Paychex's Small Business Jobs Index declined 0.02 percent from last month and 0.74 percent from a year earlier.
Currency has gained about 9 per cent against the US dollar in a year
American stocks saw the worst start in April since the Great Depression, as Chinese retaliatory tariffs spooked investors in the world’s largest economy.
All the day’s economic and financial news, as European markets fall following last night’s Wall Street rout
"A target of $1,400 is within reach by the end of the second quarter."
For those who place faith in technicals, there's a long way down until the next shelf on a monthly chart.
- In less than a decade. That’s a lot of new debt...
"People compare debt to addictive drugs, and as with some of those drugs, the dose needed to achieve the desired effect tends to rise over time."
"Wall Street banks that charge 15 to 20 percent on credit cards are holding trillions of dollars in FDIC-taxpayer-insured U.S. deposits on which they are paying less than two percent interest."
Researchers at ETH Zurich say they may have found an answer: Bitcoin’s value is based on the network of people who use it. And they suspect that the currency is overvalued.
"Economic growth has been a function of surging debt levels. Wealth is not borrowed but saved, and this is a lesson yet to be learned."
To all those investors expecting the Fed to step in to backstop the recent weakness seen in the stock market, Wolf Richter warns: The cavalry isn't coming.
Today’s chart approaches this fundamental question from a data-driven perspective, and it provides one potential solution: money does buy some happiness, but only to a limited extent.
Home sales in Manhattan plunged by the most since the recession as buyers at all price levels drove hard bargains and were in no rush to close deals.
the U.S. will either have to pay back back the purchasing power of what it borrowed, default or keep rolling the debt over forever.
"the insane torrent of quantitative easing that occurred EVERYWHERE since 2009 and that, in a nutshell, is why I will continue to respect 5,000 years of..."
Join Mike Maloney as he takes a light-hearted look at a very serious question - is there such a thing as a free lunch? The answer won't be a surprise to regular viewers of our videos, but if you are new - this may be a revelation.
"By using gold for energy, China is essentially saying that they will no longer pay in U.S. Dollars. This will lower the demand for..."
David says there has been a fundamental change in the stock market, and this will have implications for gold & silver. Here's the details...
As the BLOOD continues to run on Wall Street, gold and silver were the few assets trading in the green today. As I have mentioned in past articles and interviews, investors need to get used to this sort of trading activity. Even though the Dow Jones Index ended off its lows of the day, it...