Fed Unlikely to Raise Rates in September
Surprise, surprise, the Federal Reserve is unlikely to raise the Fed funds rate during its September 2016 meeting. Now, this is contrary to Federal Reserve Chairwoman Janet Yellen’s comments during the annual More...
NY Post, former GE CEO Jack Welch all point to Obama administration ‘faking’ unemployment numbers
Leading up to the 2012 election, the Obama administration may have “faked” or manipulated unemployment data. The NY Post reports that incredible decline in unemployment from August to September (8.1 to 7.8) More...
Those Jobs Numbers Really Aren’t So Good Afterall
Oh… so for those people still believing in “Green Shoots” – we’ve got a bridge to sell you in Brooklyn too. Investors.com penned a nice article explaining the ugly truth about those November More...
Sandy leaves a wake of jobless as unemployment increases, especially in the northeast
Hurricane Sandy is getting blamed for the rise in unemployment claims as people seeking unemployment benefits up to a seasonally adjusted 439,000 last week, the highest level in 18 months. The Labor Department More...
Unemployment falls to lowest point since January 2009
The unemployment rate fell to 7.8 percent in September, the Labor Department said Friday, from 8.1 percent in July, its lowest since January 2009. President Barack Obama and members of his staff may feel like they More...
