Allstate Journal

Yen Slips Against Dollar and Markets Apprehensive of Intervention

New York, August 22 (Financeenquiry.com) – On Monday, the dollar rose against the yen and ended at 76.78 yen after reaching 77.23 yen at one stage. However, there was nervousness in

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Can Bernanke Stabilize US Economy

New York, August 22 (AllstateJournal.com) – The questions in the minds of investors throughout the world at this moment must be – can Ben Bernanke provide sufficient stimulus to the U.S.

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Asian Stocks Fall over Concerns of US Economy and Merkel

New York, August 22 (AllstateJournal.com) – Asian stocks have tumbled again for the third day over concerns that adequate measures have not been announced to stimulate U.S. economy and that the

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Merkel Rejects Eurobonds

New York, August 2 (AllstateJournal.com) – Issuance of eurozone-backed bonds has been suggested as the only viable solution to the debt-stricken markets in Europe but the German Chancellor, Angela Merkel has

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Warren Buffet’s Mantra for Taxing the Rich

New York, August 22 (AllstateJournal.com) – Warren Buffet has reiterated that the government is not doing enough to tax billionaires like him adequately. It is interesting to note that his tax

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Social Security Disability Benefits Trust Fund Might Run Dry By 2017

New York, August 22 (AllstateJournal.com) – The number of disability benefit claims is rising by the day in U.S. and at

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Markets Continue to Face Mayhem

New York, August 22 (allstatejournal.com) – Stock traders often say that the bull comes up the stairs but the bear

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Dollar Is Falling While Gold Prices Are Hitting The Roof

New York, August 22 (AllstateJournal.com) – People on the streets of America are wondering about what has happened to the

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US Fights Recession And Inflation At The Same Time

New York, August 22 (allstatejournal.com) – US economists have recently been divided over whether another round of monetary stimulus is

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Republicans Labeling Obama Policies As Counterproductive, Believe Federal Reserve System Must End

New York, August 22 (AllstateJournal.com) – Leaders of the Republican party are taking (or at least talking about taking) a

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Good Analysis Is Not Good Business at Moody’s

New York, August 22 (AllstateJournal.com) – While Standard and Poor’s is facing an inquiry by US Government Officials and SEC for its

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Job Growth Continues to be Weak in the US

New York, August 20 (AllstateJournal.com) – According to the figures released by Labor Department, there was an increase of 9,000

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