A Brief Break from Economics

Sometimes it is fun to just go off in a different direction and take a break from traditional economic topics.  Here is an article from Forbes Magazine on job interviewing that I found interesting.  As a follow up to the Career Development Conference, see how this information compares with what you learned on Wednesday.

Top 5 Interview Mistakes

GDP Q2 Growth Revised Downward

Even though corporate profits were revised upward, the Commerce Department revised GDP growth for the second quarter downward from 1.7% to 1.3%.
Read about it here.

GDP growth revised downward

Fed Announces Third Quantitative Easing

In an unprecedented move, the Federal Reserve announced today that it will purchase up to $40 billion per month in mortgage-backed securities in hopes of bolstering economic recovery.  According to USA Today, "the Fed has spent $2.3 trillion since late 2008 buying Treasury and government-backed mortgage bonds in an effort to push down longer-term interest rates that consumers and businesses pay to borrow, and to steer investors from bonds into stocks."  Read the full article here.

http://www.usatoday.com/money/business/story/2012/09/13/federal-reserve-decides-to-trigger-third-easing-to-help-economy/57776656/1

Oil Prices Up Following Attack

Oil Prices rise following attack on US consulate in Libya.  Will more unrest cause prices to spike? Read about it here.

http://www.boston.com/business/news/2012/09/13/oil-price-after-attack-consulate-libya/ymw4YWHgWXAWKnskQBuqyI/story.html

Debt Surpasses $16 Trillion

CNBC interviews Senator Lindsey Graham regarding the debt, debt ceiling and other issues relative to the national debt.  Watch the video here:

http://video.cnbc.com/gallery/?video=3000114406