Economy Adds 227,000 Jobs In Feb, Unemployment At 8.3%, Service Sector Leads...
Washington, D.C.-Employers added 227,000 jobs in February, the highest amount since the recession began. The hiring was broad based in many sectors like manufacturing, mining, professional services and...
View ArticleClik here to view.
Spain's Credit Downgraded Again, In Second Recession, "Huge Crisis" Says Jose...
The Euro-zone is facing yet another credit crisis as Spain's credit was downgraded by Standard and Poor's, this time by 2 levels. Spanish Foreign Minister Jose Manuel Garcia-Margallo said, "The figures...
View ArticlePersonal Income Up For February and March, Consumer Spending Still Growing...
Washington, D.C. -According to the US Commerce Department, personal incomes grew by .3% in February and .4% in March which the Treasury Department says supports other figures showing the economy is...
View ArticleClik here to view.
Florida and California Prove They're Still Ideal States As Both Added More...
The popular magnet states of Florida and California lived up to their reputations for the place to move to, both added more residents than any other state in the nation. California added 251,000 from...
View ArticleClik here to view.
Oil Prices Continue To Drop; Below $90 Per barrel; Oil Supplies Reach Highest...
New York City -The price of a barrel of oil continues to decline, trading below $90 on Thursday, as the US oil supply hits 900,000, and is expected to grow another 750,000 according to oil analyst. The...
View ArticleEU Countries Told To Prepare Plans For Greece To Exit; France To Demand...
On Monday, the 17 nations of the Eurozone were told during a meeting to "prepare a contingency plan, individually, for the potential consequences of a Greek exit from the euro," while European stock...
View ArticleClik here to view.
Unemployment Rises to 8.2% As More People Resume Their Job Hunt; Employers...
Washington, D.C. -The nations unemployment rate rose to 8.2% from 8.1% as more people who had given up looking for work re-start their efforts to find a job. Hiring also dropped, economist had expected...
View ArticleClik here to view.
German And EU Officials Looking For Ways To Rescue Spain's Banks From...
German and European Union officials have begun exploring ways to rescue Spain's crippled banking industry from its overburdening debts, though Spain itself has not directly asked for help as it tries...
View ArticleClik here to view.
Worker Productivity Down; Employers Likely To Add More Jobs
The US Labor Department has released it's final report for the first quarter of 2012 and said employee productivity was down 0.9% despite overall growth of 1.9%. Most economist say this is a strong...
View ArticleClik here to view.
Spain Requesting $100 Billion Euro Bailout This Weekend Say E.U. Finance...
[UPDATE: 6-10-12: 10:20am] Spain has requested up to $125 billion euros to bail out its ailing banking industry. Investors across Europe were relieved at the bailout request in which many feared...
View ArticleClik here to view.
E.U. Finance Ministers Consider Harsh Protection Measurers If Greece Decides...
European finance ministers are considering strict and shocking measures to take if Greece decides to leave the Euro-zone. Among some of the ideas being seriously considered are limiting the size of...
View ArticleClik here to view.
Bank Of America Agrees To Pay $2.43 Billion Related To Class Action Suit In...
Charlotte, NC -Bank of American, BofA, has agreed to pay $2.43 billion to settle a class action lawsuit related to its takeover of Merrill Lynch during the financial crisis that sparked the last...
View ArticleEurope Going Back Into Recession, France Says It Will By The End Of 2012
European leaders are fearing another recession for the continent as France's central back says it will likely slide back into recession by the end of 2012.The Bank of France said that it expected...
View ArticleChina Announces 10.7% Increase In Defense Spending Amid Slow Economy
As China prepares to receive a new premier and change in leadership, it has announced a 10.7% increase in defense spending while forecasting a 7.5% economic growth rate.China has been increasing its...
View ArticleClik here to view.
Florida's Unemployment Rate Drops To 7.1%, Lowest Since Sept 2008
Tallahassee, Fla. -Florida's unemployment rate continues to drop, now at 7.1% in May, which is the lowest its been since September of 2008 at the start of the last recession and below the national...
View ArticleAmerica's Largest Banks Earned A Record $42 Billion In Second Quarter of 2013
New York City -In a new report by the FDIC, the nation's largest banks earned a record $42.2 billion in the second quarter of this year, April through June, an increase of 23% over the same period last...
View Article
