Category: US Economy

America’s wealthiest and poorest states

America’s wealthiest and poorest states

The top 10 wealthiest states Where median income is highest Rank State Median Income 1 New Hampshire $65,028 2 New Jersey $64,918 3 Connecticut $64,644 4 Maryland $63,828 5 Alaska $62,675 6 Virginia $61,126...

Poverty in US rises, all racial groups in US poorer except Asian

Poverty in US rises, all racial groups in US poorer except Asian

The richest nation on earth is seeing spikes in poverty levels since onset of worst economic crisis in last six decades. According to the data released by US census bureau, the nation’s poverty rate...

Goldman Sachs sued for sex discrimination

Goldman Sachs sued for sex discrimination

Goldman Sachs Group Inc. is being sued by three former female employees who claimed they were discriminated against in both pay and promotion opportunities, according to news reports Wednesday. The women said the discrimination...

Warren Buffet’s Holdings and Moves

Warren Buffet’s Holdings and Moves

According to an article by street insider, the value of Buffett’s stock holdings is down to $46.4 billion at the end of the quarter, from $50.9 billion at the quarter ended March 31, 2010....

Data releases lined up for Thursday 16th September 2010

Data releases lined up for Thursday 16th September 2010

  TIME Producer Price Index 8:30 AM ET Jobless Claims 8:30 AM ET Current Account 8:30 AM ET Treasury International Capital 9:00 AM ET Elizabeth Duke Speaks 9:30 AM ET Tim Geithner Speaks 10:00...

US Major Economic Numbers at a Glance

US Major Economic Numbers at a Glance

Economic Release Change Period Covered Consumer Price Index (CPI) +0.3% Jul 2010 Unemployment Rate 9.6% Aug 2010 Payroll Employment -54,000 Aug 2010 Average Hourly Earnings +$0.06 Aug 2010 Producer Price Index (PPI) +0.2% Jul...

U.S. IMPORT AND EXPORT PRICE INDEXES increase

U.S. IMPORT AND EXPORT PRICE INDEXES increase

U.S. import prices increased 0.6 percent in August, the U.S. Bureau of Labor Statistics reported today, after rising 0.1 percent the previous month. Higher fuel and nonfuel prices contributed to the overall advance. Export...

US Jobless Claims beat consensus, lowest since May

US Jobless Claims beat consensus, lowest since May

In a sign of improvement for the labor market, initial jobless claims fell substantially in the September 4 week. Claims came in at 451,000 vs. 478,000 in the prior week (revised from 472,000). The...

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