Economy

Unemployment Rate & Numbers Update 2015: Last Week Saw Smallest Number of Claims in Almost 15 Years

Only 265,000 Americans filed for unemployment compensation last week, the smallest amount of claims in almost 15 years, according to the Labor Department.

Winter Storm Juno 2015 Cost NYC Economy $200M: Philadelphia and Boston Also Lose Millions Thanks to Snow Weather

New York City's economy lost about $200 million as a result of Winter Storm Juno, which caused the MTA to shut down.

IMF Executive Talks Latin America Economy Troubles: Brazil 'Stubbornly Weak' But President Dilma Rousseff Plans 'Should Help'

Economic "worries" prevail across Latin America according to an assessment by Alejandro Werner, the International Monetary Fund's (IMF) director for the Western Hemisphere. Werner made this pronouncement two days after the economic organization closed its 2015 growth forecast.

China Business News: Economy Slumps to Lowest Rate Since Tiananmen Square Sanctions

The Chinese government announced Tuesday that its economy has slumped to its lowest growth rate in 24 years.

Dow Jones Stock Market Update: Stocks Surge Off Fed Announcement

The market rallied Thursday morning off Wednesday's Fed announcement The S&P 500 surged over 20 points and the DOW shot up 225 points Thursday morning as stocks continued to rise after yesterday's announcement from the Federal Reserve Board that they will be "patient" in raising interest rates, and will wait a "considerable time" before doing so.

Stock Market Quotes News: Dow Jones and S&P 500 Have Best Day of the Year

The DOW and S&P 500 soared on news that the Fed will not be raising interest rates anytime soon. The Federal Reserve announced today in a statement that they are in no hurry to hike up short-term interest rates before the middle of the year.

Latin America News: Venezuela, Chile, Argentina and Other Countries' Economy to Suffer Because of China

Latin America’s economy has been symbiotically linked to China’s consumption of its natural resources for decades, and now that China is slowing down its purchases, Latin America’s economy must brace itself for the upcoming blow.

Stock Market Today: Apple, Exxon Mobil and Other Stocks Mostly Down Thursday; Declining Oil Prices a Factor

Stocks are mostly down Thursday after investors heard of a report from the European Central Bank regarding the possibility of quantitative easing.

Stock Market Financial News, Investing & Trading: Ford, Fiat and Other Car Sales Help November Stocks

Stocks are higher Tuesday after November auto sales reports came in better than expected, according to investors.

The US Economy 2014 News: 3rd Quarter Growth Exceeds Expectations, Outperforms 'Most Countries in the Developed World'

The U.S. economy exceeded expectations by growing at a 3.9 percent annual rate. The U. S. economy exceeded expectations by growing at a 3. 9 percent annual rate, which the Los Angeles Times deems "solid.

China Business News: Country's Central Bank Aims to Jump-start Economy With Interest Rate Cut

In a surprise move, China's central bank cut interest rates on Friday in an effort to "re-energize the world's No. 2 economy." The people's republic is among a number of countries trying to "encourage growth in the face of a global slowdown," according to the Associated Press.

Home Builders' Confidence Rebounds, But Real Estate Sales in Housing Market Continue to Lag in Growth

According to the National Association of Home Builders and Wells Fargo, confidence among home builders rebounded this month, rising four points to 58, reaching close to its highest level in nine years.

Argentina Debt News: Latin American Country Reports an Ease in Inflation for October

According to a consumer price index published by the government of Argentina, the Latin American nation’s monthly inflation rate eased to 1.2 percent in the month of October.

Dow Jones Market Watch: Caterpillar, 3M Help U.S. Stock Market Rally

The Dow climbed 1.5 percent, to 16,717 points, as the U.S. stock market continued much-needed break from recent volatility Thursday.

US Housing Market Growing as Overall Economy Improves

Groundbreaking and building permits both jumped in September Contractors are getting more building permits and breaking ground on more homes as the U. S.

Peru's Middle Class Leads Latin America: Report

Poverty in Peru fell 50 percent since the start of the century Peru has the fastest-growing middle class of any country in Latin America since the start of the century, a positive sign for the emerging economy.

US New Home Sales Fall Again, Housing Market Still Solid

New home sales fell in July for the second straight month Homebuilders in July saw a decrease in new-home sales in the U. S. for the second straight month, but prices have started to moderate and should help the market in the near future.

STEM-Focused Educational and Occupational Opportunities are Important for Latino Youth: Here's Why

STEM-focused educational and occupational opportunities are vital for Latinos, who traditionally lag behind whites and Asians when it comes to science, technology, engineering and mathematical excellence.

Obama Approval Rating: Many Latinos Disapprove of President's Job Performance

According to a McClatchy and Marist Institute for Public Opinion poll, more Latinos disapprove of Barack Obama's performance as president of the United States than approve.

Undocumented Immigrants 'Threaten' Traditional US Beliefs, Customs and Economy, Says Poll

Polling data revealed Americans are "threatened" by undocumented immigrants coming into the U.S. The poll, conducted by Reuters and Ipsos, found 75 percent of Americans view undocumented immigrants as a problem for the country's beliefs and customs.

Obama Approval Rating Hits New Low: 4 in 10 Americans Approve Handling of Economy and 'Dissatisfied' with Immigrations Crisis

A majority of Americans believe the country is heading towards the wrong direction, and President Barack Obama's approval rating dropped to new lows.
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