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...