Analysts expect that one of the top purveyors of gifts, 1-800-FLOWERS (FLWS), will report modest but consistent growth in the first quarter of fiscal year 2014, a signal of what is to come for the company as the economy continues to improve. 1-800-FLOWERS is one of the world’s largest florist and gift shops, and the […]
Paul Buehler’s $60,000 in debt weighs heavy on him. As a Ph.D. candidate in history at the University of Arizona the 31-year-old has spent the last eight years relying on student loans. His debt will become due when he finishes in December. Then his salary will just pay his student loans, he predicts.
Despite rising mortgage costs, housing prices continued to steeply increase in May shows the Case-Shiller home price index. It rose 12.2%, the largest annual increase since March 2006. Despite the Federal Reserve’s announcement to reduce its bond-buying program, which caused a rise in longtime interest rates, the May data remained unaffected. The May 2013 […]
Lower than expected jobs growth in July is disappointing, but not devastating. The US economy gained just 162 000 jobs in July, countering economists who had more optimistic forecasts.
The best way to characterize the July U.S. jobs report – a slight disappointment regarding jobs created – but one that neither furthers nor detracts from the market consensus that the Federal Reserve will begin to reduce stimulus in September. The world’s largest economy created 162,000 jobs in July, the U.S. Department of Labor announced […]
Housing prices continue their path to pre-crisis levels. With 12.2% the widely watched Case-Shiller home price index showed its biggest annual increase since March 2006. Compared to the previous month, the price for single-family homes in 20 major American cities rose in May by 2.4%. Overall the housing market continues to perform strong and is […]
The U.S. economy added more jobs than expected in June, as the nation continued to display signs of an improving, but still not robust job market. In June 195,000 jobs were created, the U.S. Department of Labor said Friday. Economists surveyed by Bloomberg News had expected the economy to create 161,000 jobs in June. […]
Source: Bureau of Labor Statistics Stronger than expected job growth in June plus higher revised numbers for April and May show the economy is on track but the road to recovery will be long and slow. The US added 195,000 new jobs in June, while the unemployment rate remained unchanged at 7.6 percent. […]
Housing prices posted their largest monthly gain in more than five years in a sign of an accelerating market that could provide a key boost to the economy. The widely watched Case Shiller index rose 2.5% in April, the largest one-month gain in history. Prices are up 12.1% from a year ago, but still 26.2% […]
The shoes Mary Huang wears around her New York neighborhood are made of finely spun nylon, and have cutouts similar to a spider’s web. They can be bought online, but where’s the fun in that? Anyone with a 3D printer can download and print these same shoes at home. The recent surge in desktop 3D […]