History News Network:
In a presidential debate in October 2008, moderator Tom Brokaw asked, “Is health care in America a privilege, a right, or a responsibility?” When Barack Obama answered, “I think it should be a right for every American,” he wa (Read More)
CARPE DIEM:
NEW YORK, November 2, 2009 – The Dow Jones Economic Sentiment Indicator (ESI) rose to 36.9 in October, up from 34.1 in September as a result of positive media coverage of ongoing stock market gains and news that the gross do (Read More)
CARPE DIEM:
NEW YORK (AP) — A private measure of U.S. manufacturing activity grew in October at the fastest pace in more than three years, helped by government spending and higher demand from overseas. The better-than-expected reading i (Read More)
CARPE DIEM:
This BusinessWeek article makes the case that: Even if policy supports are ended, home affordability and shrinking inventory point to a sector on the mend. The broad improvement in the housing indicators in recent months lea (Read More)
CARPE DIEM:
Canadian home prices in August were down 3.4% from their pre-correction peak of August 2008, 12 months earlier, according to the Teranet-National Bank National Composite House Price Index. It was the eighth consecutive 12-mo (Read More)
CARPE DIEM:
So far this year 106 banks have failed out of 8,195 FDIC-insured institutions, or slightly more than 1% of all banks. How does that compare to previous periods of financial stress and episodes of bank failures, and is there a (Read More)
CARPE DIEM:
It’s been well-documented here and elsewhere that the recent recession has been especially hard on men, to the point that it’s frequently been referred to as a “man-cession.”But there’s another group that’s been hit equally (Read More)
CARPE DIEM:
The Dow Jones-AIG Commodity Index (^DJC) is a highly liquid and diversified benchmark for the commodity futures market. The Index is composed of futures contracts on 19 physical commodities (e.g. natural gas, live cattle, whe (Read More)
CARPE DIEM:
The Empire State Manufacturing Survey indicates that conditions for New York manufacturers improved significantly in October. The general business conditions index climbed 16 points to 34.6, its highest level in more than fi (Read More)
CARPE DIEM:
By nearly every measure, the economy is tracing out a V-shaped recovery. The pouting pundits of pessimism say that people aren't spending, but retail sales (excluding autos) are up at a 3.9% annual rate so far this year versu (Read More)
CARPE DIEM:
Yahoo! Finance -- Good news for those worried about the economy: "We are in the early stages of the recovery and it looks to be a lot stronger" than the consensus for modest 2%-3% GDP growth, says Lakshman Achuthan, managing (Read More)
CARPE DIEM:
The Bloomberg U.S. Financial Conditions Index provides a daily measure of the relative strength of the U.S. money, bond and equity markets, and is considered a useful gauge of the overall conditions in U.S. financial and cre (Read More)
CARPE DIEM:
WALL STREET JOURNAL -- In a positive sign for the labor market, the number of U.S. workers filing new claims for jobless benefits decreased more than economists expected last week. Initial claims for jobless benefits fell by (Read More)
History News Network:
Chartered in 1770, Williamsburg's "Publick Hospital" was established "for the support and maintenance of Ideots, Lunaticks, and other Persons of unsound Minds" who threatened colonial society. The hospital hoped to restore it (Read More)
CARPE DIEM:
The three-month moving average, Chicago Fed National Activity Index-MA3 , improved for the seventh consecutive month (see charts above). At –1.09 in August (up from –1.61 in the previous month), the CFNAI-MA3 suggests that g (Read More)
History News Network:
John Clevesy had just gotten married. Mr. Clevesy, a graphic design student at Northeastern University in Boston, and his new husband, Damien, were visiting the latter’s family in the United Kingdom when they received some di (Read More)
CARPE DIEM:
Back in early March, as the U.S. and global stocks markets were bottoming out, the odds of third quarter U.S. real GDP growth being positive was only about 25%, according to futures trading on Intrade. As the economic pictur (Read More)
CARPE DIEM:
ARLINGTON, VA — The American Trucking Associations’ (ATA) advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.1% in August, matching July’s increase of the same magnitude. The latest gain raised the SA (Read More)
CARPE DIEM:
Manufacturing activity in the central Atlantic region expanded for the fifth straight month in September, according to the Richmond Fed’s latest survey. All broad indicators—shipments, new orders and employment—landed in posi (Read More)
CARPE DIEM:
WSJ -- The IMF expects the global economy to expand at slightly less than 3% in 2010, said Jörg Decressin, a senior IMF economist, higher than the IMF's July estimate of 2.5%.The chart above plots IMF data for real World GDP (Read More)