Fed Chief: American Jobs in Peril, Millions Won’t Return To Work
Federal Reserve officials predict that millions of Americans who have lost their jobs due to the Coronavirus Pandemic may never get them back. “Unemployment remains historically
Industries and Employers Cheer as Employment Rate Rises
It’s the second month and U.S. is probably experiencing an acceleration in the hiring process. Looks like 2012 has begun on the right track. The Labor Department declared Friday
Poverty Rate Crosses 15%, highest in over 50 years: U.S Census Bureau
Household incomes among Americans have fallen sharply, accompanied by a rise in the number of people living below the poverty line to 46.2 million, the highest in over 50 years, ac
Further Easing, QE3, possible; Federal Reserve Chief Ben Bernanke
Federal Reserve Chairman Ben Bernanke indicated yesterday that a third round of easing is an option if economic conditions worsen further, after a meeting in Washington with U.S ce
Markets fall with Bernanke’s speech on “frustratingly slow” recovery
Markets dropped accompanied by a weaker dollar with U.S. Federal Reserve Chairman Ben Bernanke expressing concerns about global economic recovery. While forecasting a pick-up in th
OPEC meeting to focus on output quotas and triple-digit oil prices
The Organization of Petroleum Exporting Countries (OPEC), scheduled to convene in Vienna on Wednesday, is likely to face significant pressure towards increasing output, in a meetin
