Federal Reserve Decides to Cut Stimulus Program
Known as tapering
Known as tapering
Hulu will hit $1 billion in revenue for 2013, CEO Mike Hopkins said Wednesday. That amounts to a 43 percent jump in receipts for the subscription and ad-funded streaming video content company, which launched in 2008.
In a blog …
Good news for the construction industry this morning: The Commerce Department announced that on a seasonally-adjusted basis there were 1,091,000 new residential construction projects begun in November, a 22.7% increase, or the …
For more than a century, American children have waited eagerly for Santa to deliver their presents on Christmas Eve. And of course, Santa’s preferred ingress for just as long has been the chimney. But according to this chart from …
The Federal Reserve commenced its final meeting Open Market Committe of the year Tuesday morning, and after a couple of relatively strong jobs reports, market watchers are wondering whether this is the week in which the Fed …
The World Federation of of Stock Exchanges recently updated it’s monthly measure of stock market capitalization, showing that the total value of equity markets in the 58 countries it tracks has reached an all-time high.
Here’s …
One of the worrying trends in the labor market in recent years has been a decline in the percentage of Americans working or actively looking for work. There have always been a large portion of the working-age population …
It’s a good time to buy in Dubai
The Volcker Rule, finalized just last week, is already having a big effect on the Wall Street—with banks losing commodity derivatives business to non-bank companies like BP, Cargill, and Koch Industries. The regulation prevents …
It’s hard to overstate how vital the Christmas shopping season is to the American economy–especially when it comes to retail sales. The National Retail Federation projects that Americans will spend more than $600 billion on …
Unless economists are wrong—which, it turns out, they often are
The Federal Housing Finance Authority — overseer of housing giants Fannie Mae and Freddie Mac — finally got a new Director when North Carolina Congressman Mel Watt was confirmed to the post by the Senate yesterday. The move was …