Unemployment rates were higher in August than a year earlier in 354 of the 369 metropolitan areas, lower in 13 areas, and unchanged in 2 areas, the Bureau of Labor Statistics of the U.S. Department of Labor reported.
Mortgage rates have risen over the past week, with rates for 30-year fixed mortgages increasing to 5.96 percent, up from 5.78 percent the week prior according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®.
Recent polls show American investors are almost evenly split between the Democrat and Republican candidates for president. US investors are nearly as evenly divided.
Canada's government monopoly, single-payer health care system is one of the worst ways to achieve universal health insurance coverage and Americans should avoid adopting a similar system, concludes a new study from independent research organization the Fraser Institute.
At a time when many of the nation's largest companies are struggling to survive, a growing number of small businesses are also feeling the stress that comes from making and saving money in a tough economy, according to the results of a new survey conducted by Harris Interactive for ING DIRECT's ShareBuilder 401k.
As the U.S. works toward stabilizing its financial markets after unprecedented events on Wall Street, the ripple effects of a cooler business climate in 2008 continue to infiltrate nationwide employment. Employers expect current hiring trends to hold steady through the end of the year, according to CareerBuilder.com and USA TODAY's "Q4 2008 Job Forecast."
Investment banks achieved a $15 billion turnaround in revenues in the second quarter of 2008, according to a report by The Boston Consulting Group (BCG), but recent gains have been overshadowed by the collapse of Lehman Brothers and concerns that the financial crisis may continue to deepen.
The launch of the iPhone and the take-up of unlimited mobile data tariffs has seen a marked increase in mobile Internet use. However, Omniture, Inc. has found many companies from retailers to content providers are not taking advantage of the opportunity presented by this increase.
The current economic crises threatening to tighten consumer credit will force consumers, analysts and lawmakers to embrace the no-obligation rent-to-own transaction in the American marketplace.
The following is a Statement by Investment Research Expert Martin Weiss: "The failure of the House to pass the $700 billion bailout bill is injecting a new dose of uncertainty in to the stock market".
