The economy got another positive sign this week in the form of a substantial drop in crude oil supplies that suggests consumption could be on the way back up. According to the Energy Information Administration, the nation’s crude oil stocks stood at 343.6 million barrels, a decline from the previous week’s 352 million barrels. This mark...

The trade deficit in the U.S. probably widened in June from the lowest level in almost a decade as rising oil prices drove up the value of imports, economists said before a report today. The gap between imports and exports increased 10 % to $28.7 billion, according to the median of 70 estimates. A $26 billion deficit in May was the smallest since ...

The economy preferred 247,000 jobs in July, less than expected and lowest total of losses since last August. Unemployment rate inches down to 9.4% The long battered U.S. job market showed some signs of improvement in July as employers cut far fewer jobs from payrolls and the unemployment rate fell for the first time in more than a year, according t...

Italy’s economy contracted for a 5th straight quarter as consumer spending and exports descended , extending the country’s worst recession in 6 decades. Gross domestic product shrank 0.5 /cent from the 1st Q, when it contracted a revised 2.7 /cent, statistics office Istat said in Rome today in a preliminary report. The euro-region’s deepest...

World stocks ended higher on Friday, while bonds took a hit and the U.S. dollar recovered after beter than expected U.S. unemployment data reinforced the view that the global economic slump may be nearly over. The U.S. unemployment rate fell to 9.4 /cent in July, the first fall in 15 months. “This is the best showing (since) prior to the fina...

Stock markets surged, hitting their highest levels since autumn as investors took in the news that the economy shed only 247,000 jobs in July, its smallest losses in nearly a year. And the American International Group, a black hole of losses and government bailouts, said Friday that it had turned a profit. Investors kept in the safety of government...

The most encouraging employment report since last summer suggested on Friday that a recovery was under way  and perhaps gathering steam  despite the indisposition of the nation’s businesses to resume hiring or even stop shedding jobs. Employers eliminated 247,000 jobs in July, a huge number by the standards of an ordinary recession, but the sma...

www.FreeTradingVideos.com :: Monday was down, but so was the $VIX. ...

...

...