October income growth was anemic at best–that echoes the underlying weakness in yesterday’s revision of third quarter GDP
Today’s report shows that personal income growth was flat in October after growing by 0.4% in September. Correcting for the effects of Hurricane Sandy, the statisticians at the Bureau of Economic Analysis calculated, income would have been up 0.1% in October. That agrees with the October employment report, which wasn’t affected by the hurricane.
10 ways the Greek debt deal shapes global markets for the months ahead
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...In China’s tale of two markets I’d follow Hong Kong’s optimistic lead
Something very curious is happening in China’s stock markets: They’re headed in different directions. Hong Kong’s Hang Seng index is up 18.92% for 2012 as of November 29. The Shanghai Composite Index, on the other hand, is down 10.73% for 2012. Why the big difference?
Apple moves ahead of Android in smartphone share
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Upward revision in U.S. GDP to 2.7% growth isn’t nearly as good as it seems
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Who’s next on the special dividend hit parade?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Costco declares a special $7 a share dividend–and no surprise the stock pops
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Today the market says only growth counts and Europe is irrelevant
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Here’s why there’s no jubilation at a Greek debt deal
Today the sun rose on an agreement to finally deliver the money that Greece needs to keep the lights on. But European financial markets don’t seem especially impressed. The German DAX Index closed up just 0.55% and the French CAC 40 dipped by 0.08%. Why no dancing on the trading floors?