Over the past several decades, some very alarming long-term economic trends have developed that are absolutely destroying the economy. Here are 50 hard facts and statistics that show the negative trends in several areas of the economy. If dramatic changes are not made soon, a complete and total economic collapse becomes a possibility
The state of Kansas violated a Jehovah's Witness' constitutional right to exercise her religious faith when it denied her request for an out-of-state liver transplant, a state appeals court ruled.
Seventy out of 278 parks will be closed down to save money for California State, Gov. Jerry Brown's administration announced on Friday.
Over the past decade, the number of middle class jobs has fallen by about ten percent. There is a reason for this. America is becoming poorer. The economic pie is shrinking. When we ship 40 to 50 billion dollars into the hands of foreigners every single month, that means that there is a lot less wealth for all of us to divide up.
Economists have become less optimistic about the U.S. growth outlook but slightly more upbeat about the job market, though employment is still seen recovering only slowly from a deep slump.
Global equity markets, commodities and currencies continue to move lower on the heels of concerns about Greece
There's no such thing as home sweet home if the place you live in is making you depressed. If your place is giving you mental stress, it will greatly affect you. Some states are depressive because of the economic instability and the inadequate access to health care. Here are the top 10 most depressing states in the U.S.
U.S. claims for unemployment aid fell sharply last week but slightly less than analysts expected after a surprisingly big rise the prior week, a government report showed on Thursday.
U.S. claims for unemployment aid fell sharply last week after a surprisingly big rise the prior week, a government report showed on Thursday.
Public services have been halted including trains, ferries and flights have been disrupted by the protests in Athens on Wednesday morning.
Greece has been brought to a standstill by a massive strike called by labor unions to protest to government’s austerity programs.
The Islamic Republic of Iran finds itself grappling with new realities in a Middle East that has been turned upside-down by an unprecedented wave of revolt and rebellion
Today’s release of April’s jobs data was a real game changer for investor psychology.
Companies created jobs at the fastest pace in five years in April, pointing to underlying strength in the economy even as the jobless rate rose to 9.0 percent.
Silver Bullion rallied from a drop below $34 per ounce, the fifth daily plunge running and some 31% below last Thursday's new three-decade high. Dollar prices to Buy Gold whipped in a $10 range Friday morning in London, trading up to $1488 per ounce - some 5.5% below Monday's record-high spike- as European equities and global commodities stemmed their losses.
Economists have varying estimates as to what levels of non-farm payrolls gains it takes to heal the jobs market. Their number is usually between 100,000 and 200,000 per month.
Though the unemployment rate did tick up to 9%, the U.S. economy had a net increase of 244,000 jobs in April.
The White House and Republicans agreed on Friday that jobs growth is not coming quickly enough despite the latest report showing that private sector jobs growth has continued to growth for the last 14 months.
The latest jobs report released Friday was welcome news but nowhere close to where it should be thanks to tax uncertainty and spending plans being put forward by Democrats in the White House and the Senate, House Speaker John Boehner said.
Non-farm payroll jumped by 244,000 for the month of April, reported the Bureau of Labor Statistics (BLS).
The number of Americans filing for jobless aid rose to an eight-month high last week and productivity growth slowed in the first quarter, clouding the outlook for an economy that is struggling to gain speed.
The number of Americans filing for jobless aid rose to an eight-month high last week and productivity growth slowed in the first quarter, clouding the outlook for an economy that is struggling to gain speed.