The Federal Open Market Committee announced on Wednesday it would complete purchases of $600 billion in treasury securities in June. Defending the strategy, also known […]
Month: April 2011
Consumer Confidence Primed for April Resurgence
The Conference Board’s Consumer Confidence Index looks to make a rebound this month on the wings of signs that the turmoil that roiled Japan, the […]
Jobless Claims to Return to Normal
Initial claims for unemployment jumped from 385,000 to 412,000 in the first week of April, but experts say that this does not signal a reversal […]
Housing picture bleak in spite of modest gains
Better weather and an improving jobs outlook likely pushed existing home sales upward in March, but foreclosures, tight credit and lingering unemployment continue to dog […]
Price Pressures Worrisome But Not Dire
Darryl Terrel manages Eastside Service Gas Station on the Lower East Side. Business has suffered lately. On Wednesday, the price of gas exceeded $4.30 per […]
CPI Expected to RIse for Third Straight Month
Over the last couple of months Americans have gotten used to the fact that dishing out a little more cash has become a common occurrence […]
Retail Sales Start to Run out of Fuel
Retail sales are expected to show modest gains for the month of March, as the rise in gasoline prices has slowed further growth. As a […]
Higher Exports in February May Narrow the Trade Deficit
The trade deficit likely narrowed in February due to growth in exports. A consensus survey of 71 estimates show a median trade gap of $44 […]
Supply Anxiety Drives Strong March Auto Sales
Toyota salesman Mitch Schechter made good money selling Prius hybrids in March, but he stands to make a killing in April. The Prius is one […]
U.S. Farmers Rapidly Losing Market Share in Panama
For American farmers, the pending trade agreement with Panama is no longer about potential gains but about preventing the loss of existing export markets. Since […]