Finance Markets (Free subscription) | 12 hours ago
Figures from the US Labor Department have revealed that the unemployment rate in the US reached 10.2% in October, up from 9.8% the previous month and represents the highest level since April 1983. The US economy lost a worse-than-expected 190,000 jobs during the month with the majority of job losses in the construction, manufacturing and retail [...]
Environmental Leader (Free subscription) | yesterday
Almost all 144 top economists surveyed for a New York University School of Law report agree that climate change threatens the United States economy and that carbon regulation — whether it’s a carbon tax or a cap-and-trade system — will drive energy efficiency and innovation, reports the New York Times’ Green Inc. blog. The report, Economists and [...]
The Business Insider (Free subscription) | 9 hours ago
China's premier Wen Jiabao continues to passive-aggressively scold the U.S. government's deficit spending. Reuters: "We have seen some signs of recovery in the U.S. economy ... I hope that as the largest economy in the world and an issuing country of a major reserve currency, the United States will effectively discharge its responsibilities," Wen told a news conference...
People Daily (Free subscription) | 10 hours ago
Chinese Premier Wen Jiabao said that China hopes that the United States government will keep its federal deficit at an appropriate level to ensure basic stability in the U.S. dollar exchange rate. "We have seen some signs of recovery in the U.S. economy ... I hope that as the largest economy in the world and an issuing country of a major reserve currency, the United...
PXDCO Reviews (Free subscription) | yesterday
Click Here to watch how I turned $4000 into $40000 on Forex As you all know, I recently published an article that talked about the state of the U.S. economy and that it may be in the "beginning’ stage of an economic recovery.I talked about the valuable indicator of copper and why it leads the way [...]
The Big Picture (Free subscription) | yesterday
Floyd Norris puts the auto industry into context of the larger US economy, in a few simple charts: > click for larger charts graphic courtesy of NYT > Source: Car Buyers Come Back, but Not in Droves FLOYD NORRIS NYT, November 6, 2009 http://www.nytimes.com/2009/11/07/business/economy/07charts.html
GuruFocus Updates (Free subscription) | 11/06/2009
By guruek. Edmund Phelps, professor of economics at Columbia University and winner of the 2006 Nobel Prize in economics, talks with Bloomberg's about the outlook for the U.S. economy. Phelps says an economic upturn is coming pretty quick but that the recovery will run out of gas with unemployment at 6 percent to 7.5 percent. Read more » »
The Intelligence Daily (Free subscription) | 11/06/2009
Cara Community - Comments (Free subscription) | 11/08/2009
In reply to Daily Trading & Social Commentary for Nov. 6 : I just read an excellent discussion by John Mauldin about the possible future paths for the US economy (unfortunately, all of them are very unpleasant). They are discussed in the latest newsletter on the page http://tinyurl.com/yaa76rn , which basically gives a summary of the individual paths he was discussing since the beginning...
VotingFemale Speaks! (Free subscription) | 11/07/2009
The Democrat House of Representatives continue to lament Health Care Inadequacy as justification of their Partisan bill they created which is an Economic Weapon of Mass Destruction rooted in pure Socialism/Communism. Representative Slaughter unleashed a hateful attack on American Citizens exercising their right to Free Speech and their Right of Dissent outside on the steps [...]
PXDCO Reviews (Free subscription) | 11/07/2009
Click Here to watch how I turned $4000 into $40000 on Forex The dollar and yen rose on Friday after a report showed the U.S. unemployment rate spiked and the economy lost more jobs than expected, stoking concerns about the U.S. economy and restoring safe-haven demand for both currencies. 8 Vote(s) Learn how to trade Forex on Auto [...]
PXDCO Reviews (Free subscription) | 11/07/2009
Click Here to watch how I turned $4000 into $40000 on Forex The dollar and yen rose on Friday after a report showed the U.S. unemployment rate spiked and the economy lost more jobs than expected, stoking concerns about the U.S. economy and restoring safe-haven demand for both currencies. 6 Vote(s) Learn how to trade Forex on Auto [...]
Pro Nuclear Democrats (Free subscription) | 11/08/2009
After watching this clip of Barbara Ehrenreich, my thoughts immediately turned to the nation's current infatuation with renewable energy. She is discussing the concept in her book Bright-sided: How the Relentless Promotion of Positive Thinking Has Undermined America . The idea that renewable energy and efficiency will solve our energy problems is delusional. Nuclear advocates are often accused of being...
American Election 2008 (Free subscription) | 11/07/2009
The US economy lost 190,000 jobs in October, taking the jobless rate above 10% for the first time since 1983.
LATICONOMICS (Free subscription) | 11/06/2009
U.S. Economy: Unemployment Rate Jumps to 26-Year High (Update1) By Timothy R. Homan Nov. 6 (Bloomberg) -- The unemployment rate in the U.S. jumped to 10.2 percent in October, the highest level since 1983, casting a pall over the prospects for a sustained recovery and risking further erosion of President Barack Obama’s popularity. Payrolls fell by 190,000 last month, more...
