Labor/Economy

‘Economy Watch’ Podcast with Dees Stribling: The Economy Has Seen Better Weeks

The economy has seen better weeks than this one.

Economy Watch: Spain Upsets Investors Again

Investors worldwide were jittery about Spain on Monday, as the Spanish government banned the shorting of stocks on Madrid’s exchange and the Italian government did the same for the Milan exchange.

Economy Watch: State Unemployment Rates Stuck in Neutral

The Bureau of Labor Statistics said that state and regional unemployment rates didn’t budge much in June.

Economy Watch: Existing Home Sales Drop

Existing home sales, which have been on an upward trajectory most of this year, took a dip in June, according to the National Association of Realtors.

Economy Watch: Housing Starts Up in June

The Census Bureau reported on Wednesday that U.S. housing starts were at an annualized rate of 760,000 units in June.

Economy Watch: Bernanke Downbeat, Unclear on Stimulus

The chairman of the Federal Reserve was on Capitol Hill on Tuesday, testifying as part of his “Semiannual Monetary Policy Report to the Congress,” and his assessment of the economy, at least for the short term, wasn’t particularly cheerful.

Economy Watch: Shoppers Not Shopping Quite as Much This Summer

In synch with the generally grumpy mood consumers have been in lately, U.S. retail sales dropped 0.5 percent in June compared with May, according to the Census Bureau.

Economy Watch: Consumer Sentiment Takes a Dip

The preliminary Reuters/University of Michigan consumer sentiment index for July, which was reported on Friday, was down to 72.0 from the June reading of 73.2.

‘Economy Watch’ Podcast with Dees Stribling: The U.S. Economy Has Hit Another Bump in the Road

The U.S. economy has hit another bump in the road.