U.S. retail sales rose 1.1 percent in Sept. according to data released on Monday from the Commerce Department, totaling $412.9 billion. The growth is better than expected and good news for the economy, since consumer spending accounts for about 70 percent of the country's total economic growth.
Research
U.S. Research Team to Develop Sustainable Solutions for Producing Rare Earth Materials
Leading researchers from academia will soon be part of a $120 million Department of Energy initiative to help develop solutions for producing more ‘rare earth materials’ in the country for lesser dependence on foreign sources.
Training for U.S. 'Green Jobs' Falls Short of Goals
A $500-million "green jobs" program to train U.S. workers for new jobs and help spark recovery from the great recession has fallen far short of its goals, according to a report from the Labor Department's internal watchdog released on Friday.
Private and State College Tuition Expenses up this Year
As the job outlook continues to look murky for recent college graduates the costs of tuition and fees for both public and private universities are up, though not too substantially, according to the latest figures released by The College Board Wednesday.
Economic Growth Rate 2 Percent for Third Quarter, Housing, Consumer and Government Spending are Drivers
The U.S. economy, the number one issue among voters, grew at a two percent rate in the third quarter, according to Commerce Department Data released Friday. Increased consumer and government spending and an uptick in the housing industry were the drivers.
Latest News
Although a new study by one of the world's largest actuarial firms, Milliman, found the 100 largest pension funds are underreporting their unfunded liabilities by about $300 billion, a spokeswoman for the firm said the amount was "insignificant." Large public funds remain skeptical of private equity.
An estimated 200 million pounds of explosives have been dumped in the world’s oceans, according to researchers from Texas A&M University.
A recently released study by Dow Jones finds that venture capital-backed companies with female executives are more successful than those with only men in senior executive roles.
Millennial Media, a six-year old independent company ranked No. 2 last year in mobile advertising sales in the United States, Reuters reported today. Its customers included 75 of the top 100 Ad Age advertisers.
A Piper Jaffray survey shows that 40 percent of teens own an iPhone, according to Fortune. A recent survey showed that teens love their iProducts. Of 7,700 teens polled by the investment bank/ asset management firm Piper Jaffray, 40 percent owned an iPhone, and 62 percent planned to buy one.
Data released today by Dow Jones shows U.S. venture capital funds raised $16.2 billion for the year's first nine months, 31 percent more than last year for the same time period.
The most recent report from the Department of Labor showed a 7.8 percent drop in unemployment for September, with 873,000 people added to the payrolls.
A new study released by the Kauffmann Foundation shows an unprecedented drop in the creation of tech start-ups, which it attributes to a stagnating immigrant population.
According to a recently released report by CB Insights, angel investors are filling a geographic niche overlooked by venture capitalists.
