Money & The Economy
News on Finance, Money, markets and the economy
U.S. Exports Hit More Than $175 Billion in November
WASHINGTON, Jan. 13, 2012 — The United States exported $177.8 billion in goods and services in November, 2011, according to data released today by the…
Read More »Student Loans Seen as Next Casualty of Sluggish Economy
MINNEAPOLIS, Jan. 11, 2012 /PRNewswire/ — FICO’s quarterly survey of bank risk professionals found growing concern for the stability of the student loan…
Read More »Joblessness Among Young Veterans Rises Above 13 Percent in December 2011
WASHINGTON, Jan. 9, 2012 /PRNewswire-USNewswire/ — Data released by the Bureau of Labor Statistics indicates that joblessness among young veterans ages 18-24…
Read More »U.S. Online Holiday Shopping Season Reaches Record $37.2 Billion for November-December Period
RESTON, Va., Jan. 4, 2012 /PRNewswire/ — comScore (NASDAQ : SCOR), a leader in measuring the digital world, today reported that retail e-commerce…
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Sears and Kmart stores to close due to declining sales
Sears Holdings Corporation reported that it would close up to 120 of its Sears and Kmart stores as it goes…
Read More » The Fourth Quarter Starts with Broad-based Declines in Home Prices
NEW YORK, Dec. 27, 2011 /PRNewswire/ — Data through October 2011, released today by S&P Indices for its S&P/Case-Shiller[1] Home Price Indices, the leading…
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Boehner Buckles On Tax Cut Extension
After immense pressure from not only Democrats, but House and Senate Republicans as well, Speaker Boehner agreed to a new…
Read More » Conference Board Leading Economic Index for the U.S. Increases
NEW YORK, Dec. 22, 2011 — The Conference Board Leading Economic Index® (LEI)for the U.S. increased 0.5 percent in November to 118.0 (2004 =…
Read More »Senate vs The House Over Payroll Tax Cut
As it stands, Americans face the uncertainty of whether or not they will be giving more of their money to…
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Senate Passes Spending Bill – Obama Signs
Saturday the Congress voted 67-32 to pass a $1 trillion dollar spending bill averting, yet again, another government shutdown. The bill…
Read More » Consumer Spending Index Falls in November
NEW YORK, Dec. 15, 2011 — The Deloitte Consumer Spending Index (Index) slid again in November, weighed down primarily by the housing…
Read More »Abundance of Shale Gas Resources May Spark Manufacturing Renaissance in the U.S.
Potential Addition of Approximately One Million Jobs, an Estimated $11.6 Billion in Cost Savings And Greater Investments in U.S. Plants…
Read More »Survey: More Than 40 Percent of Consumers Will Shop for Last-minute Holiday Gifts
More men than women to delay holiday shopping until January 2012 LOS ANGELES, Dec. 12, 2011 — Following a blowout Black…
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