Economy - Page 2

India

Why India Is Worst Country in the World for Business

Leaving aside the exit of Raghuram Rajan, the popular governor of the Reserve Bank of India, and Prime Minister Narendra Modi's announcement that it will be easier for companies from ...
Read Full Story »
refugee

Over 65 Million People Displaced in 2015: UN

Various conflicts and related problems caused 65.3 million people to be displaced around the world by the end of 2015, according to a new United Nations study. That is up from ...
Read Full Story »
Flag of Great Britain

If UK Leaves EU, National Relationship Negotiations Could Last Years

The International Monetary Fund (IMF) recently released an examination of the U.K. economy that was upbeat. Tempering its comment was anxiety among IMF experts about the results of a split from the ...
Read Full Story »
Mansion

Connecticut Top 1% Make Over $650,000

The top 1% are not all created equal, at least from state to state, according to the Economic Policy Institute (EPI).  Connecticut residents have to have $659,979 in family income ...
Read Full Story »
deal

Philly Fed Remains Muted in June

The Federal Reserve Bank of Philadelphia reported its Business Outlook Survey for the month of June on Thursday morning. As we saw with the Empire Manufacturing report from the New ...
Read Full Story »
Jobless

Weekly Jobless Claims Rise More Than Expected

Thursday's barrage of economic data included a gain in weekly jobless claims. The U.S. Department of Labor reported that weekly claims rose by 13,000 to 277,000 in the week ending ...
Read Full Story »
German flag

Ifo Economic Forecast Shows Strengthening German Economy

At least one of the world's largest economies has prospects better than expected. As the Federal Reserve dropped its forecast for the U.S. economy from gross domestic product (GDP) of 2.2% ...
Read Full Story »
U.S. Federal Reserve

FOMC Decision on Rates — Kicking the Can Down the Road

The decision on interest rates from the Federal Open Market Committee (FOMC) has finally been made. As we expected, no rate hike was seen. If you looked at fed fund ...
Read Full Story »
California mansion

California Now World’s Sixth-Largest Economy

If the state of California were its own country, it would have the sixth-largest economy in the world, ahead of 10th-place Brazil, ninth-place Italy, eighth-place India and, now, seventh-place France. ...
Read Full Story »
gear set

Empire State Manufacturing Posts Unexpected Big Gain

Wednesday's barrage of economic reports included the June reading for the Empire State Manufacturing Survey. The Federal Reserve bank reported that the general business conditions index was one of the ...
Read Full Story »
Welder

Industrial Production and Capacity Utilization Scream Weakness Into Fed Decision on Interest Rates

If the investing community wanted good news on the reports for industrial production and capacity utilization, they are going to have to search elsewhere. With 2016 being a presidential election ...
Read Full Story »
negotiating

Sustained Growth Remains Elusive: Business Roundtable

The Business Roundtable CEO Economic Outlook Index increased from 69.4 in the first quarter of this year to 73.5 in the second quarter, according to the latest survey released Wednesday ...
Read Full Story »
Shipping containers

Import and Export Prices Heading Up

Import prices rose by an unexpected 1.4% in May, which will give the Federal Reserve at least some hope of price increases — and that they were not just tied ...
Read Full Story »
warehouse with forklift

Business Inventories Continue Muted Gains

Business inventories remained quite subdued in the month of April. While this report might only confirm prior news rather than sway the markets much, it shows a continued muted inventory ...
Read Full Story »
small town

Small Business Optimism Up Slightly in May

The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for May rose 0.2 point from 93.6 in April to come in at 93.8. ...
Read Full Story »