The July jobs report brings the total number of part-time jobs created this year to more than three times the amount of full-time jobs added.
Welcome to America: Land of part-timers…
In attempts to break the fiscal stalemate lingering in Washington, D.C., U.S. President Barack Obama claims he’s ready to do some serious “grand bargaining”…
The president presented his so-called grand bargain plan Tuesday during a trip to an Amazon.com Inc. (Nasdaq: AMZN) distribution center in Chattanooga, TN. The controversial proposal includes cutting the corporate tax rate, long-favored by congressional Republicans, in exchange for stepped-up spending on jobs programs.
Call it an “Obamacare Bailout” – while millions of Americans look for ways to opt out of Obamacare, broke Detroit is trying to get its residents signed up as soon as possible.
You see, Detroit has grossly over-pledged its benefits, pensions and fully-funded health care plans to thousands of public sector employees for decades, while its tax revenue dwindled.
One of the most closely watched earnings reports comes after the close Wednesday when Facebook Inc. (Nasdaq: FB) earnings for the second quarter are released.
Wall Street analysts expect the company to post earnings of $0.14 per share on revenue of $1.62 billion, up from $0.12 per share on $1.18 billion in revenue from the same quarter a year ago.
After scouring the numbers, the key question will be how well the company is monetizing its massive mobile user base.
Kansas City Fed President Esther George hasn’t changed her tune about the Fed’s massive quantitative easing (QE) program, as she explained in an exclusive interview with FOX Business Network today (Tuesday).
U.S. equities marched higher – by a smidge – in the stock market today, one day after benchmarks logged fresh records.
The Dow Jones Industrial Average finished at 15,464.07, up 3.15 points, or 0.02%. The Standard & Poor’s 500 Index ended at 1,680.19, up 5.17 points, and the Nasdaq closed at 3,600.08, up 21.78 points.
Will gold prices rise in 2013, or will the bear market continue in the second half of the year?
The bears have certainly been loud this year, as short-term bets against gold paid off in the first half of 2013. Gold lost 27% in Q1, the worst first-half performance since 1981.
Documentaries frequently succeed in visually portraying the inconceivable better than any other form of story-telling. Eye-opening and shocking, many spark controversial conversations even before they air.
After this week’s performance, we’re getting more questions along these lines from Money Morning members: Will the price of silver go up in 2013?
The stock market today got the third quarter, and second half of the year, off to a strong start with all three benchmarks logging gains right out of the gate.
