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In the U.S., jobs paying between $14 and $21 per hour made up about 60% those lost during the recession, but such mid-wage jobs have comprised only about 27% of jobs gained during the recovery through mid-2012. In contrast, lower-paying jobs constituted about 58% of the jobs regained. [11]
Some pundits and skeptics have serious doubts about the S&P 500’s ability to pull off the hattrick of 20% return years. Wells Fargo (NYSE:WFC) senior market strategist Scott Wren thinks that ...
The labor market continues to add jobs. According to the BLS’s Employment Situation report, U.S. employers added 272,000 jobs in May. It was the 40th straight month of gains, reaffirming an ...
Recessions. Quantitative tightening (QT) is a contractionary monetary policy tool applied by central banks to decrease the amount of liquidity or money supply in the economy. A central bank implements quantitative tightening by reducing the financial assets it holds on its balance sheet by selling them into the financial markets, which decreases asset prices and raises interest rates. [1]
Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos were program trading and illiquidity, both of which fueled the vicious decline for the ...
From stock market news to jobs and real estate, it can all be found here. ... Conventionally attractive people make more money, and have more successful careers, study says ... CBS News 3 months ...
Year-end: A total of 1,117,426 properties received foreclosure notices in 2014, an 18 percent decrease over 2013, 61 percent down from 2012, and the lowest since 2006. 0.85 percent of all households were in some stage of foreclosure during 2014.
A fresh reading from the University of Michigan showed consumers' year-ahead inflation expectations jumped to 3.3% in January from 2.8% the month prior. Meanwhile, long-run inflation expectations ...