Category: Finance

A tariff announced in Washington reaches a factory floor in Vietnam within days, a shipping decision made in a European port office, and eventually a price tag in a store thousands of miles from where any of it started. This is not a hypothetical chain of events. It is how the current global economy actually… Continue reading How Global Events Shape National Economies

Jobless claims in the US decreased to 407,000 last week, according to the Labor Department, the lowest level since July 2008. Take this: The economy is clearly improving. If jobless claims fall, the unemployment rate for November 2010 will fall. (President Obama and Fed Chair Bernanke will delight folks when the November unemployment numbers come… Continue reading All the Good Economic News, So Why Am I Bearish for 2011?

You are bound to see news stories showing the number of homes damaged by theft, fires, floods and other disasters on television and newspapers. When we see such news, we all get scared and pray that we don’t have to face the same situation. But we cannot avoid unpredictable situations in our life. So, no… Continue reading Different Home Insurance Policies Provide Different Coverage