The International Labor Organization reports today that global unemployment increased roughly 2.5% from 2012 to 2013, and there are now 202 million individuals out of work. Closer to home, the Department…
There were only 1.4 million foreclosure filings in 2013, down 26% from 2012, according to RealtyTrac. This is the lowest number since the housing crisis began in 2007. In the much-watched labor market,…
About that "breather" I mentioned yesterday... Quarterly Earnings reports are starting to come in from some of the DOW heavy hitters and they are better than expected--some for the first time…
Don't be fooled by the Unemployment Rate dropping to 6.7%; 347,000 more workers are NOT officially "unemployed" today merely because they have exited the workforce "permanently". This is a result of retirement…
Winter weather got you feeling down in the dumps? Here are 16 scientifically proven ways to boost your happiness, graphed be effectiveness and effort required. I think that I am…
The ADP Employment Report (which I still don’t really have a lot of confidence in) reported this morning that there were 238,000 new jobs created last month. Economists polled anticipated…
The US Senate confirmed Janet Yellen yesterday as the first woman Chair of the Federal Reserve. Like her predecessor, Ms. Yellen has committed to keep interest rates low for as…
With another short work week and quiet economic reporting, we turn to the prognosticators for a brief outlook of the year ahead. One of my favorites is Standard & Poors. …
Initial Jobless Claims reported at 339K, and the Service Managers Index reported at 57.0. Both of these were more or less in line with expectations and not much different from…
Last day of the year! Make sure that you pay your state taxes and tie up any loose ends to avoid trouble on Thursday. Interest rates are holding their own…
The last few days of the year are upon us. Wall Street is all but vacant again this week, unlike my house which is full of over-sugared children already claiming…
There is continued upward pressure on interest rates as we wind up 2013. Rates have been at 50 year lows for the last 18 months, helping Stocks to have one…
I am just here long enough to wrap up a couple of things before Christmas. I would also like to pay homage to the 100th anniversary of the Federal Reserve…