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Is Inflation Really 1.6%, or Is the BLS Getting Scammed?
10:00AM 2/19/2011
Government measures show that inflation, at 1.6% in January, is still below the Fed's target of 2%. But commodity prices are soaring, and anyone who pays their household bills knows that food and energy prices are rising because of it. Is the Consumer Price Index getting it wrong?
In January, job creation was anemic, yet unemployment plummeted. What gives? The answer lies in the quirky way the government decides who gets counted as part of the work force, who gets counted as officially unemployed and who gets left out of the picture.
People@Work: Construction Job Growth Is Slowly Rebuilding
8:30AM 1/31/2011
New forecasts show that the worst may be over for the construction industry, which was hit harder by the Great Recession than any other sector, as construction projects slowly resume. Some 27% of construction firms say they plan to add staff this year, while only 20% plan to cut jobs.
Why Main Street Doesn't Buy Wall Street's 'Recovery'
12:30PM 11/10/2010
If stocks are rising, that should mean the economy is improving. Yet even though the S&P 500 has soared 80% from its March 2009 lows, 70% of Americans don't believe the recession is over. Which side has a firmer grasp of reality?
As Fed Policy Sinks the Dollar, Prices of Essentials Soar
3:30PM 11/04/2010
Intended or not, the Fed's quantitative easing policies are destroying the dollar's value. That's pushing prices of commodities that Americans need -- such as food, cotton and oil -- ever higher. And it hurts companies as well as consumers.
The 10 Worst Real Estate Markets in the U.S.
6:00AM 7/31/2010
Despite stimulus programs and all-time low mortgage rates, the real estate market in the U.S. continues to struggle with excess supply, depressed home prices and high rates of foreclosure. The key factor? Unemployment.
Nevada Bumps Michigan as State With Highest Unemployment Rate
3:03PM 6/18/2010
Michigan, which has reigned as the state with the largest unemployment rate since April 2006, has lost its crown, according to May numbers from the Bureau of Labor Statistics.
Nevada, the new No. 1, saw its jobless rate climb to 14% in May. Michigan, however, didn't trail too far behind,...
The ADP private sector report showed a gain of 65,000 jobs, just under the 70,000 analysts expected. And the latest weekly unemployment claims showed a 10,000 drop, just under the estimate of 13,000. Numbers are going the right way, but slowly.
Workplace deaths are down 10 percent, according to the Bureau of Labor Statistics. Unfortunately, the number of suicides jumped 28 percent in 2008, the last year or which data is available.
A total of 5,071 fatalities occurred in the workplace in 2008. This is the lowest rate since the BLS...
June payrolls fell by 467,000, according to the Bureau of Labor Statistics. That was higher than the 365,000 jobs economists surveyed by Bloomberg had expected employers would shed.
The BLS said job losses were widespread across the major industry sectors, with large declines occurring in...
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Market Movers
| Symbol | Last | Change / % | Volume |
|---|
Most Actives
| 8.05 | -0.13 -1.59% | 55.20M | |
| 2.23 | +0.29 +14.69% | 39.51M | |
| 27.54 | -2.20 -7.40% | 9.02M | |
| 29.56 | -2.43 -7.60% | 8.76M |
% Gainers
| 35.62 | +11.72 +49.04% | 4.56M | |
| 2.23 | +0.29 +14.69% | 39.51M | |
| 10.50 | +1.10 +11.70% | 1.78M | |
| 84.74 | +8.35 +10.93% | 3.49M |
% Losers
DailyFinance Wire
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- 5 Reasons Facebook Stock May Be a Better Buy Than You Think
- Department Stores Reveal Top Selling Valentine's Gifts
Newswire
- Greek Cabinet suffers second walkout
- Turbo-traders take Bank of America for a ride
- Stocks slide at the open as Greek deal is held...
- Trade deficit widens to $48.8 billion in...
- Obama call for manufacturing revival a tough...
- Feds investigate door fires in 2007 Camrys,...
- NYSE Euronext profit down on blocked merger...
- LA co. challenges Kodak move to dump theater...
- 2011 Trade Deficit Hits 3-Year High, Over $550 Billion
- Today’s Best Market Rumors (2/10/2012) Apple iPad, Google Entertainment
- Top Analyst Upgrades & Downgrades (ALTR, AMSC, BIIB, CELG, COH, CSTR, COP, FSLR, GILD, HAIN, MA, RF, TRLG)
- Morning Wire — US Stock-Index Futures Down Sharply
- Alcatel-Lucent Pulls a Rabbit Out of Its Hat on Earnings (ALU)
- The Digital Omnivore vs. the Couch Potato
- The New Homeowner Rescue May Come After Home Price Recovery
- Unemployment Is Worse Than Assumed
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