Topic: U.S. Department of Commerce

Hundreds of Chinese businesses that became U.S.-listed stocks through a maneuver called a "reverse merger" now languish at penny-stock levels, down...

Jobless claims rise slightly

The number of people seeking unemployment benefits rose last week to a seasonally adjusted 377,000, up from a nearly four-year low the previous ...

Number of the Week: Dismal New Home Sales in 2011

2.5: The number of new single-family homes sold per 1,000 households.. . New home sales in 2011 hit their lowest level on record, but it's...

New Home Sales Fell At End Of Dismal Year

Fewer people bought new homes in December, making 2011 the worst sales year on record, the U.S. Commerce Department said Thursday.. . The Commerce...

Economy Grew 2.8% In 4th Quarter

The U.S. economy grew at a modest 2.8 percent in the final three months of last year, the fastest growth in 2011.. . Americans spent more on cars...

US stocks open lower

US stocks have opened lower after a disappointing below-forecast figure for fourth-quarter economic growth was published by the Commerce...

Economy Has Strongest Quarter Since 2010

The U.S. economy saw its strongest quarter since early 2010, growing by 2.8 percent in the 4th quarter of 2011, the Commerce Department announced...

Still More Mixed Economic News

The headline at WaPo was upbeat: "U.S. economy in fourth quarter 2011 grew at fastest pace in 1.5 years." But the new economic growth data released...
Well, it took some time, but with so much disinformation that was spread online about SOPA and PIPA, we really needed someone to cut through the...

Vital Signs: Rising Business Investment

U.S. businesses increased their investments as last year ended. The Commerce Department said new orders for nondefense capital goods excluding...