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Business & Finance Archives - Invest Smart
Thursday , April 25 2024
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Tag Archives: Business & Finance

Fed to US: Recovery “Moderate,” “Measured” and “Modest”

According to a recent report that was issued by the U.S. Federal Reserve, economic recovery is considered to be on pace. The agency was certain to note that while recovery is coming along, that it’s at a snail’s pace, coining the current pattern as “moderate,” “modest” and “measured.” This comes …

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Wall Street Notches Fifth Consecutive Day of Gains

JPMorgan Chase & Co (JPM.N), Whole Foods Market Inc (WFM.O), and several others notched impressive gains at the close of the market yesterday, underscoring the fifth straight day of gains for Wall Street. Technology stocks also fared well, with Apple (AAPL.O) gaining nearly a full point by close of day. …

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Private Sector Job Growth Less Than Expected in April, According to ADP

While America is on the slow track to recovery, it’s important to be mindful that recovery is, by its mere continence, a long, arduous process. During the month of April, private sector job growth was slowed down to only 119,000, says ADP (Automatic Data Processing, Inc.). Private employers only grew …

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Forecasters Say US Economy Still Needs Recovery Time

Forecasters had anticipated that the US economy would grow at a projected 3 percent rate, but have since rescinded that notion. Today the Bureau of Economic Analysis released its advanced projections, much to the dismay of investors abroad. US economic output only increased at 2.5 percent, half a point shy …

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Dow Jones About to Break All-Time High; Worries of China Slowing Stock’s Climb

Mark Luschini, chief investment strategist at Janney Montgomery Scott, had some wonderful news to deliver this Monday morning as investors eagerly watched the index and monitored their gains and losses, in lieu of a virtually record breaking day in the stock market. “The Dow is what gets all the news …

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What Bad Economy? ADP Shows 198k Jobs Added in ’12

The Roseland, New Jersey-based ADP Research Institute today unveiled its numbers for total job gains in the nation for last year, and they actually look pretty good. According to ADP, more than 198,000 were added in 2012 in the U.S. In conjunction with that report, a recent report that was …

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