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A gauge of the U.S. service sector returned to growth last month, aided by the holiday season's retail sales. The expansion reflected a slowly improving economy — but it was too slight to generate much hiring. Complete Story...
Two state economists say Connecticut's economy will improve little, if at all, in 2010.
A conservative public policy group is warning Colorado lawmakers that big government programs are putting the state's economic future in jeopardy.
A look at economic developments and activity in major stock markets around the world Wednesday:
Middle America's business sector appears optimistic about the region's economy over next six months, despite signs that suggest the economy will see a weak recovery in 2010, according to a survey of business leaders and supply managers in nine Midwest and Plains states released Monday.
The future is murky for Saab, the quirky, well-engineered Swedish brand that's been producing cars since 1949.
If you thought state budgets were in bad shape last year, just wait: 2010 promises to be brutal for lawmakers — many facing re-election — as they scramble to find enough money to keep their states running without raising taxes.
The car industry got a historic makeover in 2009, most of it not for the better.
Japan's Prime Minister, faced with fading support as the country struggles to maintain its fledgling economic recovery, Wednesday outlined a new set of measures to spur growth over the next decade.
The number of buyers who agreed to purchase previously occupied homes fell sharply in November, an indication that sales will fall this winter, undermining last summer's recovery.
Now that the nation’s biggest banks have returned the money the government provided to keep them from collapsing, readers are wondering if those banks needed the money in the first place.
A planned memorial to New Hampshire's state symbol, the Old Man of the Mountain, has fallen on hard times — much as the profile rocks of the Old Man fell off his mountain cliff in Franconia Notch State Park and crumbled to bits in May 2003.
A look at economic developments and activity in major stock markets around the world Thursday:
A look at the decade that was and the decade to come, by industry:
A fitful economic recovery is drawing strength from a stabilizing job market and signs that manufacturing will contribute to the rebound. The evidence signals a better-than-expected end to the year, though doubts remain about growth in 2010.
"Take me out to the ballgame," the old song goes. Americans, however, may have been too busy channel surfing to do that this year.
The housing market is in the midst of a rocky recovery, but it’s too soon to declare an end to the worst real estate slide since the Great Depression.
Treasury Secretary Timothy Geithner says he believes it's reasonable to expect "positive job growth" by spring and that people should have confidence about an improving economic climate.
Don't count on holiday shoppers to fuel the economic recovery.
President Barack Obama says he and the first lady have relatives who are unemployed and suffering because of the economic crisis, but he's confident that 2010 will be a better year for the American people.
The British economy shrank less than previously estimated in the third quarter but the improvement fell short of economists' expectations, casting a shadow of doubt over the country's sluggish recovery.
A weak economy and a cloudy outlook in the financial markets have sent investors flocking to gold. Before you take the plunge with what’s left of your savings, take a closer look at what’s making the metal sparkle.
Wichita State University is slashing the number of layoffs it is forecasting in the region for 2010.
Fed members see high unemployment as key concernFederal Reserve members expressed concern at a policy meeting last month that unemployment would "remain elevated for quite some time," and limit economic growth, minutes released Wednesday showed.
How Big Finance Bought Uncle SamTHIS STORY IS NOT ABOUT THE origins of 2008's financial meltdown. You've probably read more than enough of those already. To make a long story short, it was a perfect storm...
Bernanke: "Easy Money did not Cause the Housing Bubble"In an effort to defend himself against his critics, Fed chairman Ben Bernanke spent over 2 hours at the Annual Meeting of the American Economic Association in Atlanta trying to prove that low interest rates were not the main cause of the housing bubble.
The Latest Fake Financial Holiday Recovery Story. Here's The Real Reason the Economy Improved by 1% over December Last YearDon't expect anyone in Mainstream media to admit to this little embarrassing nugget of truth.
Taylor , NY Times, Dean Baker Call Out Bernanke"All that "expertise" was less than useless. It is amazing how hopeless Bernanke was about housing, about jobs, about the recession, about everything. Bernanke did not get a single thing right."
