Latest News

  • 02/29/2012 Study-Some Americans unaware they can make deductions on tax returns:  The results of a new survey reveal that one-in-10 U.S. adults aren't aware that deductions can be made on their federal income tax returns.
  • 02/29/2012 Gold and silver fall on news from Fed:  The future cost of gold and silver fell the sharpest in two months after the Federal Reserve signaled it will not offer more monetary stimulus to bolster the country's economy Bloomberg recently reported.
  • 02/28/2012 US stocks pare gains despite surge in consumer confidence:  The U.S. stock market fell slightly Tuesday on the backs of industrial and energy stocks, which retreated after an earlier rally yielded promise with a rise in consumer confidence, according to a February 28 report from Bloomberg posted at 1:13 p.m. Central Time.
  • 02/28/2012 Consumer confidence increases in February:  The U.S. economy is on a positive upswing, according to the latest Conference Board Consumer Confidence Index, which revealed an increase for February, after it experienced a decrease the month before.
  • 02/27/2012 U.S. stocks climb on housing sales data:  U.S. stocks climbed thanks in part to a better than anticipated increase in pending home sales helping the market recover from an early drop, according to a February 27 report from Bloomberg, published at 12:31 p.m. Central Time.
  • 02/27/2012 Report-Number of consumers switching banks rises again:  A recent report from J.D. Power and Associates reveals that the rate at which bank customers are switching service providers is driven by issues with fees and less than ideal service.
  • 02/24/2012 Housing starts up nationwide:  Recent data analysis from the U.S. Commerce Department by the Interface Financial Group reveals housing starts increased throughout the country in January.
  • 02/24/2012 Citigroup admits security breach:  Citigroup, the third largest lender in the United States, recently announced that cyber attackers penetrated its customer accounts last year and the threat of electronic intrusions went up, according to a report from Bloomberg.
  • 02/24/2012 Dow Jones hits highest level in nearly four years:  The Dow Jones Industrial Average reached its highest level in close to four years, according to a February 23 report from Bloomberg published at 2:35 p.m. Central Time.
  • 02/23/2012 Survey-Americans wary of investing:  A recent survey from CouponCabin.com shows that close to four in 10 U.S. adults do not currently have investments, and three in four Americans between 18 and 34 do not currently invest in retirement accounts.
  • 02/22/2012 Kelley Blue Book forecast-Auto sales strong in February:  A new report from Kelley Blue Book, a top provider of used and new car information, reveals auto sales in February could surpass 1.05 million units and reach a 13.8 million seasonally adjusted annualized rate, which would be a 6.4 percent improvement compared with the same period last year.
  • 02/21/2012 UPS bid for TNT rejected, negotiations continue:  United Parcel Service is continuing to press negotiations with TNT Express NV, Europe's second largest package delivery company, in an attempt to buy the business.
  • 02/21/2012 Greece bailout pushes US stocks to new high:  Prior to news breaking that Greece would receive a second bailout, U.S. stocks advanced, bringing the Standard and Poor's 500 Index near its highest level in close to three years, according to a February 17 report from Bloomberg.
  • 02/17/2012 Shrinking unemployment signals economic turnaround:  Recent data analysis indicates an improving economy, as the number of jobless claims dropped to its lowest point in nearly four years.
  • 02/17/2012 Study examines consumer debt, credit by generation group:  A recent Experian consumer credit trends study found a generational gap in terms of debt, with Generation Xers having more debt than Baby Boomers and Boomers posting significantly higher credit scores.
  • 02/16/2012 FOMC members see need for more bond purchases:  Members of the Federal Open Market Committee recently announced the central bank could soon have to consider more asset purchases, according to a recent report from Bloomberg.
  • 02/16/2012 Consumers reward Toyota for dependability:  A recent report from J.D. Power & Associates shows Toyota Motor Corporation leads automakers with the fewest reported problems by its owners of 3-year-old cars.
  • 02/15/2012 ETFs and index funds examined:  A recent report from ETF trends reveals the growth experienced by exchange traded funds is being driven partly by investors who are shifting from transitional index funds to ETFs.
  • 02/15/2012 US stocks fall in light of retail sales:  U.S. stocks dropped during the early evening of Feb. 14 on the heels of new data analysis showing growth in retail sales was less than expected and continuing concerns with Greece's economy, Bloomberg reported.
  • 02/15/2012 Boeing signs record $22.4 billion aircraft order:  Boeing has signed a 230-aircraft order from Lion Mentari Airlines, an Indonesian budget carrier PT, worth $22.4 billion in list prices.
