Jason Gollhofer

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Stocks log 3-day losing streak amid fear of Fed tapering

Stocks recovered from their worst levels but still closed in the red for a third day Wednesday, with major averages retreating further from their recent highs, amid renewed concerns about when the Federal Reserve may start to wind down its bond-buying program.<p>"We expect this pullback to hold above …

Stock Markets

Des Moines Tops List Of The Best Places For Business And Careers

Last week’s jobs report for July showed unemployment dropping from 7.6% to 7.4%, which marks the lowest rate since December 2008. Good times, right? Not exactly. The rate fell in part because more and more Americans have ceased looking for work. Wage growth has been anemic and the recovery from the …

Consumer borrowing rose $13.8 billion in June

WASHINGTON (AP) — Americans borrowed more in June to buy cars and attend schools. But they were frugal again with their credit cards, indicating many are still wary of taking on high-interest debt.<p>The Federal Reserve says borrowing rose $13.8 billion in June from May to a seasonally adjusted $2.85 …

How Millennials Are Described By Public Companies To Wall Street

Here are some recent comments 13 companies made to Wall Street analysts and investors about millennials. Ain't no trend like a millennial trend 'cause a millennial trend make bank.<p>Hate it or love it, "millennial" has become the socially acceptable term for describing the under-35 generation. (Hey, …

STOCKS FALL AGAIN: Here's What You Need To Know