-
What Changes To Gerrymandering Means For The Business Sector
Thursday, September 7, 2017 - 2:54pm | 470Beyond the irrepressible ire of rural America, Republicans boasted another edge going into the 2016 elections. According to Associated Press analyses, gerrymandering ultimately fixed the Congressional composition. After the 2010 census, the GOP had redrawn district lines and reconfigured voting...
-
Strategist: FANG Stocks Can Still Grow In A Sluggish Economy
Wednesday, June 7, 2017 - 11:51am | 404Investors who hold one or more of the "FANG" stocks shouldn't be worried about a slowing economy, according to Goldman Sachs' chief U.S. equity strategist David Kostin. Speaking as a guest on CNBC's "Squawk on the Street" Wednesday, Kostin backed up his thesis that...
-
Whoops! Trump May Have Grossly Exaggerated The Number Of Americans Who Can't Find A Job
Wednesday, January 11, 2017 - 3:23pm | 240President-elect Donald Trump may have made a large error in his first press conference following his election win on Wednesday. Speaking to reporters, Trump was asked a standard question on the economy. He answered that there "are 96 million [people] wanting a job and they can't get [one]. You...
-
How Bad Was U.S. Jobs Data? One Of The Worst In More Than 5 Years
Friday, June 3, 2016 - 12:34pm | 360Republican presidential nominee Donald Trump took to Twitter within minutes of Friday's job reports that showed the U.S. economy added 38,000 jobs. "Terrible jobs report just reported. Only 38,000 jobs added. Bombshell!" Taking politics out of the equation, the question many are...
-
Opinion: Economics Has Done A 'Dismal' Job And 'Failed' America
Monday, May 23, 2016 - 1:13pm | 341Dr. Daniel Altman is a Harvard University educated economist, so when he writes an opinion piece on why the "dismal science" has a done a "dismal job," people should pay close attention to what he has to say. According to Altman, economics is divided into two camps — there are "positive"...
-
BuildZoom Chief Economist Sheds Light On Remodeling Data
Tuesday, August 11, 2015 - 10:21am | 806While there is plenty of data on new housing starts -- an important economic indicator -- up until now there has been little information available on residential remodeling. On August 10, the inaugural BuildZoom & Urban Economics Lab report "New Eye On Housing And The Economy," was made...
-
What America Could Be Like In 2050...In 9 Charts
Friday, May 15, 2015 - 12:44pm | 1468A lot can change in a decade. But what about three? We set out to answer a simple question: what will the United States be like in the year 2050? How will the population change? What will happen to marriage and divorce? How valuable will a bachelor's degree be? And how much will you be...
-
Brazil And Petrobras Shaken By Massive Protests Nationwide
Monday, March 16, 2015 - 2:28pm | 337The Brazilian government is sailing troubled waters. A difficult economic situation, corruption scandals and massive protests undermine the legitimacy of President Dilma Rousseff. Pro-government protesters flooded the streets on Friday, defending democracy and Petroleo Brasileiro Petrobras SA (...
-
TD Ameritrade Chief Strategist JJ Kinahan Says Markets Will Probably See More Intraday Volatility Through The End Of 2014
Thursday, December 11, 2014 - 7:53pm | 90TD Ameritrade Chief Strategist JJ Kinahan told Benzinga that unless there’s anymore major headlines regarding oil, 2014 will be pretty slow after next week. But until then, Kinahan said there’s quite a few events that will make the upcoming week very busy and might cause more...
-
Has The War On Gas Begun? Oklahoma Stations Battle For $2.00 Supremacy
Thursday, December 4, 2014 - 12:32pm | 696Month-old gas station OnCue in Oklahoma made national news Wednesday, as it became the war on gas frontiersman. Crossing the $2.00 per gallon level was the initial breaking of the lines in the high-priced gas garrison. Bloomberg reported Wednesday evening that another station, Broadway Food...
-
An Economist's Perspective On Ebola Outbreak
Friday, October 17, 2014 - 10:48am | 422Neil Dutta is the head of U.S. economics for Renaissance Macro Research, and he said that even though the risk of an outbreak in the United States is low, there will still be a lot of headlines about it in the near future. He recently joining Benzinga’s #PreMarket Prep to share thoughts...
-
Dow Jumps 129 & Hits a Record High; Twitter IPO Prices at $26
Wednesday, November 6, 2013 - 5:20pm | 1415Twitter (NYSE: TWTR) priced its initial public offering at $26 a share after Wednesday's trading, a touch lighter than investment bankers had hoped. It's not clear how the pricing, which values the company at roughly $14.2 billion, will affect markets on Thursday. Stocks mostly finished higher...
-
Market Wrap: New Highs for Airlines, Boeing Boost Stocks
Monday, November 4, 2013 - 5:16pm | 877Stocks moved modestly higher on Monday for a second day in a row. The gains came despite a steep losses suffered by shares of mobile phone maker BlackBerry (NASDAQ: BBRY) and Kellogg (NYSE: K [FREE Stock Trend Analysis]) announcement it will cut seven percent of its workforce over the next...
-
Libor Scandal Explained: What It Means For You
Wednesday, July 11, 2012 - 5:52pm | 424The Libor scandal has engulfed banks around the world in controversy, forcing numerous traders and executives to resign. Banks globally are being charged with manipulating the rate that is used in setting trillions in dollars of derivatives worldwide, and the true impact of this scandal may yet be...
-
The BBC as Apologist for Lying about Libor
Monday, July 9, 2012 - 1:23pm | 1125Editor's Note: This column is part one of a two-part discussion by William K. Black. The right has a reservoir of writers who can be relied on to defend and even praise elite white-collar criminals, but the center has managed to produce eager apologists for lies. This column discusses the BBC's...