Once thought to be recession-proof, many companies operating in the gambling industry are struggling royally from an expansion binge that was predicated on a steady supply of gamers in any economic cycle. Read the rest of this entry »
Given the continued devastating collapses in many of Wall Street’s financial titans, it’s quite understandable the stock market remains in a fearful state. History has taught us that the panic will inevitably subside and eventually pave the way to the next bull market, but the million dollar question remains pinpointing when this will happen. Read the rest of this entry »
Unemployment rates in the U.S. may be hitting multi-year highs, but you wouldn’t have guessed it by the first-quarter results that employment recruiter Korn/Ferry (NYSE:KFY) posted Monday in its home market. Results in certain international markets were even stronger, providing solid insight into a number of global regions and evidence that many job markets are not be as weak as doomsayers predicted. (Form unemployment and inflation to government policy, learn what macroeconomics measures and how if affects everyone, in our related article Macroeconomic Analysis.)