Economy - Page 2


ADP Payrolls In-Line at 200,000 for September

ADP has released its private sector employment for the month of September, and it showed an increase of 200,000 jobs from August. The ADP National Employment Report is derived from ...
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Arab oil

Middle East Sovereign Wealth Funds, Reserves Taking a Beating

Low oil prices may have cost the government of Saudi Arabia more than $70 billion in the past six months. Qatar’s sovereign wealth fund has taken paper losses of up ...
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Consumer Confidence Shocks Analysts

The Conference Board released a number for consumer confidence in September that was a big surprise to most. Thomson Reuters consensus estimates pegged the number at 96.0, while Dow Jones ...
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Consumers Lack Knowledge of Social Security Benefits

It would seem that Americans of a certain age would be pretty knowledgeable about the benefits of a government program that essentially all of them have been paying for since ...
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Texas Capitol

Dallas Fed Manufacturing Data Improves From August

Each month the Dallas Federal Reserve conducts a monthly survey of manufacturers in Texas regarding their operations in the state. These participants from across the state represent a variety of ...
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percent sign button

More Fed Talk for Normalization of Fed on Interest Rates

James Bullard, the president of the Federal Reserve Bank of St. Louis, was again outlining the case for higher interest rates. If you count the speech from Janet Yellen on ...
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Is Consumer Sentiment Moving Beyond China and the Stock Market Woes?

The University of Michigan released its updated consumer sentiment report for the month of September. It turns out that sentiment popped higher from the initial report, suggesting that the worries ...
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waiter, services sector

Growth in Service Sector Slows in September

The services economy is still growing in September, at least that is the message from Markit regarding a flash services PMI reading. September's index was 55.6, above the 50.0 breakeven ...
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Q2 GDP Nudged Higher in Revision

The Bureau of Economic Analysis has released some slightly better news when it comes to gross domestic product (GDP) in the United States. A report on Friday had the second ...
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What Do Caterpillar’s 10,000 Job Cuts Mean?

A set of layoffs here and another there. Caterpillar Inc.'s (NYSE: CAT) job cuts of 10,000 workers are a reminder that oil patch and infrastructure companies are in rising trouble, ...
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Janet Yellen Clarifies Interest Rate Hike Timing in Speech

The notion that Janet Yellen and the voting Federal Reserve presidents decided to keep interest rate hikes on hold has brought on much controversy. Now we at least have some ...
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Will Q2 GDP Revisions Matter More Than Normal?

Investors are looking for any clue and any hint that they can get about the economic expansion right now. Is there expansion, or are global Gross Domestic Product (GDP) figures ...
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Kansas City Fed Shows Regional Decline in Manufacturing

The Federal Reserve Bank of Kansas City has released its 10th district report on manufacturing activity. This is a September reading, and it does show continued weakness, but the good ...
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Chicago Fed Shows Slowing National Economic Trends for August

Many market participants continue to disagree over the implications of the decision by Janet Yellen and the Federal Reserve to not raise interest rates. While 24/7 Wall St. would have ...
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737 MAX Wing Machine

Durable Goods Tick Lower in August

New orders for durable goods were not all that durable in August. The only good news here is that the drop was not as bad as economists had expected prior ...
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