Congress needs to have a concrete plan to tackle slower growth, rising unemployment rate, and deficit increment as inaction from their part may slower the economic growth further, a board of economists told officials on Tuesday.
The same group of economists testified at the Senate Budget Committee. They say the economic growth in 2011 would be [...]

Quarterly results of most of the companies in the US seem to be quite fascinating. However, shrinking economic numbers of the nation is still a concern. All major indicators are pointing towards an economy that’s falling apart. Here are some of the reasons why we might face another recession soon:

Economists expected rise in US orders [...]

Choosing your career at the age of 20 is certainly a difficult task. Let alone the world economics, you haven’t even discovered yourself completely. Besides, you would make an exciting career if your personal choices are in sync with market demand. I selected finance simply because I love number, I like talking to people, and [...]

It’s seems that problems for BP are far from over. Apart from loss caused due to wastage of oil, clean up costs, and compensation for the disaster, it now has to pay fine to the US government for violating the Clean Water Act.
The US government has decided to charge $300 per barrel spilled into the [...]

Economists are debating on whether our not the US will experience a double-dip recession. The prediction, however, may prove to be a bit optimistic.
Most said we are on the path of recovery. However, falling unemployment rates, decreased consumer spending, dropping house rates, and unstable global cues are, unfortunately, not signs of recovery. Some economists, who [...]

Many economists claim we are on the path on recovery, and the GDP will soon be high. The unemployment rate, however, is not dropping a bit. If it would have been recovery, most companies should have started hiring, at least the ones who were downsized.
But the daunting trend seems to continue. Wells Fargo is about [...]

Commodity market is an inflation indicator of an economy, as it shows the price index of commodities. Hence, if you are planning to invest to hedge yourself against inflation, you must consider investing in this market.
Commodity market can sometimes be quite volatile, but so can be the stock market. The idea is to diversify you [...]

For the ones with minimum knowledge about gadgets, price difference between normal PC’s and Mac’s is certainly infuriating.
And it definitely is a debatable issue when you learn that an Apple macbook costs around $600 more than a Dell notebook with very similar specifications, especially when you are on a budget.
It wasn’t any different with me. [...]

Investing money in fluctuating products like stocks and currency today is quite risky. Hence, most investors have switched to high-interest savings accounts, checking accounts, and Certificate of Deposits, which are comparatively safer. The returns, however, are not so high. They are low, in fact (below 2%).
Interest rates are low, and they aren’t expected to rise [...]

Most personal finance blogs would advise you to start investing today, which is certainly the best piece of advice in most cases.
However, your investment decisions must be based on other factors including your personal goals, current financial status, and so on. You cannot start investing simply because your broker informed ‘buy this, it’s a good [...]