This can’t be a surprise to anyone, but yesterday, the Dow Jones closed at 9,908.39, falling 104 points from last Friday. Supposedly, the market is falling because of three reasons. One, President Obama wants there to be a bit more regulation in watching what these guys do. Two, [...]
Sometimes I hate being right. On Friday, news was announced that 43 states show the growth in unemployment figures. Some of those states recorded record unemployment numbers, while others showed the highest unemployment rates experienced in many years.
What’s a shame is that I had predicted that it wouldn’t be until [...]
It seems 2009 was more memorable than anyone hoped it would be as it pertains to the housing market. A record number of foreclosure notices went out in 2009, and more are expected in 2010 to break 2009’s record; how scary is that?
There were around 2.8 million foreclosure notices that [...]
No doubt I’m not the only person was noticed a gas prices going up lately. It seems like it was less than a month ago when gas prices locally were around $2.60. Today gas prices locally are at $2.92 a gallon. What the heck is going on?
Supposedly, gas prices are up [...]
The final financial post of 2009 for Top Finance Blog, and I thought it would be interesting to see what the best and the worst financial news of the year was. There was way more bad news than good news, and to answer the question of which one we want [...]
This morning it was announced that unemployment has finally decided to go in the direction we’re all hoping for, as it dropped from 10.2% at the end of October to 10% at the end of November. There were fewer jobs lost in November, which helped contribute to the figure. [...]
Explain this to me, if you can. Why is it that we, the people, know how bad the economy is, yet it seems our politicians and those big government think tanks don’t seem to know it? Rather, why is it they keep saying things are getting better when there’s really [...]