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Government Layoffs Hit Record Levels
Jun. 6 | State and local governments cannot help the unemployment problem. The cash-strapped sector has even laid off a record breaking number of people since the start of the fiscal year on July 1. State and local governments are expected to layoff workers from...
PlayStation Network Being Switched Back On In Asia
May. 29 | After weeks of controversy over the hacking of the PlayStation Network, the final steps in bringing the system back online are being taken as the network is put back online in Asia. The continent is the final region of the world to have the system placed...
Lending Increases As Economy Continues To Improve
May. 26 | Although still too early to say how secure the recovery is, more information is emerging which points to a positive pattern in the US economy. Along with information last week on an increase in housing prices, this week the Commercial Finance Association...
Lagarde Gets Support for IMF Management from British and Europe
May. 22 | The UK will support Christine Lagarde, French Finance Minister, to be International Monetary Fund’s managing director, according to Chancellor of the Exechequer George Osborne, which adds to the European endorsements for the finance minister. Osborne...
Stocks Change Little on Week’s End
May. 14 | Stocks fell as dollar increased and commodity prices fell back Friday, but in general nothing much has changed over the week. The Dow Jones industrial average fell 100 points, along with Travelers Co., JP Morgan Chase, and Bank of America. The S%P 500...
House Prices Rising, According To Real-Time Research
May. 9 | A report from Altos Research, a house-price monitoring system which is designed to show the market trends as they happen, suggests that house prices are currently rising on average, and that housing inventory with real estate marketers is on the increase....
Motorists Encouraged To Use Flex Fuel
May. 6 | A campaign is springing up to encourage Americans to get around the rising fuel pump prices by switching to flex fuel. The ethanol-based E85 fuel is available from pumps all over America and is cheaper than regular fuel as well as being kinder to the...
Gold is High, Dollar is Low but No Need to Panics
May. 2 | The prices for gold and silver are continually increasing in contrast to decreasing value of the US dollar. These mechanisms are definitely not beneficial for consumers, but they are for investors. According to Kathy Lien, the director of Global Forex...
Investors Prepare for Financial Results
Apr. 25 | It is the time of the year when financial results are revealed and investors feel that they have earned enough. More companies are expected to see their books next week, which excites more investors. It is expected that the books from nine Dow components...
