The risk of recession is rising, unemployment has recently hooked higher and U.S. military operations in Iraq and Afghanistan wind down, U.S. Soldiers (tens of thousands of veterans) flooding the job market. The dividing line between a double-dip recession and a renewed recovery will be drawn by the job market. In June, unemployment among recent veterans grew to 13.3 percent,...

As global slowdown worries, investors piled money into safe-haven assets like bonds, it resulted World Stocks Plunge to New 2011 Lows. Gold turned to negative from $1,700 an ounce, Standard & Poor’s 500 Index down 3 percent and Stocks, energy prices and industrial metals continued their slide. With slowing global economic growth investors worries governments...

Weekly jobless claims- The number of people who filed for unemployment assistance in the U.S. last week declined more-than-expected. Expect claims in the week ended July 16 to fall to 403,000 from an initial reading of 405,000 in the prior week. Claims have drifted lower since hitting a recent peak of 478,000 in late April, but they remain at a level historically associated...