Report: Growth in Jobs, GDP Not Yet Accompanied by Rise in Purchasing Power

On the surface, the news is good. October non-farm numbers from the Bureau of Labor Statistics show 204,000 total job gains, and job revisions were revised upward by 60,000 for the two prior months. The third-quarter Gross Domestic Product (GDP) report showed 2.8 percent growth, a marked contrast to the paltry 0.1 percent growth in… more »

Economic Forecast: Corporate Investment, Income Growth Needed for Recovery

Job gains, strong auto sales and a rise in housing starts, offset by poor income growth, consumer caution and ongoing political uncertainty that will continue to hinder corporate investment in coming quarters is fostering “a challenging economic recovery,” according to Rajeev Dhawan of the more »

Finance Professor Skeptical on IPO of - China's answer to Twitter @GeorgiaStateU via @gsu_news 1 day ago