Pertinent Category: Daily Economy

Is the Economy Hitting a Soft Patch?

– February 4, 2015

Recent reports are suggesting the economy, which had been robust in recent months, has softened a bit recently.

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“Marketplace” Reporter: Income Inequality Coverage Is Lacking

– February 3, 2015

There 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.

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Why You’re Paying More for Eggs

– February 2, 2015

Egg 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.

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Slower GDP Masks Consumer Strength

– January 30, 2015

The 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.

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Six Things to Do When a Loved One Dies (and You’re Executor)

– January 29, 2015

For 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.

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Don’t Expect Surprises From Yellen Today

– January 28, 2015

The economy has been sending mixed messages this week.

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Obama, Clinton, Bush, Walker, and Energy

– January 27, 2015

As 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.

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The Slow Road Back on Housing

– January 26, 2015

Housing 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.

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Low Gas Prices Feel Great, But Don’t Help Much

– January 23, 2015

The 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.

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Presidents’ Parties and Job Creation

– January 22, 2015

One 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.”

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Why the Oil Export Ban Could Be Overturned

– January 22, 2015

Times 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.

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A Look at Economy Under Obama

– January 21, 2015

Here’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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