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Harsh Winter Weather Cools U.S. Auto Sales in February

Harsh Winter Weather Cools U.S. Auto Sales in February

By Danni Santana Nasty weather depressed U.S. auto sales in February, yet did little to keep Americans from buying expensive gas-guzzlers, a sign that consumers continue to benefit from an improved economy and lower gas prices. Automakers performed...

 

Personal Income Growth Falls Short, Spending Down in First Report of 2015

Personal Income Growth Falls Short, Spending Down in First Report of 2015

By Marguerite Ward Personal income grew less than expected and personal spending decreased more than expected in January. Still, both indicators are faring better on a year-over-year basis. The January report, released by the Bureau of Economic...

 

Good news in Europe: unemployment falls for the third month in the eurozone

Good news in Europe: unemployment falls for the third month in the eurozone

  The eurozone got a tiny bit of good news this Monday, when the unemployment rate fell for the third consecutive month to the lowest level since April 2012. The seasonally adjusted unemployment rate for the 19 countries that adopt the...

 

Another Drop In Energy Prices Pulls Down Eurozone Inflation In January

Another Drop In Energy Prices Pulls Down Eurozone Inflation In January

Rates from August 2014 to January 2015   Weighed down by another notable decline in energy prices, inflation in the Eurozone fell in January, indicating that the euro area may be slipping into a downward spiral of deflation. Inflation...

 

Cheap Oil Brought Deflation to the U.S. In January

Cheap Oil Brought Deflation to the U.S. In January

Plummeting energy costs have brought the United States’ its first annual decline in consumer prices since October 2009. But core inflation proved stronger than expected, suggesting overall inflation could pick up once oil prices stabilize.   The...

 

A Rise In The Durable Goods Order For January Shows A Bright Future And A Steady Economy

A Rise In The Durable Goods Order For January Shows A Bright Future And A Steady Economy

New orders for manufactured durable goods orders increased for the first time in the last three months, a sign indicating companies are likely to see increased production and jobs added in the spring. Orders for durable goods, goods that are...

 

Consumer Sentiment Falls in February as Gas Prices Rise

Consumer Sentiment Falls in February as Gas Prices Rise

The consumer sentiment index slid in February as rebounding gas prices and cold temperatures shook household confidence. The University of Michigan’s survey tumbled to 95.4 this month after peaking in January at an 11-year high of 98.1. That’s...

 

Nurses Won’t Be In Hospitals When We Need Them

Nurses Won’t Be In Hospitals When We Need Them

When Regina Cusson became a nurse, she went to work in a hospital, “on a floor with very sick people” and wide variety of complaints. Now the dean of the University of Connecticut School of Nursing, she says that’s what new nurses did...

 

Stronger copyright provisions not key to better exports of movies and music

In 2013, Bruno Mars was the most pirated artist in the world. It is another example of how popular American movies and music are abroad but exports have been falling sharply in the past year. The industry blames this on piracy and hopes it...

 

Gender pay gap widest among Asian-Americans

Gender pay gap widest among Asian-Americans

  While men widely earn more than women in the United States, Asian-Americans have the widest gender wage gap compared to other racial groups. Asian-Americans have the highest pay among women, earning about $770 a week. In fact, when compared...