Existing home sales in the United States rose to their highest level since 2007, according to a report from the National Association of Realtors. The rate increase helped push all regions, minus the Midwest, to experience sales gains in January. Economists forecasted sales of existing homes to increase by 1.1% in January, increasing to an […]
US perplexing Putin with new round of economic sanctions
On September 12, 2014 during a press conference following the Shanghai Cooperation Organization summit, reporters hijacked the news conference to talk about the new economic sanctions against Russian by the United States and the European Union. Putin did respond to the reporters questions in frankness and honesty saying the new economic sanctions strike him as […]
“I cannot fathom what these latest sanctions are actually about”, said Putin
On September 12, 2014 during a press conference following the Shanghai Cooperation Organization summit, reporters hijacked the news conference to talk about the new economic sanctions against Russian by the United States and the European Union. Putin did respond to the reporters questions in frankness and honesty saying the new economic sanctions strike him as […]
Putin responds to US economic sanctions calling it very “strange”
On September 12, 2014 during a press conference following the Shanghai Cooperation Organization summit, reporters hijacked the news conference to talk about the new economic sanctions against Russian by the United States and the European Union. Putin did respond to the reporters questions in frankness and honesty saying the new economic sanctions strike him as very strange. The exchange […]
Latest BLS Data Finds Increased Unemployment Rate for Adults Without a Degree; Nearly One Million Am
New data released by the Bureau of Labor Statistics (BLS) last week reports that the seasonally adjusted unemployment rate for American adults with only a high school diploma and no college was 9.7 percent for April 2011, up from 9.5 percent in March. Additionally, the number of discouraged workers increased seven percent from the month […]
Dollar Drops, Pushes Oil Above $35
The United States currency, dollar, which serves as the medium of oil transaction at the global market dropped in value on Thursday, encouraging investors to buy more crude in a development that pushed crude prices above $35 a barrel. A report by the U.S.Federal reserve, predicting a sharper economic contraction and raising forecasts for unemployment […]