Tag Archives: economist
Class of 2013 likely to face tough start in tight job market
High school and college graduates are still being hobbled by years of weak economic growth and an extremely tight job market, and that difficult start in the job market could impact the class of 2013 for years to come, a new analysis finds.“Graduating in a bad economy has long-lasting economic consequences,” said Heidi Shierholz, economist with the Economic Policy Institute, which prepared the rep… Continue reading
Wall Street ratcheting down jobs expectations: JPMorgan economist
By Steven Norton NEW YORK (Reuters) – Wall Street has lowered expectations for the pace of employment growth following higher than forecast jobless claims last week, but the latest jobs data due Friday won't tell investors much about the economy's momentum, JPMorgan Chase senior economist James Glassman said on Thursday. Economists polled by Reuters expect employers added 200,000 jobs last month after hiring 236,000 workers in February. The unemployment rate is seen steady at 7.7 percent. Continue reading
Dow Grabs Gain as Cypriot Parliament Downs Bank Deposit Tax
NEW YORK (TheStreet) — The S&P 500 fell for a third day after the Cypriot parliament defeated a measure to levy a tax on bank deposits in the small Mediterranean island nation-state, eclipsing encouraging U.S. housing market data for February Continue reading
Dow Grabs Gain as Cypriot Parliament Downs Bank Deposit Tax
NEW YORK (TheStreet) — The S&P 500 fell for a third day after the Cypriot parliament defeated a measure to levy a tax on bank deposits in the small Mediterranean island nation-state, eclipsing encouraging U.S. housing market data for February. “It wasn’t unexpected, there were intimations even earlier in the day that the vote was probably not going to make it,” said Josh Feinman, global chief economist at DB Advisors. Continue reading
Chris Huhne And Vicky Pryce Jailed
The former Cabinet minister says he is “sorry” as he and his economist ex-wife prepare to start eight-month prison sentences. Continue reading
Douglas Porter Named Chief Economist of BMO Capital Markets
TORONTO, ONTARIO–(Marketwire – Dec. 14, 2012) – BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (TSX:BMO)(NYSE:BMO), today announced that Douglas Porter has been appointed Chief Economist, BMO Capital Markets, effective February 1, 2013. Continue reading
Ecuador’s Correa to seek re-election, clear favorite
QUITO (Reuters) – Ecuador's President Rafael Correa launched his re-election bid on Saturday for a February vote likely to give him a new four-year term to continue boosting state control over the Andean nation's economy. Continue reading
CIBC downplays likelihood of U.S.-style housing crash
CIBC World Markets economist Benjamin Tal says he continues to believe that a U.S.-style real estate meltdown isn’t in the cards for Canada. Continue reading
‘Dutch disease’ threat ‘not credible,’ Gateway panel hears
There’s no proof the game-changing economic boom that would accompany the proposed Northern Gateway pipeline would hammer central Canada’s manufacturing sector, an economist told a federal panel Wednesday. Continue reading
