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Janet Yellen

Breaking News about Janet Yellen:

A Bullish Case For Janet Yellen, Our Confused New Fed Chairman

As is well known now, Janet Yellen was confirmed last Monday as Fed Chairman. On its face, this should concern those...
Read more Jan 12 2014, 8:26am CST

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Janet Yellen Just Got Some Wiggle Room (DIA, SPX, SPY, QQQ, IWM, TLT)

Source: Business Insider

The Federal Reserve just got some more wiggle room. The July jobs report showed U.S. economy added 209,000 jobs in July, less than the 230,000 that was expected by economists, as the unemployment rate edged up to 6.2% from 6.1%.  But wage growth was also flat month over month and came in below expectations on a year over year basis, data that is a little inconsistent with employment cost index (ECI) ...
Full article at: Business Insider 8 hours ago

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Gold Prices Fall To Six Week Below Before US Payroll Data

Source: bidness etc

The Dow Jones Industrial Average (DJIA) tumbled more than 300 points or 1.9% on Thursday, however gold prices lost 100 basis points (bps) despite the market slow down. Moreover, the SPDR S&P 500 ETF Trust (SPY) also dropped by nearly 2%. Prices have shown a mixed trend since the start of the year, influenced by the instability in the Middle East and Ukraine as well as the recovery in the US economy, especially employment data ...
Full article at: bidness etc 9 hours ago

Keynes and Copernicus: The Debasement Of Money Overthrows The Social Order And Governments

The United States Senate moves toward the confirmation of Janet Yellen, now posited for next January 6th, as chair of...
Read more Dec 23 2013, 7:16am CST

All eyes on Friday’s jobs numbers, as Canada rides U.S. ‘coattails’ to recovery

Source: Financial Post

OTTAWA — The North American economy may finally be finding its footing. Canada and the United States have shaken off the shocks from severe cold conditions at the start of the year, which nearly halted growth in its tracks here, and actually reversed output by our biggest trading partner. Both countries now appear to be back on course for second-quarter gains that could still come close to original — and until now, optimistic — forecasts. Rela ...
Full article at: Financial Post 22 hours ago, 6:39pm CDT

Asian stocks mixed, US growth weighed by profit-taking

Source: Channel News Asia

HONG KONG: Asian markets were mixed on Thursday (July 31) after US data showing the world's top economy grew much more than expected in the second quarter was offset by late profit-taking.The dollar moved narrowly in Asian trade after briefly hitting a near four-month high and then retreating against the yen in New York as the US growth figures were tempered by a guarded Federal Reserve report. A p ...
Full article at: Channel News Asia 1 day ago, 5:56am CDT


Source: Business Insider

Markets were mixed as GDP data came in better than expected, the Federal Reserve's latest monetary policy decision had no surprises, and the situations in Gaza and Ukraine remained unsettled. First, the scoreboard: Dow: 16,883.28, -28.8, (-0.2%) S&P 500: 1,970.90, +1, (+0.05%) Nasdaq: 4,465.23, +22.4, (0.5%) And now, the top stories on Wednesday: 1. The Bureau of Economic Analysis released its initial estim ...
Full article at: Business Insider 2 days ago, 3:00pm CDT

Latest stories

Katy Perry Praised by President Obama
Katy Perry Praised by President Obama
It was a once-a-lifetime opportunity and the person who availed it was none other than the Firework singer Katy Perry. She was invited to a dinner at the White House in honor of the Special Olympics and Katy decided to show up. Of all the...
Heidi Klum Pic has Zac Posen’s hands on her Naked Boobs
Heidi Klum Pic has Zac Posen’s hands on her Naked Boobs
A recent pic of Heidi Klum had her Project Runway judge Zac Posen’s hands firmly on her naked boobs. It was quite a shocker alright.
Kelly Rowland is Expecting a Baby Boy
Kelly Rowland is Expecting a Baby Boy
The once-upon-a-time member of Destiny’s Child, Kelly Rowland discussed her pregnancy and the food cravings that came with the territory. And she also revealed her baby's gender accidentally.

We've Gotten A Lot Of Crappy Housing Data This Month

Source: Business Insider

Following the winter lull, U.S. housing data had been increasingly positive. But the momentum in the housing market seems to have come to an abrupt halt.  Federal Reserve chair Janet Yellen never quite accepted talking of a housing snapback. During her semi-annual monetary policy report earlier this month she said that U.S. housing market was witnessing a lackluster recovery.  "The housing sector, however, has shown little recent progress, ...
Full article at: Business Insider 2 days ago, 10:02am CDT

U.S. economy rebounds more than forecast in second quarter

Source: Financial Post

Gains in consumer spending and business investment helped the U.S. economy rebound more than forecast in the second quarter following a slump in the prior three months that was smaller than previously estimated. Gross domestic product rose at a 4% annualized rate after shrinking 2.1% from January through March, Commerce Department figures showed today in Washington. The median forecast of 80 economists surveyed by Bloomberg called for ...
Full article at: Financial Post 2 days ago, 8:09am CDT

Janet Yellen follows Ben Bernanke as Fed Chief

Janet Yellen follows Ben Bernanke as Fed Chief
Ben Bernanke will step down as Fed Chief in January. President Obama will nominate Janet Yellen.
Read more Oct 9 2013, 7:35am CDT


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