Tomorrow’s Bureau of Labor Statistics report will show that unemployment remains at 8.8 percent according to most economists. This ends the steady decrease of jobless […]
Latest News
Rising Weekly Claims Rattled Investors Today: all eyes on tomorrow’s April jobs report
Today’s initial claims report did not influence tomorrow’s jobs report. It came after the survey week related to the current population survey. Unfortunately, it came […]
Auto Sales Will Dip in April, Perhaps Beyond
This year’s brisk first quarter auto sales will show signs of slowing when April numbers are released early next week, experts say. “It’s nothing too […]
GDP Expected to Slip
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 […]
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 […]