Money & The Economy
News on Finance, Money, markets and the economy
Sixty-Nine Percent of Business Owners Do Not Plan on Hiring Within the Next Year
NEW YORK, Aug. 31, 2011 /PRNewswire/ — Newtek Business Services, NASDAQ: NEWT, The Small Business Authority’s Authority Market Sentiment Survey, a monthly window into…
Read More »National Suit Drive Helps Unemployed Americans Suit Up for Success
Men’s Wearhouse Fourth Annual National Suit Drive Collects over 80,000 Clothing Items for Job Seekers HOUSTON, Aug. 30, 2011 /PRNewswire/ — For…
Read More »AT&T to Bring 5,000 Call Center Jobs Back to U.S. Following T-Mobile Merger Closing
DALLAS, Aug. 30, 2011 /PRNewswire/ — AT&T Inc. (NYSE: T) today committed that after closing its proposed merger with T-Mobile USA, it will bring…
Read More »Consumer Confidence Index Drops to Lowest Since April 2009
Indicative of a recession, the Conference Board’s consumer confidence index dropped to 44.5 vs. last months 59.2. That represents the…
Read More »U.S. Economic Growth to Fall Sharply Due to Uncertain Policies
SAN FRANCISCO and LONDON, Aug. 26, 2011 /PRNewswire/ — Economic growth in the U.S. over the next 12 months is expected to decline to…
Read More »Truck Tonnage Index Fell 1.3% in July
ARLINGTON, Va., Aug. 23, 2011 /PRNewswire-USNewswire/ — The American Trucking Associations’ advance seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1.3% in…
Read More »July Durable Goods Orders Come in Better Than Expected
New orders for manufactured durable goods in July increased $7.7 billion or 4.0 percent to $201.5 billion, the U.S. Census…
Read More »Fannie and Freddie: Dark Clouds Looming Over Near-Term Outlook
WASHINGTON, Aug. 22, 2011 /PRNewswire/ — The economy was hit by a barrage of disappointing news during the last month, which led…
Read More »Markets in Free-fall After Catastrophic Economic News
The DOW opened today at 11,406.50 and at it’s lowest point as of noon, it had dropped more than 500…
Read More »Conference Board Leading Economic Index Increases
NEW YORK, Aug. 18, 2011 /PRNewswire/ — The Conference Board Leading Economic Index® (LEI)for the U.S. increased 0.5 percent in July to 115.8 (2004…
Read More »Mortgage Rates Continue to Fall
CHARLOTTE, N.C. Aug. 17, 2011 /PRNewswire/ — Average mortgage rates continued to fall week-over-week, once again marking the year’s lowest levels according…
Read More »Consumer Spending Index Rises in July
NEW YORK, Aug. 12, 2011 /PRNewswire/ — Bolstered by a rise in home prices and a slight improvement in real wages, the…
Read More »Cities Respond to S&P Statement on Local Government Ratings
WASHINGTON, Aug. 9, 2011 /PRNewswire-USNewswire/ — The National League of Cities issued the following statement in response to Standard & Poor’s statement…
Read More »Food Futures Slide Monday
During the mini-crash of August 2011, stories of a market slide and gold going through the roof were prevalent. What…
Read More »Consumer Confidence Slides for Second Straight Month
NEW YORK, Aug. 4, 2011 /PRNewswire/ – Although Congress and President Obama have agreed to raise the debt ceiling, a majority of…
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