Economy

payoff

Credit Availability and Conditions Continue to Improve in July

We have yet another economic report this Thursday. This was a report from the National Association of Credit Managers (NACM). You can guess what they track -- credit availability, accessibility ...
Read Full Story »
157140737

Unemployment and Payrolls Full Preview for Friday

The public, market watchers, investors and traders of all walks will be watching Friday's payrolls and unemployment reports from the U.S. Department Labor. 24/7 Wall St. wanted to provide a preview for ...
Read Full Story »
Chicago

Chicago Business Survey Indicates Weaker ISM Readings Ahead

The Institute for Supply Management (ISM) and Market News International (MNI) have released the Chicago Business Barometer, and the number was an absolute dud for the month of July. Thursday's ...
Read Full Story »
Credit Rating

S&P Announcement As Argentina Rating Slashed On Pending Default

As far as S&P is concerned, holders of Argentina's sovereign paper may as well burn it The press release: RATING ACTION On July 30, 2014, Standard & Poor's Ratings Services ...
Read Full Story »
Stock Split Image

Janet Yellen and FOMC Verdict on Tapering, Quantitative Easing, Rate Hikes

Janet Yellen and the Federal Reserve have released their statement for the July 29 to 30 FOMC meeting. As expected, we got more tapering of the monthly bond buying and ...
Read Full Story »
187980110

Very Mixed Yet Positive Payrolls Data From ADP and TrimTabs

This week is a very busy week for employment data. We are still awaiting the Friday unemployment and payrolls report from the Labor Department, but we now have two preliminary ...
Read Full Story »
Smokestacks

Q2 GDP Blowout — at Least on the Headline Data

It turns out that the first quarter drop of 2.9% in gross domestic product (GDP) was truly a blip, just like economists had been saying all along. What is more ...
Read Full Story »
investing

GDP vs. FOMC vs. Unemployment and Payrolls

24/7 Wall St. wanted to make an update for its readers about the dual importance of economic reports. It is unemployment that rules the roost in most months, but this ...
Read Full Story »
135093244

Consumer Confidence Surges to Post-Recession High, Strong 2014 Outlook

The Conference Board is out with its monthly reading of consumer confidence in the month of July. It posted its third consecutive gain, but perhaps the real news is that ...
Read Full Story »
Federal Reserve

FOMC Preview Ahead of GDP and Unemployment

Tuesday marks the beginning of the July Federal Open Market Committee (FOMC) meeting of the Federal Reserve. This is a two-day meeting and the FOMC meeting announcement is slated for ...
Read Full Story »
credit cards

States Where People Have the Fewest Debt Problems

Debt, as measured by share of debt in collection, is less of a problem in states with low unemployment, in many cases. According to the Urban Institute, the national average ...
Read Full Story »
Active investor

Why GDP Could Trump Unemployment in Importance This Week

In most months, the biggest single economic report is the Employment Situation report issued by the U.S. Department Labor on the first Friday of the month. That may not hold ...
Read Full Story »
factory

U.S. Second-Quarter GDP Watch in the Week Ahead

While all eyes will be on the upcoming July unemployment and payrolls on Friday, August 1, the other big economic report during the week will of course be second-quarter gross domestic ...
Read Full Story »
robots

June Durable Goods Likely Saved Second-Quarter GDP

Friday's report on durable goods was one we were paying close attention to. After all, this is the last major broad production and consumption number ahead of the first look ...
Read Full Story »
factory

Why Durable Goods Matters So Much on Friday – GDP Watch

On Friday we will get to see the report for Durable Goods  for the month of June. This is an incredibly important report because it is for June, marking the ...
Read Full Story »