Economics

Analysis: Chinese Economic Data Indicates Weakest Start to Year Since 2009

March 10, 2013

“Production increased 9.9 percent in the first two months and retail sales rose 12.3 percent, government data showed March 9, trailing economists’ estimates.”

Read the full article →

U.S. Securities and Exchange Commission Approves Required Routine Testing of Computer Trading Systems

March 9, 2013

“The Securities and Exchange Commission voted 4-0 to seek comment on rules that would require routine testing of trading systems. The exchanges would also be required to notify the SEC about a problem, including a system compromised by hacking.”

Read the full article →

Greenland Prime Minister Threatens European Union to Block Preliminary Mineral Resources Deal

March 9, 2013

“To the dismay of many European politicians, China has been eyeing investments in the former Cold War ally of the West, which include iron, zinc and rare earth minerals.”

Read the full article →

U.S. Consumer Debt Increases $16.2 Billion in January

March 9, 2013

“Consumers barely increased credit card debt in January, when Social Security taxes rose and lowered take-home pay for most workers. A measure of credit card debt grew only $106.1 million after a $3.2 billion drop in December.”

Read the full article →

February 2013 Jobs Report: U.S. Economy Adds 236,000 Jobs; Unemployment Rate Falls to 7.7%

March 9, 2013

“Many economists like JJ Kinahan, chief derivatives strategist of TDAmeritrade, expected around 171,000 jobs would be added. Economists expected the jobless rate to drop back to the 7.8 percent it was in September.”

Read the full article →

Stocks: Dow Jones Industrial Average Closes at All-Time High For Fourth Consecutive Day

March 9, 2013

“Shortly after the close, the Dow was sitting at 14,397.07, up 67.58 or 0.47%. The blue-chip index traded as high as 14,413.17 but couldn’t hold on.”

Read the full article →

China Posts Unexpected Trade Surplus in February

March 9, 2013

“February’s exports were 21.8% higher than a year earlier, when the Lunar New Year fell in January, while imports were 15.2% lower than the year-earlier month.”

Read the full article →

Federal Reserve: 18 Largest U.S. Banks Strongest Since Financial Crisis Began in 2008

March 7, 2013

“Under the stress tests’ most severe scenario, the United States would undergo a recession in which unemployment would reach nearly 12 percent, stocks would lose half their value and home prices would plunge 20 percent.”

Read the full article →

Federal Reserve’s Stress Tests: Ally Financial Only Bank That Would Have Losses

March 7, 2013

“Government-owned Ally Financial was the only bank that fell below a generally accepted regulatory capital standard based on initial Federal Reserve stress test results released Thursday seeking to find out if 18 of the largest financial institutions can withstand a deep recession.”

Read the full article →

ADP National Employment Report: 198,000 Jobs Added in February

March 7, 2013

“The BLS data on February’s employment and unemployment figures are due Friday at 8:30 a.m. ET.”

Read the full article →

U.S. Stocks: Dow Jones Industrial Average Closes Even Higher, Setting New All-Time High

March 6, 2013

“In other trading, the Standard & Poor’s 500 index rose 1.67 points, or 0.1 percent, to 1,541.46. The Nasdaq slipped 1.77, less than 0.1 percent, to 3,222.36.”

Read the full article →

U.S. Stocks: Dow Jones Industrial Average Closes At All-Time High of 14,254

March 5, 2013

“The Dow Jones Industrial Average climbed 126 points, or 0.89%, to 14254, the S&P 500 gained 14.6 points, or 0.96%, to 1540 and the Nasdaq Composite rose 42.1 points, or 1.3%, to 3224.”

Read the full article →

Analysis: Sequester Affects Large Cities and Military Communities More Than Suburban and Urban Areas

March 4, 2013

“The disparity in some ways mirrors the nation’s electoral divide between Democrats and Republicans.”

Read the full article →

Student Loans: The Next Great Big Bubble to Pop

March 4, 2013

“But while investors are piling into student loans, borrowers are falling behind on their payments at a faster clip. According to a Thursday report by the Federal Reserve Bank of New York, 31% of people paying back student loans were at least 90 days late at the end of the fourth quarter, up from 24% in the fourth quarter of 2008.”

Read the full article →

Federal Reserve’s Asset Purchases Will Lose Government Hundreds of Billions of Dollars if Interest Rates Abruptly Rise

February 26, 2013

“MSCI puts the Fed’s mark-to-market loss at less than half that, or $216 billion, if the economy performs in line with consensus forecasts of gradually rising growth, inflation and interest rates.”

Read the full article →
Page 1 of 7712345...102030...Last »