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Archive: Economy Subscribe to Economy

Jobless Claims in U.S. Jump to Highest Level in Six Weeks

*from www.bloomberg.com, May 16, 2013 (To view original article click here.) Take Away #1: More Americans than projected filed claims for jobless benefits last week and manufacturing in the Philadelphia region unexpectedly shrank in May, signs...

Housing Bubble Threat Grows

*from www.bloomberg.com, May 16, 2013 (To view original article click here.) Take Away #1: Just a year since the U.S. housing market hit bottom after the biggest plunge in eight decades, signs of excess are re-emerging. Key Facts and Figures: An...

Americans Most Upbeat in Five Years as Firings Slow: Economy

*from www.bloomberg.com, May 9, 2013 (To view original article click here.) Take Away #1: The number of Americans filing claims for jobless benefits unexpectedly dropped last week, signaling employers have enough confidence in the economic...

Americans Most Upbeat in Five Years as Firings Slow: Economy

*from www.bloomberg.com, May 2, 2013 (To view original article click here.) Take Away #1: Consumer sentiment climbed last week to the highest level in more than five years and claims for jobless benefits unexpectedly dropped, indicating the...

Home Prices in 20 U.S. Cities Climb by Most Since May 2006

*from , April 30, 2013 (To view original article click here.) Take Away #1: Residential real-estate prices increased in February by the most since May 2006, showing the U.S. Housing market is strengthening. Key Facts and Figures: The S&P/Case-Shiller index of...

Growth in U.S. Trails Forecasts as Defense Spending Falls

*from www.bloomberg.com, April 26, 2013 (To view original article click here.) Take Away #1: The U.S. economy grew less than forecast in the first quarter as a drop in defense outlays undercut the biggest increase in consumer spending in two...

Sales of New homes in U.S. Climb 1.5% to 417,000 Rate

*from www.bloomberg.com, April 23, 2013 (To view original article click here.) Take Away #1: Sales of new homes advanced in March as near record-low mortgage rates helped the industry complete the strongest quarter since 2008, putting the...

Top 1% Would Pay Two-Thirds of Higher Taxes Under Obama

*from www.bloomberg.com, April 22, 2013 (To view original article click here.) Take Away #1: The top 1% of U.S. taxpayers would pay 67% of higher taxes called for in 2023 under President Barack Obama’s budget proposal. Key Facts and Figures: This...

Gold Climbs in New York on Signs Physical Demand is Rebounding

*from www.bloomberg.com, April 18, 2013 (To view original article click here.) Take Away #1: Gold prices climbed in New York on signs that demand is rebounding among consumers and investors. Key Facts and Figures: Gold futures for June delivery...

Neediest Homebuyers in U.S. Lifted by Japan: Mortgages

*from www.bloomberg.com, April 15, 2013 (To view original article click here.) Take Away #1: U.S. homebuyers are getting an unexpected boost from the Bank of Japan. Key Facts and Figures: Governor Haruhiko Kuroda’s efforts to spark inflation...