Topic: Parthenon Group LLC
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Poor unemployment report points to troubled US economy
The US added 69,000 jobs in May, the Labor Department reported Friday – the third straight month of disappointing jobs numbers. The unemployment rate edged higher, to 8.2 percent.
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How Greek economic woes could help US consumers
Fears that Greece may default on its debt are spurring interest in US Treasury bonds, driving down interest rates on mortgages and auto loans – but not (alas) for credit card debt.
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Gold rush? Why gold standard glitters for some in GOP.
Backers of a gold standard – a view popular with many tea party advocates – see a gold-backed currency as a way to rein in government spending and minimize the role of the Federal Reserve.
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So far, Black Friday seems to be bustling. Is the economy improving?
Black Friday weekend may give economists a snapshot of how shoppers are feeling going into the holiday season. Even though some consumer numbers are sluggish, Americans may spend when they hit the malls.
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US economy grew at 2.5%. Will that quiet talk of a double dip?
Growth rate for the US economy was 2.5 percent in the third quarter, the government reported. That's an improvement over the first half of 2011, when concerns escalated about a double dip recession.
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Obama deficit plan: Is there ever a good time for a tax increase?
The Obama deficit plan would raise taxes on the wealthiest Americans, but would it hurt the economy? The answer to that question depends on what happens during the next two years.
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US economy 'has barely budged': 1.3 percent growth in GDP
The GDP grew at an annual rate of only 1.3 percent in the second quarter of 2011, announces the Commerce Department, which also revised first-quarter growth down to 0.4 percent.
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Gas prices skid 25 cents a gallon in past month – and may dip further
Gas prices have fallen to $3.72 since topping out at $3.98 a gallon in May. Plenty of supply and soft demand mean gas prices are likely to keep falling this summer – perhaps another 30 cents a gallon.
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Unemployment rate drops to 9.4 percent, but little cheer in jobless report
The unemployment rate is at its lowest level since May 2009, but this partially reflects some people giving up on job searches.
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