ANALYSIS

U.S. Job Market

U.S. Economy Adds Zero Jobs: The Bigger Picture

The U.S. economy created no net new jobs in August -- a disappointing report that will likely increase pressure on the U.S. Federal Reserve to deploy additional monetary tactics to help rev-up GDP growth to create the millions of jobs the nation needs. Also, the unemployment rate remained the same, at an eye-sore level of 9.1 percent.
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2012 U.S. Election

Romney Realizes He Has Competition, But is it Too Late?

Almost from the start, former Massachusetts Gov. Mitt Romney has enjoyed a relatively comfortable lead over his competitors in the GOP presidential race, but it was only a matter of time until someone usurped his title as No. 1. The time has finally come -- and it has come in the form of Texas Gov. Rick Perry.
U.S. Labor Market

Jobless Claims Down, but Show No Improvement in Job Market

Just call it a tread water week for U.S. jobless claims, as they fell 12,000 last week to 409,000, the U.S. Labor Department announced Thursday, but the drop is a qualified one because some of the decline stemmed from the fact that initial claims from two weeks ago were revised up to 421,000 from the initially estimated 417,000.
U.S. Oil Prices

Oil Prices Plunge in August: A ‘Tax Cut’ for the American People

Finally some good news for the American people on the U.S. economy front: Oil is on track to record in August its biggest monthly price decline since May -- something that will put more money in the pockets of consumers and also boost U.S. GDP growth, if the price reduction holds.
Teens Get Smarter as They Age, Especially the Older Ones

U.S. Teen Unemployment at Unprecedented Levels

Unemployment in the U.S. has been stubbornly high and presents the largest single obstacle to the re-election hopes of Barack Obama. But joblessness among Americans who cannot yet vote – teenagers – are at levels that are both staggering and unprecedented. One labor economist tells IBTimes, “We have never experienced this amount of joblessness among teens.”
U.S. Federal Reserve

Fed Minutes: A Few Board Members Favored ‘More Substantive’ Action

The latest Fed minutes show is that the central bank is well aware that the U.S. economic recovery is underperforming -- it's like a car traveling in the right lane on an interstate highway at 40 miles per hour (barely adequate) -- and it's prepared to take additional action to strengthen the recovery, should the tepid growth conditions continue.
U.S. Stock Market

U.S. Stock Market: Post-Irene Rally or ‘Dead Cat’ Bounce?

Amid a sluggish U.S. job market, a patch-work recovery in the housing market sector, and now damage from Hurricane Irene, it's understandable if U.S. investors are hesitant regarding deploying new money to the stock market. Where's the Dow Jones Industrial Average headed from here?
Stock Market

3 Dividend-Plus-Growth U.S. Stocks for Squeamish Investors

With U.S. job growth sluggish, renewed European debt concerns, and now the damage caused by Hurricane Irene, it’s not surprising that cautious investors are reluctant to deploy additional capital to stocks. However, one moderate-risk way to commit new money to equities is to consider stocks that also pay a decent dividend, and here are three options.
Hurricane Irene Recovery

Obama Pledges Full Federal Resources to Aid Irene Clean-Up, Recovery

President Barack Obama said Monday he is continuing to direct Hurricane Irene recovery and rebuilding efforts, as federal, state, and local officials assess damage in Northeast and Mid-Atlantic states, even as Northeast states like Vermont and New Jersey continue to get people out of harm's way of rising flood waters.
Tim Cook - CEO

Apple Locks in New CEO Tim Cook Through 2021

Apple's board of directors has moved to lock in new CEO Tim Cook through mid-2021 by awarding him one million share of company stock. Cook is replacing long-time co-founder and CEO Steve Jobs, who announced his retirement last week. In connection with Mr. Cook's appointment as Chief Executive Officer, the Board awarded Mr. Cook 1,000,000 restricted stock units, Apple said in a filing with the Securities and Exchange Commission (SEC).
Hurricane Irene Path: The Aftermath [PHOTOS]

Hurricane Irene: New York, Northeast, Mid Atlantic Begin Damage Assessment

Hurricane Irene shut down the neon lights on Broadway, and substantially reduced commercial activity over the weekend -- including canceling thousands of flights, but the storm's economic damage will likely be far less than originally predicted. In particular, New Yorkers, for the most part, feel like they were spared.

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