Money & The Economy
News on Finance, Money, markets and the economy
Economic Advisor to State Department: Downgrade of US Likely
An economic analyst invited by the State Department to brief a group of foreign journalists on the U.S. economy. Her…
Read More »Swing State Voters: Obamacare Will Cost You $$
Three years after its passage the majority of Americans still are opposed to the Affordable Care Act (Obamacare). A reelection…
Read More »GDP up due to federal spending
The Commerce Department published its preliminary estimate of third quarter GDP showing an increase to 2.0% growth vs. the second…
Read More »Unemployment: Tinkering with the Numbers?
Did you watch the news last week? A miracle fell into the lap of the president. Three precious weeks before…
Read More »2013 Medicare premium increase will cut into COLA for Seniors
The anticipated 2013 1.7% cost-of-living adjustment (COLA) for Social Security recipients will likely be wiped out by an expected 7-9%…
Read More »Public Opinion: Ford up – GM, Chysler down after Obama bailout
Survey results released on Sunday from Rasmussen Reports shows that the bailout of GM and Chrysler has left the bailed-out…
Read More »U.S. Retail Sales Rise on Gas, Auto Spending and iPhone Sales
Seasonally adjusted U.S. Retail Sales rose in September by 1.1%, slightly slower than August’s 1.2% and largely fueled by iPhone…
Read More »Yes, budget cuts can help the economy
The left tells us that there is no way to keep the economy going if federal spending is reduced –…
Read More »I.M.F. meeting concludes with dire economic outlook and pleas to the U.S.
In a comuniqué from the I.M.F. at the conclusion of it’s twenty-sixth meeting, the International Financial and Monetary Committee (IFMC)…
Read More »FBI: ‘large amount’ of next generation $100 bills stolen in transit
FBI spokesman Frank Burton said that someone stole “a large amount” of $100 bills while in transit from Dallas to…
Read More »The First 12 Hours of a US Dollar Collapse
At this point it really is a matter of “when, not if”. I look into a possible scenario if we…
Read More »Questionable jobs report: Unemployment hits 7.8% in September “Unexpectedly”
Despite slowing job growth, strangely, the key unemployment rate fell .3% to 7.8% due to an unexpected upward 86,000 job…
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