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It has been a very typical Thanksgiving week thus far; remember the winning percentage on Wed & Fri around Thanksgiving Thursday is over 80% since 1950. So the indexes have been up each day this week, and speculative fervor has hit pockets of the...
Although the number was just revised downward, the U.S. economy still expanded by 2.8 percent during the third quarter. So it definitely looks like the recession is history.
What’s more, last Thursday the Conference Board published its Leading...
I was looking through the avalanche of economic data today, and it struck me how once again Americans are spending well over their income growth. I thought to myself, well part of this are all the programs where the American government is subsidizing...
SINGAPORE: Oil prices hovered near $76 a barrel Wednesday in Asia as investors mulled whether signs of a sluggish U.S. economy and weak crude demand justified a further sell-off this week.
Benchmark crude for January delivery was up 24 cents to...
BEIJING: Asian stock markets rose modestly Wednesday in a session damped by evidence that recovery in the world's biggest economy is likely to be slow and bumpy. European shares were higher.
The muted gains in Asia came after data showed the U.S....