Topic: High Frequency Economics

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Unemployment claims plunge to two-month low

Unemployment claims drop 26,000 to a level of 359,000, the lowest in nine weeks. At this level, unemployment claims typically point to a lower unemployment rate.
Why has this been the slowest economic recovery since WWII?

Feeble growth, little consumer spending, unemployment, and shrinking paychecks have all contributed to making this the slowest economic recovery since the Great Depression.
Stocks fall late, erasing midday gains

Stocks slid in late afternoon trading. The Dow lost 66 points Tuesday to close at 11954, after gaining as much as 126 points earlier. Stocks on the Nasdaq and S&P 500 also suffered losses.
Stocks creep higher after steep losses

Stocks calmed down after Monday's big declines. Stocks on the Dow gained 69 points by noon Tuesday.
After 635-point sell-off, Fed running out of options

It's unlikely the Fed will introduce another round of quantitative easing, say some observers
Wall Street thankful for jobs report after turbulent week

Wall Street, after the worst week in years, heard one good piece of news. Friday's jobs report proved better than expected.
New homes sales drop 8.1 percent in Oct., prices fall

New homes: Sales tumbled in October while the median home price dropped to the lowest point in seven years.