Stocks set to continue rally ahead of jobs reportThursday, September 9, 2010 @ 7:37AMStock prices were set to continue their rally Thursday as investors prepare for a new report that is expected to show unemployment claims fell for the third straight week. The Labor Department is expected to report people requesting unemployment benefits for... Business - Unemployment benefits - United States Department of Labor - Investing - Stocks and Bonds
Another Stage of US Recession Just Round the CornerThursday, September 9, 2010 @ 7:36AMMany US media outlets said today that the words “recession’s second wave” were no longer just a speculation. Russian economists believe, though, that there is no need to panic. There are serious economic problems in the United States indeed, but they are not likely to develop into something serious.
Baldwin Times FlashbackSaturday, September 4, 2010 @ 12:40AMEditor’s note: In conjunction with our new weekend edition of The Baldwin Times, we are introducing “Baldwin Times Flashback.” Each week in this new feature we will present glimpses of what Baldwin County readers perused in the publication’s early days, which date back to the late 19th century.
Treasury 10-Year Notes Drop, Yield Curve Steepens on Jobs GainFriday, September 3, 2010 @ 11:42PMTreasury 10-year notes and 30-year bonds dropped for a second week for the first time since April as a bigger-than-forecast gain in company payrolls eased concern the U.S. economy was falling into another recession.
Why cheaper money won’t mean more jobsFriday, September 3, 2010 @ 9:04PMCan the Federal Reserve rescue the economy by making money even cheaper than it already is? A debate is being played out in the Fed about whether it should return to so-called “quantitative easing” — buying more mortgage-backed securities, Treasury bills and other bonds — in order to lower the cost of capital still further. The sad reality is that cheaper money won’t work. Individuals aren’t ...
Daily BriefingFriday, September 3, 2010 @ 8:39PMToday's business news in brief
Option players have adopted a bearish stance on K latelyThursday, September 2, 2010 @ 1:02PMWelcome to Sector Style, a weekly series for all you savvy speculators who wish to stay on top of the latest trends in the trading world...( Read More )
Summary Box: Mortgage rates hit low of 4.32 pct.Thursday, September 2, 2010 @ 12:50PMRECORD LOWS: Mortgage rates fell to the lowest levels in decades for the tenth time in 11 weeks, mortgage buyer Freddie Mac said Thursday. The average rate for a 30-year fixed loan was 4.32 percent. The 15-year fixed loan hit 3.83 percent. WORRIES ABOUT... Mortgage - Freddie Mac - Business - Loan - Financial Services
Summary Box: Mortgage rates hit low of 4.32 pct.Thursday, September 2, 2010 @ 12:50PMBy The Associated Press RECORD LOWS: Mortgage rates fell to the lowest levels in decades for the tenth time in 11 weeks, mortgage buyer Freddie Mac said Thursday. The average rate for a 30-year fixed loan...