Word: gettinger
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In the next quarter, the rate at which people are losing their jobs may slow, but average wages will probably drop sharply at the same time. The effect of fewer people losing jobs while those who are working make less is no clear sign that the economic world is getting...
The market is also rallying ahead of two pieces of bad news. One is the unemployment number for March and the other is the GDP figure for the first quarter. If one or both of these is "better than expected" stocks may climb even higher. Over the last six months...
“Basically we were just getting out there and swinging and seeing pitchers that weren’t from our own team,” Vertovez said.
But that "free lunch" ends, according to those same economic theories, as soon as the economy recovers, and sustained deficits revert to dangers that can damage economic growth. "In terms of getting our act together, we are certainly going to be facing the longer term in a bad position," said...
Tata Troubles While the company seeks to redefine the low end of the market, Tata Motors is struggling with its attempt to gate-crash the luxury-car segment. Last year, the Indian carmaker made auto-industry waves when it spent $2.3 billion to buy Ford Motor's lossmaking Jaguar and...