Labor/Economy
Economy Watch: Jobs Report Solid, with Some Exceptions
The economy added 244,000 jobs in April; a commodity price index drops steeply; and consumer credit expands.
PODCAST: Economy Watch Weekly with Dees Stribling
The week ending May 6 was a good one for the economy, considering all the jobs added in April and all the money consumers spent at retail establishments.
Economy Watch: Hiring Surprisingly Strong in April
The U.S. Bureau of Labor Statistics report on hiring turned out better than expected; retailers reported strong sales in April; and a few commodities showed symptoms associated with bubbles popping.
Economy Watch: ADP Jobs Numbers Point to Hiring Weakness
The ADP unemployment numbers are out for March; Freddie Mac reports its first quarterly profit since 2009; and Finland’s new government shows resistance to an E.U. bailout of Portugal.
Economy Watch: Government Files Suit against Deutsche Bank over Mortgage Woes
The U.S. government is taking Deutsche Bank AG to court over bum loans; a nonpartisan report finds several factors that contributed to the enormous U.S. debt; and a Chinese property bubble may be further inflating.
Economy Watch: U.S. Construction Sees Uptick, but Still Hurts
U.S. construction spending rose more than expected during March; the federal government has a few months left before defaulting on its debt; and bin Laden’s death has a brief effect on oil markets.
Economy Watch: Consumers Earn More, Spend More in March
Personal income and outlays were both up in March; banks continue to meet their doom; and Donald Trump continues his run of spectacle in the spotlight.
PODCAST: Economy Watch Weekly with Dees Stribling
For the week ending April 29, a number of factors have dragged down GDP growth, and government budgets are in the doldrums, but positive factors like inventory investment and exports helped counter the down notes.
Economy Watch: U.S. Economy Turns in Lackluster First Quarter
Real GDP increased minimally last quarter; hiring is scarce everywhere except McDonald’s; and pending home sales see an uptick.