Category: Business

Company Layoffs 324,000 - 4-week avg. of initial claims for jobless benefits - August 16, 1997 318,000 - 4-week avg. of initial claims for jobless benefits - August 18, …

Retail Sales Overall retail sales in July rose 0.3%. That was above the gain expected by Wall Street and substantially above a decline posted in June. Consumer spending accounts …

A new Harvard study shows newspapers and television losing news audiences to the internet. The AFP report is at Breitbart.com: News audiences are ditching television and newspapers and using …

The latest brilliant idea to raise taxes "on the rich" targets so-called "private equity partnerships," including hedge funds, and aims to take away their ability for profits to be …

The danger of doing nothing lies with the herd mentality of markets in stampede mode. Many sound financial institutions could be swept up in the crisis of confidence even …

Political demagoguery threatens pending free trade pacts with South Korea, Colombia, Peru and Panama, as The Detroit News notes: Democrats in Congress, along with some Republicans, are promoting protectionism …

We're hearing a good bit of noise surrounding the end of the super-boom in housing and the high default rates in the "subprime" mortgage sector, but what does it …

The markets' free fall may have ended this afternoon as the Federal Reserve Board pumped another $38 billion into the banking system to avoid the feared liquidity crisis, matching …

Federal Spending & Revenue The annual increase in federal spending at present is below the prevailing inflation rate. So far this fiscal year the annual federal budget deficit is …

I don't talk about The Day Job much. I try to keep it separate from my blogging, but every now and then something happens that forces me to cross …