by | Nov 29, 2010 | Towing
When it comes to economic jargon there may be no more aggravating or seemingly contradictory phrase than “jobless recovery.” What good is a recovery if it doesn’t put people back to work? DailyFinance explains this oxymoronic state of affairs. [Video]
Continue reading Street Smart: What the Heck Is a Jobless Recovery? [Video]
Street Smart: What the Heck Is a Jobless Recovery? [Video] originally appeared on DailyFinance on Mon, 29 Nov 2010 12:50:00.
Filed Under: Economy, UPS, Careers, Video, Ask an Expert, Streetwise
by | Nov 24, 2010 | Towing
Growth in industrial production eased in October, as durable goods orders unexpectedly fell 3.3%.
It was the largest decline in orders since January 2009.
Continue reading Orders for Durable Goods Tumble as Bu…
by | Nov 23, 2010 | Towing
Stocks fell sharply Tuesday as investors fled riskier assets following an exchange of artillery fire between North and South Korea. Better news on U.S. economic growth was no match for the new worries, on top of Euro-jitters.
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by | Nov 23, 2010 | Towing
In its latest meeting minutes, the Fed said it now expects the U.S. economy to grow more weakly in both 2010 and 2011, with as many as six years needed to return unemployment to normal levels of 5% to 6%.
Conti…
by | Nov 23, 2010 | Towing
The U.S. economy grew at a better-than-expected 2.5% rate in the third quarter, the U.S. Commerce Department announced Tuesday, in its second estimate for the quarter. Higher exports, investment, and increased consumer spending quickened the pace of co…