New Soc. Sec. Estimates More Optimistic
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The Social Security system will take in more money annually than it pays out in benefits until 2020, two years later than earlier estimated, the Congressional Budget Office reported Monday in a modest change unlikely to alter the growing political debate over the program.
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Stocks could rise next week if the first wave of quarterly earnings inject optimism about results for the period and on economic growth that has surprised on the upside.
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A light economic calendar this week should give traders a chance to look ahead to second-quarter earnings announcements.
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Investors rally on the good news, but what does fast-track status really mean?
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Analysts expect continued growth despite a tough environment.
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The forecast came as the U.S. revised upward its estimate for third-quarter gross domestic product growth to a robust 3.9 percent from 3.7 percent.
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Constellation is defiantly optimistic regarding near-term challenges.
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U.S. stock index futures inched higher   on Wednesday after government data showed U.S. second-quarter   growth was roughly in-line with economists' estimates.
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Standard &amp; Poor&#39;s Ratings Services on Thursday revised its credit ratings outlook on Poland to stable from negative supported by strength in export growth and an improvement in the country&#39;s fiscal performance.
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Wall Street heads back to work this week in a somewhat calmer state of mind. Overall, investors are more optimistic now about the financial markets than they've been in several weeks.
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Risk-assessment techniques are yielding results at the Securities and Exchange Commission, as the number of enforcement referrals from SEC inspectors is up significantly in the last six months, senior SEC officials said.
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Better yields on Treasury bills and a lack of 'blowups' recently give investors encouragement.
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The Organisation for Economic Co-operation and Development (OECD) yesterday offered an optimistic assessment of prospects for the world&#39;s leading industrialised economies.
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According to economists and employment analysts, the job picture will be brighter next year.
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The Software &amp; Information Industry Association (SIIA) released a report on Thursday that painted a rosy picture of the sector&#39;s fortunes, one that stands in stark contrast to widespread fears of a recession in the U.S.
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Wall Street is raising estimates of second-quarter earnings growth, estimating profits will be up 5.9 percent on average, according to Reuters Estimates, which compiles analysts' forecasts weekly for the Standard & Poor's 500 index .
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At current rates, analysts expect foreclosure filings to hit a rate approaching heights not seen since the Great Depression.