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Tag Archives: economy

ECB Gives Cyprus Funding Deadline as New Plan Sought

*from www.bloomberg.com, Mar. 21, 2013 (To view original article click here.) Take Away #1: Protests erupt outside Parliament as President Nicos Anastasiades maneuvered at home and in Russia to stave off financial collapse. Key Facts and Figures: Cypriot...

Fed Meeting: Bracing for Bernanke Buzzkill

*from www.money.cnn.com, Mar. 19, 2013 (To view original article click here.) Take Away #1: Stocks are rallying, job growth is strengthening, and a housing recovery is well underway, but don’t expect the Fed to back away from its stimulus...

JPMorgan Sees Home Prices Up 14% as BofA Touts Party

*from www.bloomberg.com, Mar. 15, 2013 (To view original article click here.) Take Away #1: Bernanke’s efforts to revive housing are making real estate bulls even more bullish as the two biggest U.S. banks predict an accelerating rebound. Key...

Puerto Rico Beyond IRS Reach Woos Paulson-Sized Fortunes

*from www.bloomberg.com, Mar. 14, 2013 (To view original article click here.) Take Away #1: Puerto Rico allows individuals and companies the chance to elude the IRS. Key Facts and Figures: Puerto Rico is a U.S. Territory but occupies a space...

Americans Deal With Payroll-Tax Boost to Keep Spending

*from www.bloomberg.com, Mar. 11, 2013 (To view original article click here.) Take Away #1: Consumers and businesses are treating higher payroll taxes and federal spending cuts as just a speed bump for a U.S economy poised to accelerate later...

Construction Jobs Soar on Housing Recovery

*from www.money.cnn.com, Mar. 8, 2013 (To view original article click here.) Take Away #1: The recovery in the housing market is driving a turnaround in the labor market as well, especially in construction. Key Facts and Figures: The better-than-expected...

Labor Market Gains Help Brighten Americans’ Outlook

*from www.bloomberg.com, Mar. 7, 2013 (To view original article click here.) Take Away #1: Applications for unemployment benefits in the U.S. unexpectedly declined to a six-week low. Key Facts and Figures: First-time jobless claims fell by...

ADP Says Companies in U.S. Added 198,000 Workers in February

*from www.bloomberg.com, Mar. 6, 2013 (To view original article click here.) Take Away #1: Companies added more workers than projected in February, indicating the U.S. job market will keep expanding this year, according to a private report...