by | Jan 4, 2011 | Towing
The U.S. economy has strengthened, but not enough for the government to pare down its bond-buying program, according to the latest Fed minutes. In late 2010, investments rose and the job market improved — but the housing marke…
by | Dec 10, 2010 | Towing
The deficit grew to a higher-than-expected $150.4 billion in November as government spending increased for the month. But November brought some bright spots as well: Federal revenue also grew at a higher rate in November, which…
by | Dec 4, 2010 | Towing
The dismal November jobs report has commentators pointing derisively to a “jobless recovery.” But investors shouldn’t overreact: Employers have historically held off on hiring when the stock market has been volatile.
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by | Dec 4, 2010 | Towing
Light crude oil prices have been climbing in the last few days, closing the week at $88.94 per barrel on the NYMEX. If prices climb high enough, it could damage the still-weak economy by raising the costs of gasoline, jet fuel …
by | Dec 2, 2010 | Towing
When it comes to predicting the U.S. economy, who has the best crystal ball? Lou Crandall, chief economist at economic advisory firm Wrightson ICAP, according to Bloomberg Markets magazine’s new list of top analysts released Th…