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Total unemployment increases slightlyIn May,聽 'total unemployment,' including all marginally attached workers, increased to 14.8 percent,聽 while the traditionally reported unemployment rate increased slightly to 8.2 percent.
Hurricane season: a car preparation checklistIf you live near the Gulf or Atlantic coasts, it's time to prepare for another hurricane season. Here are seven tips for keeping you, and your car, safe from the storm.- Gas prices fall below $3 in two statesGas prices are silver lining in economic gloom. Since April, gas prices are down more than 30 cents a gallon and experts predict more decline.
Starting a side business doesn't have to break the bankIt doesn't have to cost much, but a successful side business does take up a lot of time. Before launching, make sure you're willing to make that commitment.- Credit cards: Top 5 cards for gradsCredit cards for high school and college graduates offer cash back and, most importantly, no annual fee. If you're not sure you qualify for regular credit cards, there's an option for you, too.
Is the GOP tax reform strategy a fiscal trap?As a matter of pure tax policy, our tax analyst analyzes the different option on the table. Ideally, Congress should build the best possible tax base and then adjust the rates to meet an agreed-upon revenue target. But in a partisan Congress, few things are 'ideal.'
America's high wire act: The economic recovery stallsAccording to today's jobs report, the nation is perilously close to falling into another recession as the unemployment rate rises for the first time in almost a year and the latest payroll survey shows minimal growth.
Dow plunges 275 points: Is stock market starting to smell recession?A poor US jobs report Friday sent the stock market down sharply, and other economic data coming in from Europe and China also did not boost optimism.聽
Obama's take on gloomy jobs report: Congress hasn't done enoughFollowing the politically damaging jobs report, Obama spoke at an event near Minneapolis promoting jobs for veterans. His message to Congress: 'Now's not the time to sit on your hands.'
Retreat from stock market, impending European implosion worryingAn overall retreat from the US stock market, coupled with worries of a global recession and bear market has Bonner predicting investors won鈥檛 be getting off the hook very easily. The odds are high enough for him to advise wise investors to start looking for cover.- US jobs report: a cold blast of fearUS adds only 69,000 net jobs, the smallest gain in a year. Employers pull in their horns in the face of fears over the eurozone and worries about the US elections and the expiration of tax cuts.
- Poor unemployment report points to troubled US economyThe US added 69,000 jobs in May, the Labor Department reported Friday 鈥 the third straight month of disappointing jobs numbers.聽The unemployment rate edged higher, to 8.2 percent.
April showers bring May flowers, not entrepreneurial growthWhile a new crop of May flowers may be blooming in Dr. Cornwall's garden, our entrepreneurial expert is less than sunny about the recent lack of growth shown by US small businesses, as measured by a variety of indices.
A recovery-less recovery? Analyzing the unemployment numbersToday's reports showed that conditions for the long term unemployed worsened notably in May and remained distressed by historic standards. Workers unemployed 27 weeks or more increased to 5.411 million.
National Donut Day: Free doughnuts inspired by WWINational Donut Day celebrates the women who served doughnuts to US troops overseas in the first World War. Get free doughnuts for National Donut Day at Krispy Kreme, Dunkin Donuts, and other chains.
Two heavyweights of economic statistics released this weekThe two heavyweights of economic statistics are released this week, but the with both the job market stats and numbers on economic growth, competing systems of data collection and presentation can sometimes create confusion.
Why Coke and McDonald's balk at big-drink ban in Big AppleBig Drink Ban: New York is a mega-market, but more importantly, the city sets the pace for other cities. Coke and other soft drink companies see trouble if the New York City big-drink ban spreads.
US economy weakens, unemployment rate rises to 8.2 percentUS employers added just 69,000 jobs in May, the lowest number in a year. The economic slowdown is bad news for President Barack Obama ahead of the November elections.
Spain capital flight doubles as risk of European bailout risesCapital flight from Spain has doubled to a new record and the country has demanded the European Central Bank recapitalize its teetering financial system, warning that the alternative is a broader bailout that could rock the European economy.
Properly used, a programmable thermostat cuts energy costsIf your household adjusts the temperature in your home, particularly in a clear pattern, a programmable thermostat (used properly) can really save you money, and pays for itself after just a few months of use.
