Recent reports are suggesting the economy, which had been robust in recent months, has softened a bit recently.
READ MOREThere is a wealth of important news going unreported just beneath the surface of the income inequality debate, a reporter for the public radio program “Marketplace” wrote in his newly award winning essay.
READ MOREEgg prices were up 7.7 percent in December, and 10.7 percent over the past year, according to the Bureau of Labor Statistics. Two key causes for the jump in prices are the spread of avian flu in Mexico and new regulations for egg producers in California.
READ MOREThe Bureau of Economic Analysis this morning released a disappointing first estimate for the 2014 fourth-quarter real gross domestic product – the total value of this country’s finished goods and services. At 2.6 percent, it was roughly half of the 5.0 percent pace of growth in the third quarter. And it was about half a point below the consensus of analysts’ expectations. But despite the disappointing headlines, there were a couple of positive points within the details.
READ MOREFor most people, the task of settling an estate is learned the hard way: on the job during a time of grief. Knowing a few critical first steps can go a long way toward helping you get your bearings as you face the job of honoring a loved one’s final wishes.
READ MOREThe economy has been sending mixed messages this week.
READ MOREAs we mentioned last week, The New York Times today highlighted that lower energy prices aren’t necessarily providing American households with as much relief as they would like. In today’s story in The Upshot, David Leonhardt reminds Americans that, at an average price of $2.03 per gallon, they have seen gasoline for far less money. From 1986 to 2002, the average price of gas in this country was $1.87, he wrote.
READ MOREHousing data released last week showed further improvement. Existing home sales were up 2.4 percent from November, and it was announced earlier in the week that housing starts were up 4.4 percent.
READ MOREThe drop in gas prices has a big psychological impact on consumer confidence, but as a practical matter, doesn’t have much of an impact on consumer spending, says our senior research analyst, Bob Hughes.
READ MOREOne of our readers recently suggested that “One may find that Republicans tend to create private sector jobs and Democrats tend to create public sector jobs.”
READ MORETimes were very different when the U.S. banned exporting unrefined crude oil four decades ago: In the wake of an oil embargo, world oil prices quadrulpled.
READ MOREHere’s an interesting story in today’s Wall Street Journal, on the occasion of President Obama’s State of the Union address.
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