Contrarian Stock Market Investing News - Featuring Bargain Stocks

Tuesday, December 02nd, 2008

Hot Topics : $8 Trillion in Bailouts | Biotech Stock Bargains | The Greater Depression | Thanksgiving Turkeys

Posts Tagged ‘ Unemployment Benefits ’

Obama Unveils Economic Team, Plans 2009 Stimulus Package

Nov 25th, 2008 | By Jason Simpkins | Category: Financial News

President-elect Barack Obama yesterday (Monday) formally unveiled his economic team, including the nomination of New York Federal Reserve Bank President Timothy F. Geithner as the new administration’s U.S. Treasury secretary. The team’s first challenge will be assembling an economic stimulus package that could be even larger than the $700 billion Troubled Asset Relief Program (TARP) the Bush Administration has deployed.

Tags: 2009 Stimulus, AIG, Bill Richardson, Christina Romer, Council Of Economic Advisors, ecomonic team, economic stimulus package, economics, Federal Reserve Bank, foreclosure moratorium, Henry Paulson, Jason Simpkins, Melody Barnes, National Economic Council, Obama, Peter Orszag, politics, TARP, tax credit, Unemployment Benefits
Posted in Financial News | Comments2008-11-25+14%3A58%3A22Jason+Simpkins

Third Quarter GDP Suggests U.S. Has Entered Into Recession

Oct 31st, 2008 | By Jason Simpkins | Category: Financial News

The U.S. economy shrank at an annualized rate of 0.3% in the third quarter – the biggest decline in seven years – after businesses cut back on investments and consumer spending experienced its sharpest pullback since 1980. And though the contraction was smaller than economists expected, they are still predicting a drawn-out downturn that could be one of worst U.S. recessions since the Great Depression.

Tags: BOJ, consumer spending, ECB, Fed Rate Cuts, Gdp Growth, Great Depression, Gross Domestic Product, Ifr Markets, Japan stimulus plan, Jason Simpkins, MS, Unemployment Benefits, US economy, US Jobless Rate, US recession
Posted in Financial News | Comments2008-10-31+15%3A45%3A58Jason+Simpkins

Stimulus Checks Push Retail Sales Rally, Economy Still Facing Uphill Battle

Jun 13th, 2008 | By Jason Simpkins | Category: Politics & Economics

Stimulus checks helped send retail sales up 1% in May, the Commerce Department said yesterday (Thursday), bolstering the dollar and lifted the mood on Wall Street.

Tags: , Ben Bernake, Commerce Department, Crude Oil Supplies, ECB, Economic Stimulus, economics, Federal Reserve, Gasoline Prices, Gasoline Sales, politics, Unemployment Benefits, Wall Street
Posted in Politics & Economics | Comments2008-06-13+12%3A14%3A39Jason+Simpkins

Dollar Makes Small Gains

May 16th, 2008 | By Doug Casey | Category: US Dollar & Forex Trading

In the currency market, the dollar erased early losses and firmed against the euro for the second straight day. Late Thursday, the euro was trading at $1.5432 vs. $1.5459 on Wednesday.

Tags: , Bmo, Currency Market, dollar, Job Losses, Labor Department, New York Fed, recession, Unemployment Benefits
Posted in US Dollar & Forex Trading | CommentsDollar+Makes+Small+Gains+2008-05-16+12%3A00%3A41Doug+Casey

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