We saw the government come out with unemployment statistics for the month of January this week that indicated that the number of unemployed people decreased to just under 10%. These figures are annoying because like just about everything else that the government and the media feed us, they are grossly inaccurate and intended to deceive us.
There was a report released by the Audit Bureau of Circulation on Monday, December 8th, that indicates a precipitous decline in the purchase of print magazines at typical sales outlets like retail locations and newsstands. In the first half of 2009, single-copy sales dropped by some 12%; this new report was for the second half of the year, when sales dropped 9%. Clearly, as circulation numbers drop for print publications, advertisers are going to look elsewhere, and those that remain are not going to be willing to pay as much for space.
JEFFERSON CITY, Mo. — Missouri Gov. Jay Nixon is a proposing a new law that would allow the Department of Revenue to seize delinquent taxes directly from people’s bank accounts. This is one of eight proposals Gov. Nixon is pushing for to collect money that is owed to the state. These new tax collection proposals, [...]
A bubble has formed in commodities as “speculative fervor” returns to markets after the global financial crisis, veteran Wall Street economist Henry Kaufman said on Monday. “There are bubbles in commodities,” and probably in the gold market as well, said Kaufman, president of financial consulting firm Henry Kaufman & Co Inc in New York
The Federal Reserve says consumers borrowed less for a record ninth straight month in October. It was another sign that consumer spending will remain weak, making it harder for the economy to mount a sustained rebound
Despite some economic improvements, Federal Reserve Chairman Ben Bernanke warned Monday it’s still too soon to declare that the budding recovery will last.
The weakening dollar propelled gold prices in American markets almost to $1,200 an ounce Tuesday morning, Reuters reported.
The amount of money dished out at the shops this weekend hit $41.2bn – a rise of 0.5% on 2008. Even so, credit-crunched Americans spent around 8% less each than normal, an average of $343, in the days following last Thursday’s holiday. The total was higher because more of them – 195 million – shopped either online or by going out to stores.
Pensions for top U.S. executives increased an average of 19 percent last year despite widespread drops in the companies’ share values, The Wall Street Journal reported Tuesday.
U.S. lawmakers and consumer activists on Friday highlighted the need to reform overdraft fees that banks charge their customers, saying all too often a cup of coffee can wind up costing $40.
