Up, Up and Away – Unemployment Rises to 9.4%

The job numbers for May are in — and they aren’t pretty: With companies in no mood to hire, the U.S. unemployment rate jumped to 9.4 percent in May, the highest in more than 25 years. But the pace of layoffs eased, with employers cutting 345,000 jobs, the...

Are Inflation Concerns Inflated?

David Wessel of the Wall Street Journal gives us a brief look at the possibilities that may lead to inflation. To be perfectly honest — this just leaves me with more questions and few answers. 🙂