May Car Sales Return To Pre-Recession LevelsGood weather and a strong Memorial Day weekend helped car buyers ignore reports of recalls, pushing car and truck sales up more than ten percent in May.
CDC: US Births Up For First Time In 5 Years, Improved Economy CitedThe baby recession may be at an end: After a five-year span in which the number of children born in the United States dropped each year, 2013 saw a minute increase.
Deadbeat High Roller Gamblers Are The Real Economic IndicatorsForget all other economic indicators and so-called financial experts in New York and Washington. If you really want to know if the economy is coming back check to see whether high rollers are paying their gambling debts.
Poll: Half of Older Workers Delay Retirement Plans Stung by a recession that sapped investments and home values, but expressing widespread job satisfaction, older Americans appear to have accepted the reality of a retirement that comes later in life and no longer represents a complete exit from the workforce. Some 82 percent of working Americans over 50 say it is at least somewhat likely they will work for pay in retirement, according to a poll released Monday by the Associated Press-NORC Center for Public Affairs Research.
Study: Post-Great Recession, Youth More Concerned With Conservation, Less MaterialisticA new analysis of a long-term survey of high school students provides an early glimpse at ways their attitudes shifted in the first years of this most recent economic downturn.
Nearly 340,000 Seek Weekly US Unemployment Benefits, A 5-Year Record LowThe number of people seeking U.S. unemployment aid barely changed last week, and the average over the past month fell to a fresh five-year low. The decline in layoffs is helping strengthen the job market.
Survey: Half Of Low-Wage US Workers 'Not At All' Confident In JobsAmerica's lower-income workers have posted the biggest job gains since the deep 2007-09 recession — but few are bragging.
US Unemployment Aid Applications Fall To 341,000 The number of people seeking unemployment benefits fell by 27,000 last week, an indication that hiring could improve.
Opinion: Auto And Bank Bailouts Prove EffectiveOn Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Economic Recovery The Weakest Since WWIISince World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years. An Associated Press analysis shows that by just about any measure, the one that began in June 2009 is the weakest.
Buffett Says Odds Of A US Recession 'Very Low' The U.S. economy isn't likely to slip back into a recession, despite recent economic reports signaling the recovery has lost momentum, Warren Buffett said.