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Analyst Predictions are 10 Times Over GDP

Analyst Predictions are 10 Times Over GDP

During the period when the US equities have lost about $2.9 trillion its worth, stock analysts are very much bullish compared to the economists for the last 56 years. Wall... Read more »

Inflation May Delay Additional Stimulus from Federal Reserve

Inflation May Delay Additional Stimulus from Federal Reserve

Indications that the consumer prices are going up even when the economy of the United States is slowing down may put a halt on the stimulus packages that the Federal... Read more »

White House Pleads for 5% Cuts in Various Agencies

White House Pleads for 5% Cuts in Various Agencies

The White House Budget Director Jack Lew has requested various government agencies to forward their budgets with cuts of at least 5% and provide them with more options to increase... Read more »

Morgan Stanley Lowers Estimates for Global Growth

Morgan Stanley Lowers Estimates for Global Growth

Morgan Stanley slashed its prediction for economic growth for the whole world this year because of “insufficient policy response” to the sovereign debt problems of the European region, lower confidence... Read more »

US Retail Sales Up After Four Months

US Retail Sales Up After Four Months

Retail sales in the United States has gone up in the month of July, after four months of being low, which is a big sign that the consumers are starting... Read more »

Federal Reserve Vowed to Keep Rates Low Until 2013

Federal Reserve Vowed to Keep Rates Low Until 2013

The Federal Reserve has pledged that it is going to keep the benchmark interest at a record low until the middle of the year 2013 in order to push forward... Read more »

Stock Futures in the US Decline Prior to Jobs Report

Stock Futures in the US Decline Prior to Jobs Report

The United States stock index futures declined, marking that the Standard & Poor 500 index may extend its largest sell off since February 2009, prior to the jobs report amidst... Read more »

US Stock Futures Decline, S&P 500 May Decline Too

US Stock Futures Decline, S&P 500 May Decline Too

Stock index futures of the United States went down, showing a sign that the Standard & Poor’s 500 index will also go down for the eighth time in nine days... Read more »

Fed May Take Action to Stop Economy from Slowing Down

Fed May Take Action to Stop Economy from Slowing Down

The policy makers of the Federal Reserve may begin to add provisional steps to enhance the recovery of the economy because of its slow pace and the 1% decline during... Read more »

US House of Representatives Approve $2.1 Trillion Plan

US House of Representatives Approve $2.1 Trillion Plan

The United States House of Representatives finally passed a legislation to increase the debt cap by $2.1 trillion and reduce federal spending by $2.4 trillion or more. They have approved... Read more »

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