by | Nov 10, 2010 | Towing
If stocks are rising, that should mean the economy is improving. Yet even though the S&P 500 has soared 80% from its March 2009 lows, 70% of Americans don’t believe the recession is over. Which side has a firmer grasp of realit…
by | Nov 10, 2010 | Towing
America’s labor market got more good news with word of a 24,000 drop, to 435,000, in weekly jobless claims. A Bloomberg survey had expected a total of 450,000. In perhaps better news, the four-week moving average sank another 1…
by | Nov 9, 2010 | Towing
The world economy is poised for more of the same in 2011: booming growth in China, India and Brazil, and a sluggish crawl in much of the rest of the developed world. Here are the five most important factors driving sluggish eco…
by | Nov 9, 2010 | Towing
Sarah Palin, former governor of Alaska, commented on the Federal Reserve’s plan to buy $600 billion of long-term assets, saying that Fed Chairman Ben Bernanke should “cease and desist.”
“We shouldn’t be playing around with inflation,” Palin said in re…
by | Nov 8, 2010 | Towing
Come the end of November, some 2 million jobless workers won’t be able to rely on their unemployment check unless Congress again extends the aid. But with the GOP regaining the House, the odds of that extension just got a lot l…