Thursday, January 15, 2015

General Economics

Market Watch | U.S. stock futures recover from losses after Swiss shocker
U.S. stock futures recovered from the sharp reversal in the wake of Swiss National Bank’s decision to ditch its currency ceiling and turned higher shortly before the regular market open on Thursday.
Market Watch | U.S. producer prices drop 0.3% in December on cheaper gas
U.S. producer prices posted the biggest decline in December in more than three years, mainly because of the plunge in gasoline prices. The producer price index fell a seasonally adjusted 0.3% last month, the Labor Department said Thursday.
Market Watch | Empire State manufacturing gauge swings back to positive ground
The Empire State manufacturing index bounced back into positive territory in January, rising to 10 from negative 1.2 in December.
Market Watch | Jobless claims jump 19,000 to 316,000, highest since September
The number of people who applied for U.S. unemployment benefits in the first full week of January shot up to the highest level in four months and topped the 300,000 mark for the first time since Thanksgiving.

Econ Comments & Analysis                                                                                    | Is American Business On Road To Extinction?
An economy that does not produce new companies is an economy with a grim future. That's why the virtual collapse in startups in this country is a problem that requires an immediate solution.
Market Watch | First clues for U.S. economy in 2015 on tap
Wall Street will get its first clues on how the economy is doing in the new year through a pair of reports on Thursday that monitor the health of U.S. manufacturers.
New York Post | The Keystone Pipeline’s many miracles
Not since the multiplication of the loaves and fishes near the Sea of Galilee has there been creativity as miraculous as that of the Keystone XL pipeline.