  • 02/14/2012 Consumers interested in price, fuel economy when buying a new car:  Consumers who are in the market for a new car consider the price more than any other factor, according to a recent survey conducted for CarMax.
  • 02/14/2012 Apple shares surpass $500:  Apple shares recently rose above $500 for the first time, following a two-week gain fueled by strong first quarter earnings.
  • 02/14/2012 Harris Poll gauges corporate reputation among consumers:  The 13th annual Harris Poll Reputation Quotient Study assessing corporate reputation among consumers of the nation's most visible businesses said Apple and Google owned the top two spots, respectively.
  • 02/13/2012 US stocks rise in wake of Greek austerity plans:  U.S. stocks climbed following the first weekly loss for the Standard and Poor's 500 Index in 2012, according to a February 13 report from Bloomberg.
  • 02/13/2012 BMW faces competition in luxury car market:  Although BMW won the luxury car market in the United States last year, it is facing stiff competition for the same title this year. However, the auto manufacturer is shoring up its standing with the fuel efficient 3-Series.
  • 02/10/2012 Consumer spending report released in time for Valentine's Day:  A recent survey from Visa released just in time for Valentine's Day shows that American consumers are spending less this year on their special someone than they did in 2011.
  • 02/10/2012 Deloitte releases survey on consumer spending:  The recently released Deloitte Consumer Spending Index found a continued downward trend in January for consumer spending, which is expected to face added economic pressure for the rest of the year.
  • 02/10/2012 ProShares announces launch of new ETFs:  ProShares, the fourth most successful exchange traded fund company in the United States today, recently announced the launch of the first 10-year breakeven inflation ETFs.
  • 02/10/2012 BlackRock-ETFs draw highest flows in more than a year:  Recent data analysis from New York-based BlackRock shows that exchange-traded funds attracted the most money in 16 months in January.
  • 02/09/2012 Sprint sold 1.8 million iPhones last quarter, losses widen:  Sprint Nextel Corporation recently reported increasing losses for the fourth quarter of 2011, the first three-month period in which it offered the Apple iPhone, according to a recent report from Bloomberg News.
  • 02/08/2012 Unemployment rate questioned due to number of job seekers:  A recent report from Bloomberg shows the latest unemployment rate
  • 02/08/2012 Stocks change little following highest Dow Jones Industrial Average in four years:  According to a report from Bloomberg published February 8 at 1:29 p.m. CST, U.S. stocks changed little a day after the Dow Jones Industrial Average climbed to its highest level in four years.
  • 02/08/2012 Dow Jones hits highest level in four years:  U.S. stocks rose, bringing the Dow Jones Industrial Average past its highest closing level since May 2008, according to a recent report from Bloomberg.
  • 02/07/2012 Deloitte survey-Employees not financially prepared for retirement:  A recent survey from Deloitte reveals that 401k plan sponsors are less confident than in previous years about employees' financial preparedness for retirement.
  • 02/07/2012 Consumer Reports Index released:  The Consumer Reports Index for February reveals that although conditions improved, gains were uneven, with sentiment gaining ground and spending and employment weakening.
  • 02/07/2012 U.S. equities decline amid Greek austerity negotiations:  U.S. equity markets declined on February 7, as discussions related to proposed Greek austerity measures continued.
  • 02/06/2012 U.S. equities decline amid European debt concerns:  U.S. equities depreciated on February 6, as the sentiment of investors was affected by concerns related to Greece's financial situation.
  • 02/03/2012 U.S. economy adds 243,000 positions in January:  The U.S. Department of Labor released its January jobs report on February 3, which indicated that the economy added 243,000 jobs during the period.
  • 02/02/2012 Jobless claims decline for week ending January 28:  The Labor Department released a report on February 2, which indicated that jobless claims dropped during the week that ended on January 28.
  • 02/01/2012 ISM manufacturing index increases in January:  The Institute for Supply Management released its manufacturing report on February 1, indicating that its index of activity in the sector increased to 54.1 in January from 53.1 in December.
  • 02/01/2012 Northrop Grumman Corp's 4Q11 profits surge 80 percent:  Military manufacturer Northrop Grumman Corporation released a report on fourth-quarter earnings for 2011 on February 1, which indicated that profits from continuing operations surged 80 percent from the same period last year.
  • 02/01/2012 Companies hired 170k in January, says ADP report:  New Jersey-based ADP Employer Services released its most recent ADP National Employment Report on February 1, which indicated that U.S. employers added 170,000 positions to their payrolls in between December and January.

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