Topic: Economic Indicators
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Immigration reform bill: Top 8 changes GOP senators want
More than 300 amendments were submitted for possible inclusion in a sweeping immigration reform package – at least 100 of them from two Republicans, Sens. Charles Grassley of Iowa and Jeff Sessions of Alabama. Here are eight notable changes GOP lawmakers want to see in bill, as the Senate Judiciary Committee takes up amendments between now and Memorial Day.
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Fortune 500: Top 10 companies in 2013
Fortune has released its annual list of the largest corporations in the United States, and there were a few notable changes in this year’s group. Here are the Top 10.
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Top 5 bull markets since 1929
The bull market that started in 2009 is currently the fifth most spectacular rise in stock prices since at least 1929. Can you guess which bull markets have been even more impressive?
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World's five largest companies
For the first time in nearly a decade, the world’s five largest public companies are all American affair These are the Top 5, as of mid-April 2013.
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Immigration reform: where things stand now
As congressional negotiators approach their self-imposed targets of early April to lay out immigration reform legislation, some notorious sticking points appear to be more well-settled than others.
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Latin America Monitor Inflation plays role in Argentine teacher strike
President Cristina Fernández de Kirchner’s refusal to accurately report Argentina's soaring inflation rate has led to a strike by teachers in 17 provinces – granting more than 5 million children a few extra days of summer vacation.
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Global markets drop with no clear winner in Italian elections
Some election results in Italy are inconclusive, as of Tuesday. And world economic markets are reacting to the news in a negative manner.
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Robert Reich Where have all the customers gone?
It used to be that when consumers spent less, government stepped into the breach and spent more in order to keep people employed, Reich writes. No longer is that the case, he adds.
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Why is Wal-Mart worried? Payroll tax could cut consumer spending. (+video)
Recent reports forecast lower spending for this year, anticipating that the restored payroll tax will impact consumers' wallets, especially low-income earners. Wal-Mart is adjusting its strategy.
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EU says eurozone economy will shrink this year
Eurozone economy will contract 0.3 percent, the European Union predicts, but bottom out in the first half of 2013. Eurozone growth estimate for 2014: 1.4 percent.
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Behind-the-scenes deal pushes immigration reform closer to reality
The US Chamber of Commerce and the AFL-CIO came up with a framework for solving one of the thorniest issues in immigration reform. The agreement shows momentum is growing.
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Pentagon braces for furloughs in sequester: How big a hit to economy? (+video)
Thousands of Defense Department civilian employees could be furloughed if Congress proceeds with the automatic federal spending cuts poised to take effect in March under the sequester.
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Paper Economy Jobless claims jump to 362,000
Jobless claims increased by 20,000 to 362,000 claims from 342,000 jobless claims for the prior week.
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Stocks fall following Federal Reserve minutes
Stocks closed down on Wall Street Wednesday as details of the Fed's January meeting seemed to catch stock investors by surprise.
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Paper Economy A mixed January for residential construction
Residential construction permits rose in January, but total residential construction starts declined, according to the New Residential Construction Report.
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Tax VOX Congress makes bipartisan push for online sales tax
Republicans and Democrats have signed on to legislation that would allow states to collect taxes on what consumers buy over the Internet. The measure would finally resolve a decades-old dispute over whether states can collect sales taxes on mail-order and online purchases, Francis writes.
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Keystone XL? 'Shut it down' protestors say, Senators ask Obama to approve it
This weekend thousands protested in Washington against the Keystone XL pipeline. The protests followed a push by a bipartisan group of senators asking President Obama to approve the pipeline.
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Stocks waver as Europe's economy slows
Stocks ended roughly where they started Thursday as European economic woes eclipsed a promising US jobs report. After a strong start, stocks have drifted sideways over the previous week with few major events to sway investors.
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State of the Union 101: Nine Obama proposals that might create jobs
A trade pact with the EU. Rebuilding roads and bridges. Innovation centers for manufacturing. Obama put forward a lot of proposals in his State of the Union address, but which ones will add the most jobs?
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Robert Reich Why the budget deficit is not 'the transcendent issue of our time'
The Republican’s biggest economic lie is that the budget deficit is, in Sen. Mitch McConnell's words, “the transcendent issue of our time,” Reich writes. The transcendent issue is jobs and wages, he adds.
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President Obama's State of the Union address full text
The text of the State of the Union address as prepared for delivery by President Barack Obama, and provided by the press office of the White House.
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The Monitor's View: Are Obama's state-of-the-union ideas the antidote to economic fears?
As President Obama travels after his State of the Union speech to rally support for his proposals, he must also deal with a rising mood of pessimism about the economy. Fear of the future must not be allowed to feed on itself.
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At core of Obama's State of the Union address: the middle class (+video)
Job creation and building the middle class will get special emphasis in President Obama's State of the Union address Tuesday, administration officials say. Will the speech also make liberals glow, as his inaugural did?
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Secured credit cards: Get beyond these Top 5 myths
Often derided as tools for consumers with horrible credit, secured credit cards can be a great credit-building tool. Here are five myths debunked to help you understand how to use secured credit cards to maximum advantage.
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Latin America Monitor Where's the most expensive McDonald's Big Mac in the world?
Clue: It's also homeplace of the world's cheapest gas.
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Obama will pivot back to jobs in State of the Union
President Barack Obama is expected to readdress job creation and the economy in his State of the Union address Tuesday, speaking on how improvements to education, clean energy production, and reducing the deficit could lead to economic growth.
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Opinion: US manufacturing is key to competitiveness
US global competitiveness is slipping. But there is some good news: US manufacturing is in the midst of a revival. Preparing a skilled workforce for the manufacturing sector should be one of the Obama administration’s top economic priorities. This can boost competitiveness.
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Paper Economy Jobless claims drop to 366,000
Jobless claims declined by 5,000 to 366,000 claims from 371,000 jobless claims for the prior week.
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The Monitor's View: Higher ed and lower jobs: What's needed in the new economy
More jobs rely on intangible qualities rather than measurable goods, knowledge, or skills. Countries and colleges, too, must look to the invisible assets of social, intellectual, and organizational 'capital."
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Paper Economy Jobs report: Unemployment ticks up to 7.9 percent
Friday's jobs report shows that the unemployment rate ticked up slightly to 7.9 percent.
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