Business & Finance

The Standard & Poor’s 500 Index reflected dismal numbers for May, helping, in part, to instigate an index wide drop in stocks early this month as the stock market – and weary investors – reacted to the halt in domestic manufacturing operations. The S & P was at its lowest …

While it’s no mystery that the U.S. financial market has been on the rebound since virtually collapsing in its entirety in 2006, it’s also not been an easy road to trot down. The slow and agonizing pace of the economic recovery has been has been hindered and hampered at nearly …

Hold on to your hats boys, because the newest relegation in motherhood is that of being a primary household income earner. According to a new study that was conducted by the Pew Research Center, mothers are the primary income earners in four out of 10 U.S. households that have minor …

The economy in the United States is seemingly getting back on par, tit for tat. As the prices of stocks and homes soars to record levels not seen since after the recession and toxic mortgage debt fallout, people are bracing up for a healthy fiscal year. According to recent reports, …

According to the U.S. Department of Labor, the rate of joblessness is on the decline. At the end of last week, Americans filing for unemployment were continuing on a downward trend that’s been apparent since the start of the fiscal year of 2013. Claims dropped by 23,000, down to just …

The National Association of Realtors released a report this week that further emphasizes the slow and arduous climb out of the recession for the U.S. economy, specifically as it relates to real estate sales as the market breaches the toxicity that it was once plagued with. Home sales in the …

It seems that things couldn’t be grimmer for the Obama administration as it tries to pursue a legacy during the President’s second and final term in office. First the Libya embassy bombings plagued him, then gun control followed by unemployment,  and most recently the sniping of private AP records – …

Today marked the start of the sixth quarter that the eurozone has been in a recession, underscored by the austerity measure taking place in Cyprus and in Spain, amongst other countries in the European Union. According to statistics that were presented by the EU yesterday, 9 of the 17 countries …

Treasury 10-year yields are continuing to climb, spurred by a few tangibles, namely the safeness of government debt. As banks renew efforts to help further incubate economic growth, in fervent attempts to awaken it from the recession hibernation it’s been wallowing in, such relative treasure yields have posted a seventh …

The United States Postal Service reported excessive losses of $1.9 billion during the second quarter of this year. If changes are not enacted by congress soon, the troubled mail services provider will struggle to continue delivery of its services to the millions of U.S. citizens that rely upon it. USPS …

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. …

In the most recent news regarding the caffeine wars, Monster Beverage Corp. (MNST) was taken to court today by the city of San Francisco over allegedly catering their marketing efforts towards minors. But wait a tick… last time the law books were checked, there is no law against marketing coffee …

The U.S. dollar is seemingly back in the hot seat after months of fluctuation. It surged against the Yen this week, as the U.S. government reported more jobs added than was previously predicted, which in turn skyrocketed the stock market and increased the value of the dollar. Nonfarm U.S. payrolls …

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 …

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 …