Markets Bounce Back With Dow Jones Average Up 619 Points

Markets Bounce Back With Dow Jones Average Up 619 Points

New York, NY….The Dow Jones Industrial Average was up 619.07 points today. This broke several days of declines. While markets are still down on the year there seemed to be a collective sigh of relief today. Relief that the market was capable of inching back into positive territory again and relief that China’s $22 billion […]

Dow Opens Sharply Lower

Dow Opens Sharply Lower

New York, NY…Markets have opened sharply lower. Worries on China, Fed and more are pushing the market lower at opening. Let’s see if she can steady and climb back up as the market day goes on..

NLRB Board Decides Against Northwestern Athletes Wish To Unionize

NLRB Board Decides Against Northwestern Athletes Wish To Unionize

Washington, D.C. – – In a unanimous decision, the National Labor Board declined to assert jurisdiction in the case involving Northwestern University football players who receive grant-in-aid scholarships. The Board did not determine if the players were statutory employees under the National Labor Relations Act (NLRA). Instead, the Board exercised its discretion not to assert […]

More Millennials Living With Family Despite Improved Job Market ~ Pew Research

More Millennials Living With Family Despite Improved Job Market ~ Pew Research

Washington, DC…Five years into the economic recovery, things are looking up for young adults in the U.S. labor market. Unemployment is down, full-time work is up and wages have modestly rebounded. But, according to a new Pew Research Center analysis of U.S. Census Bureau data, these improvements in the labor market have not led to […]

Georgia Man Sentenced to 15 Years in Prison for Attempting to Provide Material Support to ISIL

Georgia Man Sentenced to 15 Years in Prison for Attempting to Provide Material Support to ISIL

Atlanta, GA…Leon Nathan Davis, 37, of Augusta, Georgia, was sentenced today to 15 years in federal prison by U.S. District Judge J. Randal Hall of the Southern District of Georgia for attempting to provide material support to a designated foreign terrorist organization, namely, the Islamic State of Iraq and the Levant (ISIL). Davis pleaded guilty […]

Lowest Initial Jobless Claims Since November, 1973

Lowest Initial Jobless Claims Since November, 1973

Washington, DC…In the week ending July 18, the advance figure for seasonally adjusted initial claims was 255,000, a decrease of 26,000 from the previous week’s unrevised level of 281,000. This is the lowest level for initial claims since November 24, 1973 when it was 233,000. The 4-week moving average was 278,500, a decrease of 4,000 […]

President Obama’s Weekly Address: America’s Resurgence Is Real

President Obama’s Weekly Address: America’s Resurgence Is Real

Honolulu, HI…Hi, everybody. As 2014 comes to an end, we can enter the New Year with new confidence that America is making significant strides where it counts. The steps we took nearly six years ago to rescue our economy and rebuild it on a new foundation helped make 2014 the strongest year for job growth […]

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