Fewer Small Business Start-Ups Mean Fewer Jobs
Filed under: Economic Data, Entrepreneurs, Small Business, RecessionFewer business start-ups are being launched, reports the the Wall Street Journal. The Labor Department said that the number of companies with at least one employee fell by 100,000, or ...
Bernanke: Inflation Too Low and Economic Growth Too Slow
Filed under: Market Matters, Federal Reserve, RecessionU.S. Federal Reserve Chairman Ben Bernanke gave his reasons for more quantitative easing, dubbed QE2, in a speech at the Federal Reserve Bank of Boston, and reported in the Wall Street Journal.
The...
Crude Oil Inventories Unexpectedly Rise
Filed under: Economic Data, OilThis morning, the Energy Department reported a surprise increase in oil inventories, leading crude futures lower thus far. The Energy Information Administration (EIA) reported that crude oil stockpiles increased 3.1 milli...
IMF: Global Financial System Hinders Economic Recovery
Filed under: Economic Data, Financial CrisisAccording to the International Monetary Fund (IMF), the global financial system may be the biggest hindrance to a worldwide economic recovery. The IMF used its global financial stability report to make this a...
Factory Orders Decline in August
Filed under: Bad News, Economic DataThe market is roughly a hundred points lower as we head into the final hours of trading, with many factors combining to push investors to the bearish side.
One the mitigating factors is today's data on U.S. factory ...
Philly Fed President: How Will QE2 Ease Unemployment?
Filed under: Market Matters, Economic Data, Federal Reserve, RecessionThere is growing debate over whether another round of quantitative easing (QE2) will ease unemployment.
In an interview with the Financial Times, Philadelphia Fed President Charles P...
Comfort Zone Investing: Why the Next Rally Could Be a Monster
Filed under: Google (GOOG), Microsoft (MSFT), Intel (INTC), International Business Machines (IBM), Comfort Zone Investing, HousingWhile the stock market has moved up nicely in the last three months, it's hardly moved stocks above reasonable valuations....
Does American Petroleum Institute Data Mean Economy Is Improving?
Filed under: Economic Data, Commodities, OilEarly Wednesday morning, the American Petroleum Institute (API) reported that crude inventories dropped 2.4 million barrels during the past week. According to Platt's, inventories were expected to increase by...
Home Prices Increase in July, but Consumer Confidence Slips
Filed under: Economic Data, HousingAccording to the Standard & Poor's/Case-Shiller 20-city home price index, home prices increased during July, marking the fourth-straight month. During July, the home price index increased 0.6% compared to June and...
Philly Fed Survey Declines for Second-Straight Month
Filed under: Bad News, Economic Data, Federal ReserveLittle bit of bad news coming out of Philadelphia, and it has nothing to do with Eagles' quarterback Kevin Kolb's concussion. The Federal Reserve Bank of Philadelphia announced that its manufacturing...
Fed’s New York Factory Gauge Falls in September
Filed under: Before the Bell, Bad News, Economic DataWhile many want to believe that the economy is turning around, the New York Federal Reserve Bank did little to convince the doubters. During September, the Empire State Index dropped to 4.1 from Augu...
Buffett Says the Economy Is Hunky-Dory
Filed under: Forecasts, Berkshire Hathaway (BRK.A), RecessionWarren Buffett's Berkshire Hathaway (BRK.A) has holdings that span many industries, like health care, consumer goods, energy, insurance, real estate, rail and so on. Because of this, he has a...
