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Miesiąc: maj 2013
Slower health spending helps buy Medicare 2 more years
Latest annual report from trustees of Medicare and Social Security gauges long-term financial health of America’s major entitlement programs.
Consumers pull back on spending
Spending by consumers falls in April as individuals deal with weak income.
Eurozone unemployment hits record 12.2%
Unemployment in the troubled region keeps climbing, with Spain and Greece feeling the most acute pain.
New portrait of China’s 185 million seniors
Large numbers of elderly Chinese are living below the poverty line and suffering from physical problems or depression, according to a study published Friday by western and Chinese academics.
Britain’s hunger problem grows
The U.K. economy may be crawling back to growth, but the number of people relying on food handouts is soaring due to welfare cuts and unemployment.
Mortgage rates are highest in a year
Mortgage interest rates have risen half of a percentage point from record lows.
First-time unemployment claims rise
First-time claims for unemployment benefits rose last week, signaling the job market may be softer than hoped ahead of next week’s jobs report.
U.S. economy continues sluggish recovery
The U.S. economy grew at 2.4% in the first quarter, a slightly slower pace than originally reported according to revisions released by the Commerce Department Thursday.
Pittsburgh becomes expat hot spot
Thanks to the shifting nature of the global economy, some once down-and-out cities are seeing an influx of foreign executives and other personnel from international organizations.
Federal disability trust fund on the brink
Nearly 11 million people depend on federal disability payments … but the system is on the verge of running short of money.
Foreclosure sales fall to lowest level since 2008
Sales of bank-owned properties last quarter hit their lowest level since early 2008, according to a new report.
Are we at risk of another banking crisis?
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Top 1% get big bang from tax breaks
There are more than 200 tax breaks in the U.S. tax code, and the top 10 for individuals are by far the most expensive. How expensive? They will cost federal coffers $12 trillion over the next decade.
NJ prisoners received more than $23 million in benefits
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Starbucks baristas fight for their tips
Who should get the tips you leave in that plexiglass box at Starbucks?
Volcker: Fed will 'fall short’
The former head of the Federal Reserve warned that the Fed is now being asked to „do too much” to help prop up the U.S. economy
China’s expensive love affair with pork
The multi-billion dollar acquisition of Smithfield Foods by Shuanghui International makes sense given China’s rising pork consumption and growing market, analysts say.
Women tackle rig work (and bias) in oil industry
Many women are finding work in the oil industry … including more dangerous jobs in the field. One engineer discusses the good and bad about being a woman on a rig.
Moms are breadwinners in 40% of households
Moms are the sole or primary breadwinner in four out of 10 households with children. But 51% of Americans believe children are better off when a mom stays home with the kids and doesn’t hold a job, according a Pew Research Center study.
EU eases up on austerity, urges reform
Austerity has been put on the backburner in Europe. Now officials are emphasizing economic reform and growth.
Moms are breadwinners in record 4 out of 10 households
Moms are the sole or primary breadwinner in four out of 10 households with children. But 51% of Americans believe children are better off when a mom stays home with the kids and doesn’t hold a job, according a Pew Research Center study.