Post Tagged with: "Economy"

Breaking News – Hiring up, Unemployment down in December

Breaking News – Hiring up, Unemployment down in December

American employers stepped up their hiring in December, bringing the unemployment rate down again. The economy added 200,000 jobs in the month, the Labor Department reported Friday, doubling the number of jobs added in November. Meanwhile, the unemployment rate fell to 8.5%, the lowest level since February 2009. Economists surveyed by CNNMoney had forecast 150,000 [...]

Bernanke Backs More Stimulus, Citing `Weak’ Outlook

Bernanke Backs More Stimulus, Citing `Weak’ Outlook

It seems another stimulus package is in the works. I am not sure if it would help the markets and we still have to see if the bailout package passed by the congress earlier has any effect on the economy.

McCain Offers Economic Plan

McCain Offers Economic Plan

BLUE BELL, Pa. — Sen. John McCain today proposed $52 billion worth of tax breaks aimed at reducing the impact of stock market losses on the nation’s seniors, providing relief to the unemployed and encouraging savings. Under his plan, unveiled as he campaigned in a suburb of Philadelphia, seniors would pay lower taxes when they [...]