US Prices Continue to Rise in March 2011
During March, the US economy continued an upward pattern in the prices for common goods. The consumer price index, a key indicator for adjustments in the prices of goods or inflation, rose 0.5% during...
View ArticleEvidence Builds Against Big Banks in Financial Crisis
Over two years after the sudden fallout of the financial markets in late 2008, the government still has not brought a criminal charge against any individual or business for a role in the crisis. Some...
View ArticleHousing Construction Ticks Up in March
During March, construction of new homes increased 7.2%, according to data released today [.pdf] from the Housing Department and Census Bureau. The annual rate of housing starts in March totaled...
View ArticleSenator Resigns to Avoid Testimony
On Thursday, April 21st, Senator John Ensign (R-NV) announced his resignation from the Senate effective May 3rd, which is only one day before the Senator is scheduled to testify in an investigation...
View ArticleHome Sales Slightly Rise in March
After new home sales recorded an all-time low in February, new home sales increased 11.1% during March, according to data [.pdf] released today from the Housing Department and Census Bureau. Despite...
View ArticleProperty Values Continue Descent
During February, residential home values declined 1% in the twenty largest metropolitan cities, according to data [.pdf] released today from S&P. This is the seventh consecutive month with a...
View ArticleEconomic Growth Decelerates in 1st Quarter
During the first quarter of 2011, the US economy recorded positive growth, yet the rate of growth decelerated and was relatively sluggish. Total output of the US economy grew at an annual rate of 1.8%...
View ArticleAlabama Tornado Outbreak Footage
On Wednesday, April 27th, a deadly outbreak of tornadoes stormed across the southeast, resulting with deaths in seven different states, including: Alabama, Mississippi, Louisiana, Arkansas, Tennessee,...
View ArticleSpecial Forces Kill Osama bin Laden
In an unexpected speech Sunday evening, President Obama announced US special forces have killed Osama bin Laden, the leader of al-Qaeda whose responsible for the deaths of 2,974 individuals on...
View ArticleAfghanistan War April 2011 Facts
While the death of Osama bin Laden symbolized a momentous national defense achievement, nearly 100,000 US troops continue to fight in Afghanistan. During April, the US forces suffered 47 casualties in...
View ArticleUnemployment Rate Facts April 2011
During April, the unemployment rate edged up 0.2%, raising the rate to 9.0%, according to data [.pdf] released today from the Labor Department. Despite this rise in the unemployment rate, which is up...
View ArticleGas Prices Exceed $4 per Gallon
During the week ending May 9th, the price for a gallon of gas nationally averaged $4.018, according to the US Energy Administration. This is the second week with the national average above $4 per...
View ArticleInflation Continues for US Dollar in April
During April, the descending trend of the US dollar continued, with a 0.4% increase in the consumer price index, according to data [.pdf] released today from the Labor Department. The consumer price...
View ArticleForeclosures Remain Artificially Low in April
During April, the amount foreclosure filings on US properties totaled 219,258, according to the latest data from RealtyTrac. This is a 9% decline compared to March, when there were 239,745 filings....
View ArticleFederal Budget & Deficit Facts in April
During April, the federal government incurred a deficit of $40.5 billion, according to the monthly release [.pdf] from the Treasury Department. While this amount is less than the monthly deficit...
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