If the bank is offering you something, it's probably bad for youIn 2009, the Obama Administration got new regulations passed on the banking and credit card sectors that bring to an end business practices that were mainly set up to fleece as much money as possible out of consumers.
BBC News - Afghan aid fails to feed the hungryBy Peter Greste BBC News, Parwan province, Afghanistan It is not hard to see why Alla Gul is upset. Her two-year-old daughter cries weakly in her arms with barely enough energy to eat.
Economic Scene - If the Fed Missed That Bubble, How Will It See a New One? - NYTimes.comWhat if the Fed had more power...
U.S. Manufacturing's Exaggerated Death Politicians, businessmen and labor union spokesmen have whined about the decline in U.S. manufacturing. Let's look at manufacturing. According to Mark Perry's employment data in "Manufacturing's Death Greatly Exaggerated" (http://blog.american.com/?p=8593), U.S.
Diploma for a cat? Evaluating online schoolsRemember Oreo, the cat who made headlines for earning a "high school diploma" online? It's an unnerving tale for people who are out of work and considering spending precious money on retraining. 10 Tips columnist Laura T. Coffey spells out how to evaluate online schools.
MarketWatch Calls Out Fed To Disprove It Is Manipulating Index FuturesIt seems that more and more mainstream publications and individuals are finally making public what has long been the dirty little secret of Ben Bernankes supposed rescue of Wall Street.
Many people know that there are small poker rooms that have popped up around the state of Michigan, in recent history.
US Nobel Laureate Krugman: US dices with economic death by withdrawing stimulus early 2008 Economics Nobel Prize winner Paul Krugman (Princeton University) warning of Roosevelt in 1937: "Will the Fed realise, before it's too late, that the job of fighting the slump is not finished? Will Congress do the same?"
Glenn Beck: Obama Is Intentionally Collapsing Our EconomyGlenn Beck delivered the crazy this morning on "Fox and Friends" saying the Obama administration is diabolically employing a theory called Cloward-Piven to intentionally collapse our economy in order to force legislation that would establish a guaranteed national income.
What would Jefferson think of our national debt?If divided equally among all Americans, our national debt would equal approximately $40,000 per person. Thomas Jefferson would not approve.
A happy economy forecast from Mr. Sunshine, Brian WesburyWesbury maintains this rosy view even though he believes government action to rescue the economy hurt more than it helped.
Obama's growing to-do list in 2010 President Obama enters 2010 facing many of the problems he vowed to confront during his first year, along with a handful of new responsibilities.
Economy Is Down, but Dubai Tower Tops AllFor all the towers that give shape to Dubai's skyline, the city-state still hails the addition of each new one as a reaffirmation of its reach-for-the-skies spirit.
The Safety Net - Living on Nothing but Food StampsCAPE CORAL, Fla. — After an improbable rise from the Bronx projects to a job selling Gulf Coast homes, Isabel Bermudez lost it all to an epic housing bust — the six-figure income, the house with the pool and the investment property.
With the recent unexpected drop in jobless claims, an uptick in consumer spending and New Year mirth, you might expect that recovery is truly in the wings. Saner voices still ring the bell of reality. The U.S.
New Year's Resolutions for Wall Street - DailyFinanceHere are several unlikely resolutions for the financial world. Doesn't hurt to dream though.
The Economic Future Of America?Where we have been, come from, and where we are heading... All BAD..
Reflecting on the Lost Decade: conservative economic policies, and how well they (didn't) work"There has been zero net job creation since December 1999," the WaPo piece explained. "No previous decade going back to the 1940s had job growth of less than 20 percent. Economic output rose at its slowest rate of any decade since the 1930s as well."
Abortions in Illinois reach 10-year high in 2008 In 2008, the most recent year for which data are available, figures from the Illinois Public Health Department show that 47,717 abortions were performed statewide.
Domestic Violence and RecessionDespite an overall reduction in Philadelphia's violent crime rate, the number of homicides from domestic violence hit 35 in 2009, a 67 percent increase over 2008.
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