Economy

Janet_yellen

Fed Minutes Show Sooner Timeline for Rate Hikes, Maybe, If…

The Federal Reserve has released the minutes of its July 29 to 30 FOMC meeting. While it has been broadly expected that the Fed will keep rates on hold, there is one ...
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Melbourne Is World’s Most Livable City

In yet one more survey of the best cities to live in, most livable cities, most affordable cities and best places of foreigners to live, the Economist Intelligence Unit (EIU) ...
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ten dollars

$100 Is Worth $115.74 in Mississippi, Only $84.60 in DC

Apparently, $100 is not worth $100 everywhere in America. At least that is the conclusion of a study from the Tax Foundation, which has provided this sort of information since 1937. ...
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Kiev

Ukraine’s Next Crisis? Economic Disaster

By Robert Bensh for Oilprice.com Ukraine's next crisis will be a devastatingly economic one, as violent conflict destroys critical infrastructure in the east and brings key industry to a halt, ...
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Inflation

CPI Shows Tame Inflation in July

The U.S. Labor Department gave us the formal inflation reading for the month of July on Tuesday morning. The good news is that inflation concerns have abated. July’s Consumer Price ...
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Online shopping

E-commerce Share of Retail Sales Rises to Record High

Retail e-commerce sales in the U.S. reached a new high of 6.4% of all retail sales in the second quarter of 2014 according to the U.S.Census Bureau. That is an ...
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Russia

Fresh Ukraine-Russia Tensions and Fighting Dominate Markets Friday (Update-Final)

This was almost looking like a great week for the stock market, but geopolitical news interrupted this positive trend late on Friday morning and markets took a sharp turn for ...
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rumors

Consumer Sentiment Looking Soft in August

The Reuters/University of Michigan consumer sentiment index was released on Friday morning. Consumer sentiment for mid-August was reported at 79.2. The Bloomberg economists estimate was much higher at 82.3, and the range of ...
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robots

Capacity Utilization Hits Highs Not Seen Since 2008

The dual report on industrial production and capacity utilization for the month of July was released on Friday. While these were basically inline with estimates, there are some points worth ...
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factory

Empire Manufacturing Rises Much Slower Than Expected

The New York Federal Reserve released the Empire State Manufacturing survey on Friday. The survey showed that business conditions continued to improve for New York district manufacturers, but the gains were ...
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Stock Split Image

PPI Shows Taming Wholesale Inflation

The U.S. Labor Department Friday morning released the Producer Price Index (PPI) for July, which effectively measures wholesale inflation. As a reminder, this is PPI reading now measures final demand. ...
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Inflation

Will July PPI Show More Inflation Risks?

Is there inflation or not? That is just one of the million-dollar questions out there right now? We will find out on Friday morning at 8:30 a.m. Eastern Time when ...
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Weekly Jobless Claims Back Above 300,000

The U.S. Department of Labor has released its weekly jobless claims. The number of people who applied for jobless benefits increased back above the 300,000 level to 311,000 claims. This was ...
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German GDP Falls .2% In Q2–Federal Statistical Office (Destatis)

The German economy contracted .2% in the second quarter of 2014 according to the Federal Statistical Office (Destatis). The largest and most powerful by GDP, German's numbers are considered a critical ...
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Empty Shelves

Business Inventories Buildup Brings Weaker Expectations

The Commerce Department reported on Wednesday that Business Inventories were up by 0.4% for the month of June. The consensus estimate of economists polled by Bloomberg was spot on at ...
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