CHICAGO, Dec 6- With inflation as low as it is, Chicago Fed President Charles Evans told reporters Friday that he "can't imagine" raising the fed funds rate even when unemployment falls to 6.25 percent, below the threshold the Fed has set for considering a rate hike. The fed funds rate is the rate that banks lend cash to each other overnight.» Read More
Companies are busting out of cost-cutting mode and shifting into gear for growth. What does that mean for the job market? See 10 jobs that will be the most in demand in 2011.
Take your newfound income – that 3.5% of every thousand dollars over whatever level of income you need, and put it immediately and directly into the economy by donating it to charities that assist others with acute needs.
So where are the jobs? Click to see six industries with the biggest pickup in hiring, which companies are doing the most hiring in those sectors, and some of the positions they’re looking for.
It is what will lead the U.S. economy to a self-reinforcing virtuous cycle of increases in production, income, and spending, and it is what will enable risk assets to continue to outperform less risky assets. This condition will prevail for a while. The path to successful investing is to ride these trends and get off before they are discredited, says bond expert Tony Crescenzi.
The fallout from the global crisis of 2008 will continue to impact economies around the world, but the amplitude will be lower, allowing for a return to a more normalized environment for growth and profits. As health returns to economies, so will investment returns.
January in the northern hemisphere is usually the coldest month of the year and it might prove to be a bitter one for euro zone governments trying to raise money in the capital markets, reports the Financial Times.
How much do you know about the finances, facts and figures that made 2010 a year like no other?
It was the year that the economy started to recover and then slid back into a slump — only to offer reason for renewed hope in the final weeks. The New York Times reports.
With anemic property tax revenues and forecasts of more dire financial times ahead, some experts and elected leaders fear that more localities may have to at least consider bankruptcy. The New York Times reports.
It is impossible to generalize something that is inherently case-by-individual case. Therefore, any boilerplate advice or conventional wisdom is bound to omit a key consideration, underweight or overemphasize other considerations, or take too long-term or short-term of a view.
Though many in Washington and Wall Street have applauded the bipartisan tax cut package as a key economic stimulant, there are more than a few skeptics about its potential impact.
The Federal Reserve’s $600 billion stimulus program has done little to lower interest rates and or improve unemployment, though it has boosted stock and commodity prices, a CNBC survey says.
Schools offering a more career-oriented approach to higher education continue to enjoy double-digit growth, fueled by a sluggish economic recovery, accelerated stimulus spending and a more practical student mindset.
Despite a surge this year in short-term hiring, many American businesses are still skittish about making those jobs permanent, the New York Times reports.
The unemployment rate rose in 21 states and Washington D.C. in November, up from the 14 states that showed increases the month before, according to government data released Friday.
Shares of the coffee giant are surging to end the year as investors anticipate a pick up in the employment going into 2011.
The president remains more politically resilient than the mid-term elections suggest— and his adjustment to setbacks may be helping him. Obama leads prospective Republican challengers for 2012.
For both the jobseeker and the happily employed, you want to translate the overall top five list to your specific prospective employer’s or current employer’s top five list.
Come April, some 90,000 freelancers and consultants will file their taxes as a sole proprietor amid the swelling ranks of independent workers nationwide. Here’s a primer on tackling your taxes .
Retirement savings accounts are a growing source of emergency cash for Americans hurt by the weak economy, but withdrawing money prematurely can have serious tax consequences. Here's how to soften the pain.