Mubarak resigns the Presidency of egypt

Hosni Mubarak, Egypt’s embattled “President” has resigned along with other cohorts from the ruling National Democratic Party.  This is the end of a very tense situation in the Middle East.  I am certain that financial markets around the world will...

An improvement in jobless claims

The United States Department of Labor announced this morning that its weekly jobless claims data has improved.  Specifically the data show that the number of people filing for new unemployment benefits fell by 36,000 last week to a level of 383,000.   Because...