The biggest question many investors have about President Obama’s compromise tax cut deal is how it will benefit the economy. But so far, there is little agreement on Wall Street about what the stimulative effects of the deal wi…
Interest rates are the price of money, and though that price is near zero right now, the cost of low interest rates to our nation may be too high. Low rates are squeezing savers, seniors, banks and pension funds, and the benefi…
Initial jobless claims fell more than expected last week.
Claims dropped 17,000 to 421,000 in the week ending Dec. 4, the Department of Labor said. The revised figure for the previous week was 438,000.
A survey of analysts by Reuters forecast claims…
The tax cut compromise between Obama and the GOP is now being touted as a back-door stimulus plan, one that some economists predict will create or save 3.1 million jobs. Unfortunately, the model on which those forecasts are bas…
The outlook for the U.S. job market has improved, with more employers planning to take on new staff in the first quarter of 2011 and fewer planning cuts, according to a survey by staffing agency Manpower (MAN).
U.S. hiring plans are improved from thr…