Economy

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Weekly Jobless Claims Holding Consistent

The U.S. Department of Labor has released the weekly jobless claims for the week ending on December 12. Overall claims fell to 289,000, against the Bloomberg consensus of 295,000. The ...
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Federal Reserve

Federal Reserve Stays Dovish in Last FOMC Meeting Ahead of 2015

Wednesday marked the last Federal Reserve meeting for the year 2014. The big question was whether Janet Yellen and fellow members of the Fed would leave in the "considerable period" ...
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Cuban peso

The Cuban Economy by the Numbers

With word that relations between the United States and Cuba may be taking a serious turn for the better, 24/7 Wall St. wanted to show what we have done for ...
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Inflation

Mixed Inflation and Deflation News in Consumer Prices

Last week's report on the Labor Department's Producer Price Index showed that deflationary pressures were rising on the wholesale level. Now we have retail inflation and deflation numbers out via ...
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2002_Ruble

Russia’s Economy by the Numbers

Many experts believe that Russia will fall into a deep recession next year, due primarily to a drop in oil prices. The recession, as a matter of fact, may have ...
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Russia

Can Anything Save Russian ADSs, ETFs and Funds?

Despite efforts to stabilize the crumbling ruble, the Russia trade just seems to keep going from bad to worse. The carnage has gone to the point that a financial trade ...
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Chinese flag

China PMI Contracts — Markit

Markit's HSBC Flash China Manufacturing Index has dropped to 49.5, with a number under 50 representing a contraction. World economists have been worried for some time that the white-hot People's ...
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China

Oregon Lost Most Jobs to China

The state with the most jobs lost to China on a percentage basis? Oregon at 3.67% between 2001 and 2013, according to the Economic Policy Institute. But the carnage does ...
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consumer electronics

Consumer Sentiment at 8-Year High

The Thomson Reuters/University of Michigan Consumer Sentiment Index rose from a final November reading of 88.8 to a preliminary December reading of 93.8. The December index is the highest reading ...
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factory

The Deflation Debate Gets Louder After Producer Prices

The fears of deflation due to lower energy prices and lower demand are likely to get stronger. The U.S. Department of Labor reported that the Producer Price Index (PPI) was ...
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Will Winter Hurt GDP Recovery?

On occasion, some set of experts will revise U.S. GDP forecasts downward. While American consumer spending remains strong, weak economies overseas may lose some of their need for U.S. exports. ...
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New home

U.S. Standard of Living Improved in 2014

While many Americans believe that unemployment and gridlock in Washington have gone a long way to ruin this year, much of the population does not see it that way. Based ...
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187980110

Weekly Jobless Claims Holding Steady

Weekly jobless claims were reported by the U.S. Labor Department on Thursday morning as 294,000. This reading was against a Bloomberg estimate of 295,000. The previous level was unchanged at 297,000, so no ...
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Big Businesses See Economy Continuing to Grow in 2015

Purchasing and supply management executives predicted in the December 2014 Semiannual Economic Forecast that the U.S. economy will continue to grow in 2015. The manufacturing sector is optimistic about the ...
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Low Customer Satisfaction Hampering Holiday Spending?

For three consecutive quarters, the American Customer Satisfaction Index (ACSI) has been declining, and the recent 0.7% drop in the third could indicate weak spending growth for the important fourth ...
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