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Yes, you read that right. Get ready for the next housing boom. You're probably thinking, “How can that be?” With all the mortgage delinquencies and foreclosures, and record levels of housing...
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The price of gasoline is perhaps the price consumers notice more than any other. They see it prominently displayed every time they drive by a gas station and they feel it right in their wallet every...
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In Warren Buffett’s annual letter to Berkshire Hathaway shareholders, in addition to discussing the company’s business operations, he typically singles out individuals he believes have done an...
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Last year at this time there was real hope that the housing market was on a sustained path to recovery. The S&P/Case-Shiller Index showed home prices in January 2010 up 4.3 percent from their...
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Stocks suffered a resounding selloff Thursday, with major indexes falling almost 2 percent. The selling was blamed on any number of factors, including Moody’s downgrade of Spain’s credit rating,...
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Warren Buffett’s much-anticipated annual letter to Berkshire Hathaway shareholders was released this past weekend. Along with the regular pithy and humorous comments Buffett is famous for (such as...
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A long time ago, a young girl named Juliet asked Romeo, “What’s in a name?” Unfortunately, Juliet learned that the wrong name could mean death. Ever since Deutsche Borse announced its intention...
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Each month, the Conference Board publishes its index of Leading Economic Indicators, which has been on the rise. The stock market is one of 10 leading indicators and the S&P 500 is up 30 percent...
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You can try blaming the rioting in Egypt, lower-than-expected GDP growth, and disappointing guidance from bellwether Amazon for Friday’s selloff in stocks. Most likely, however, the real culprit was...
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The goal of every first-term president is to secure a second term. When Republicans made huge gains in the mid-term elections last November, President Barack Obama referred to it as a “shellacking...
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Prices for goods and services are rising, which can be bad news for consumers and for investors. The Consumer Price Index climbed 0.5 percent on a seasonally adjusted basis from November to December...
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The Bureau of Labor Statistics (BLS) has an interesting graphic on its website. On one side is a chart showing the unemployment rate in 2009 by level of education. Although the average unemployment...
