The economy is constantly changing and moving. To anticipate the ever changing demands and prepare yourself for anything that might happen, be sure to check out these posts. Fully equip yourself with plenty of knowledge about today’s economy now!
The monthly jobs report released by the U.S. Department of Labor is an important indicator of how the economy is performing and where the markets might go. Improved employment rates and the creation of new jobs shows that the economy is improving. Falling jobs figures show that the opposite is happening. The latest August […]
No country is immune to economic turmoil. Venezuela was once known to be a rich country. But things gradually changed when failed government policies and central planning took over starting in the 1990s. The last straw to break the camel’s back was the falling price of oil in recent years. Food shortages, weak oil […]
Gold prices are getting a boost a day after the Federal Reserve decided to keep interest rates the same. On Thursday gold futures rose for another session shooting past the $1300 barrier it broke just in the previous trading session. Gold for August delivery jumped up by 1.9% to $1,313 an ounce. While gold […]
A two-year review by the UK Labour party has concluded that workers should double the amount they save into their occupational pensions schemes.
The Independent Review of Retirement Income (IRRI) suggests that people should be aiming to put away 15% of their lifetime earnings, which is quite a bit higher than previously suggested; the rise […]
It’s hard to know what to expect given how volatile stock markets have been lately but investors can breath a sigh of relief, at least for now, as both stocks and oil appear to be recovering. The U.S. stock market closed higher yesterday for the third day in a row. This makes it the […]
The Feds made the fateful decision in December 2015 to hike interest rates for the first time since 2006 from historic lows of 0.25% to 0.5%. Fed Chairwoman Janet Yellen has said that the central bank would gradually raise the rates in coming years. It indicates US economic recovery from global meltdown and full […]
It has not been a pleasant start to the year for global financial markets. Major stock markets around the world sold off again yesterday. The MSCI global index is down about 20% off its highs and is now officially in a bear market along with the UK’s FTSE 100 and the Russel 2000 in […]
Dow Jones Industrial Average (INDEXDJX: .DJI)
The Dow Jones Industrial Average has been declining for quite some time. However, following positive news with regard to the United States economy, the index climbed in the market yesterday. Nonetheless, we’re seeing more declines today, and this time, the declines are big. Today, we’ll talk about why the […]
Six U.S. steel producers including U.S. Steel Corporation. and Steel Dynamics Inc. filed cases in June alleging that some products from Italy, India, China, and South Korea had been harming domestic companies. In November, the government found that many foreign countries receive state subsidies to produce their steel to the tune of 236% in […]