Blog posts tagged with 'unemployment'

Poll shows Americans' pessimism on economy growing
http://news.yahoo.com/poll-shows-americans-pessimism-economy-growing-211021976.html
Most of the increasing pessimism on the economy is coming from democrats who are beginning to realize that the present people running the government are doing a poor job.

Jobless Americans to lose unemployment benefits
http://finance.yahoo.com/news/jobless-americans-lose-unemployment-benefits-094500875.html?l=1
50% of the people who loose there benefits will get a job immediately.

Oil pares loss on upbeat U.S. consumer data
http://finance.yahoo.com/news/oil-falls-below-96-dollar-014622808.html?l=1
U.S. private sector (70% of the U.S. GDP) is recovering.

Banks prepare for the return of the drachma
http://finance.yahoo.com/news/banks-prepare-return-drachma-083804551.html
Greece negotiated the right off of half their debt in exchange for promising austerity cuts. They will now weasel out of the austerity cuts, move back to the drachma and devalue their way out of the other half of their debt.

Spanish bank reform disappoints investors
http://news.yahoo.com/spain-approve-banks-cleanup-tough-talks-065021869--finance.html
6 countries are broke in Europe. France owns the majority of the debt from these 6 countries. The other 10 countries in the Euro Zone are doing ok.

Americans brace for next foreclosure wave
http://news.yahoo.com/americans-brace-next-foreclosure-wave-210253440.html
All the government employees being laid off and the banks finally processing all the robo signing foreclosures are hitting the market.

Jobless claims fall to lowest since 2008
http://finance.yahoo.com/news/jobless-claims-fall-lowest-since-123508114.html
Half spin, a lot of people just stop looking, give up.

No Wonder Companies Don’t Want To Go Public Anymore
http://finance.yahoo.com/blogs/daily-ticker/no-wonder-companies-don-t-want-public-anymore-133126323.html?l=1
The private sector business model is better than the public sector business model, it is that simple. The public sector has become an extension of government.

Regions Financial, Last of Huge TARP Banks, Repays $3.5 billion
http://finance.yahoo.com/blogs/daniel-gross/regions-financial-last-huge-tarp-banks-repays-3-143953584.html
U.S. banks are healthier than foreign banks now.

Chinese Premier Says What Everyone Is Thinking: ‘Break Up the Big Banks!’
http://finance.yahoo.com/blogs/daily-ticker/chinese-premiere-says-everyone-thinking-break-big-banks-143929569.html
Dollar and U.S. private sector up, Chinese Yuan and Chinese commodity based economy down.

US rate on 30-year mortgage falls to 3.98 percent
http://finance.yahoo.com/news/us-rate-30-mortgage-falls-140054655.html?l=1
Operation twist is locking long term rates in at extremely low levels, but opening short term rates to go up when the Fed raises the interest rates, sometime later this year.

Oil jumps to 9-month high after Iran cuts supply
http://finance.yahoo.com/news/oil-jumps-9-month-high-044713139.html
Oil up, gold up.
 
Iranians desperate as dark economic clouds gather
http://finance.yahoo.com/news/iranians-desperate-dark-economic-clouds-160443229.html
Don’t be fooled, this is not going to stop Iran from developing a nuclear weapon.
 
PRECIOUS-Gold climbs with euro on hopes for Greek deal
http://af.reuters.com/article/metalsNews/idAFL4E8DK27R20120220
More promises. Temporary dollar down, gold up.
 
Deal trims maximum jobless benefits to 73 weeks
http://news.yahoo.com/deal-trims-maximum-jobless-benefits-73-weeks-084132078.html
The only good news I could find. 50% of the people on unemployment will go back to work, the moment they cut benifets.

Unemployment aid applications drop to 7-month low
http://news.yahoo.com/unemployment-aid-applications-drop-7-month-low-133908747.html
Private Sector (70% of U.S. GDP) is improving.

Philly Fed gauge shows slowing growth in November
http://finance.yahoo.com/news/philly-fed-gauge-shows-slowing-152602946.html?l=1
Spin. Up is up. Private Sector (70% of U.S. GDP) is improving.

Comex Gold Extends Early Losses To Trade Sharply Lower
http://www.kitco.com/reports/KitcoNews20111117JW_update.html
Dollar getting stronger compared to all other currencies because their economies are slowing while the U.S. economy is picking up and because the Federal Reserve indicated they are now strengthening the U.S. Dollar.

Comex Gold Losses Accelerate As Near-Term Technical Damage Now Inflicted
http://www.kitco.com/reports/KitcoNews20111117JW_update2.html
Dollar strengthening.

Americans are shopping, but only when they are getting a deal. Consumers are taking advantage of big sales and discounts buying affordable luxuries last month. According to the International Council of Shopping Centers, revenue rose 5.5 percent in the month of September showing strong gains for big retailers like Target, Macy's and Limited brands.

Ken Perkins, President of Retail Metrics, stated, "Bargains drove the month. There were lot of deals to be had, and we expect to see that follow through the rest of the year."

Despite these strong increases in September, many retailers are showing concerns that shoppers are worried about unemployment, a weak housing market, and a tumultuous stock market. Thus, causing shoppers to look for the type of bargains that result in a significant drop in retailers' profits. 

See Link: http://finance.yahoo.com/news/Retailers-report-solid-gains-apf-814454991.html?x=0