World News Center
Signs of life in the job market
September 5, 2010Businesses are hiring, but not enough to make up for the massive losses of temporary government jobs.
Should US government debt be rated junk?
September 5, 2010A few weeks ago, Hedgeye, the investment research firm where I'm a managing director, hosted a conference call for our subscribers that posed the question, "Should U.S. Government Debt Be Rated Junk Status?" Given that debt issued by the U.S. government continues to trade at almost all-time lows in yield, this is a contrarian call to say the least.
Obama's economy boost - just don't call it stimulus
September 5, 2010President Obama is pledging to propose a new package of job-boosting ideas next week -- just don't call it stimulus.
Where the jobs are now, and where they'll be next
September 5, 2010U.S. companies modestly added jobs in August, easing concerns that the nation might slip back into a recession. The latest jobs report released by the Labor Department today is better than expected. Employment in the private sector rose by 67,000 payrolls, after a revised 107,000 increase in July that was more than originally estimated. The report immediately sent stocks rallying, despite the fact that overall employment dropped and the unemployment rate climbed to 9.6% from 9.5%, as more people actively searched for jobs.
China manufacturing might help avoid crash
September 3, 2010China's manufacturing sector rebounded in August, calming some fears about the pace of that country's growth.
Jobs: 'Stopped firing, not yet hiring'
September 3, 2010The jobs picture still looks sour, but there could be light at the end of the tunnel.
Corporate cards for consumers?
September 3, 2010Sen. Charles Schumer, D-N.Y., is worried that credit card issuers are making it too easy for consumers to get corporate cards, which are exempt from tougher new laws.
U.S. manufacturing activity grows
September 3, 2010Manufacturing activity expanded in August for the 13th straight month, said an industry report released Monday.
Broke schools turn to volunteers
September 3, 2010As state and local funding for education dries up, schools around the nation are asking their communities to help them maintain their services and programming.
Back-to-school checklist: Whiter teeth & tattoos
September 3, 2010Shopping for back-to-school "basics" used to mean T-shirts, jeans, socks and some notebooks. This year, parents added a few other things with one item that really stands out: tattoos.
