Another good week for the U.S. economy: Initial jobless claims fell below the key 400,000 level, and the consumer sentiment index rose to its highest point in eight months, indicating that Americans are increasingly confident t…
Less than two years after they exited bankruptcy, Chrysler Group and General Motors will soon distribute bonuses to salaried employees in recognition of their efforts to help revive the once-flagging Detroit automakers. The pay…
The climbing yield on the 10-year Treasury note — now 3.70%, a nine-month high — can mean bad things for economic growth and stock prices. But not yet, if market guru Jeffrey Kleintop is right. He says the 10-year Treasury ne…
Mortgage rates on 30-year fixed loans moved above 5% this week, according to a Freddie Mac report, up from 4.81% last week, reaching the highest level since April 2010. The home market is already up against a number of challenges — and now mortgage ra…
While much of the attention has focused on Mubarak’s dictatorship, most Americans don’t realize that — before the recent political turmoil — he’d actually been winning international kudos for his handling of the economy.
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