Home prices fall, Triple dip plunge, 3.6 percent by next June, Foreclosure inventory, Naples FL hardest hit From CNN money October 31, 2011. “Home prices heading for triple-dip” “The besieged housing market has even further to fall before home prices really hit rock bottom. According to Fiserv (FISV), a financial analytics company, home values are [...]
Unemployment claims, October 27, 2011, US Labor Department From the US Labor Department October 27, 2011. “UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT SEASONALLY ADJUSTED DATA In the week ending October 22, the advance figure for seasonally adjusted initial claims was 402,000, a decrease of 2,000 from the previous week’s revised figure of 404,000. The 4-week moving [...]
Obama jobs bill rejected by Democrat controlled Senate, Republicans and moderate Democrats block scaled down version, Bailout for states and public service workers From the Christian Science Monitor October 21, 2011. “‘Stimulus 2.0′? Senate rejects bid to revive parts of Obama jobs bill. Senate Republicans and moderate Democrats blocked the first attempt by to pass [...]
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Steve Jobs Obama Headed For One Term Presidency, Jobs Biography, Critical of administration policies, Obama not business friendly From the Huff Post October 20, 2011. “Steve Jobs Biography Reveals He Told Obama, ‘You’re Headed For A One-Term Presidency’” “In one of the most hotly-anticipated biographies of the year, “Steve Jobs,” author Walter Isaacson reveals that [...]
Greensboro Triad metro ranks third in US in job forecast, Manpower Employment Outlook Survey, Quarter 4 2011 From ManPower September 13, 2011. “Greensboro-High Point, NC MSA employers expect to hire at a solid pace during Quarter 4 2011, according to the Manpower Employment Outlook Survey. Among survey participants, the Greensboro-High Point, NC MSA employment outlook [...]
NC unemployment rate 10.4 percent, Adults with jobs at 35 year low, Second highest job loss rate in US From the Greensboro News Record September 17, 2011. “N.C. unemployment rises to 10.4 percent” “North Carolina’s unemployment rate jumped to 10.4 percent in August, the third monthly increase in a row and the highest figure in [...]
S&P replaces president, Deven Sharma not Obama, S&P US downgrade From the Chicago Tribune August 23, 2011. “Standard & Poor’s said its president is stepping down, capping two weeks of controversy following the rating agency’s downgrade of U.S. government debt on Aug. 5 that sparked a row with the Treasury. S&P’s parent McGraw-Hill Companies Inc., [...]
George Soros bet on S&P downgrade?, 1 billion dollar bet at odds of 10 to 1, Mystery investor or hedge fund From the Daily Mail August 8, 2011. “Who made a billion dollars on 10/1 bet that U.S. credit rating would be downgraded? Unknown investor or hedge fund makes $850million bet Bet in futures market [...]
July 2011 unemployment rate 9.1 percent, Little change since April From the US Labor Department August 5, 2011. “THE EMPLOYMENT SITUATION — JULY 2011 Total nonfarm payroll employment rose by 117,000 in July, and the unemployment rate was little changed at 9.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in [...]
Dow plummets over 4 percent, S&P 500 4.78 percent, Nasdaq 5.08 percent The Dow Jones Industrial Average plummeted over 4 percent today, August 4, 2011. Dow 11,383.90 -512.53 -4.31% S&P 500 1,200.11 -60.23 -4.78% Nasdaq 2,556.39 -136.68 -5.08%
