minister Axel Kicillof met on Wednesday with the Paris Club, an informal group of economic officials from 19
But home values in Jefferson and Weld counties reached new highs, two of seven counties in the U.S. that logged peak median prices in April. Annual home appreciation in Denver dropped to 6 percent in April, the lowest rate since April 2012 and down
The job growth came amid a 0.9 percent first quarter growth rate, and according to the finance ministry provided further proof that the economy was pulling itself out of an economic decline that began in 2008. "It has been a main priority for the
Median home prices in Southwest Florida have rebounded by more than one quarter since the worst of the Great Recession, but even with those gains, area home prices remain below their mid-2000s peak by nearly 50 percent, a new analysis shows. Recent