Economy - Page 2

Japan map

Bank of Japan Jumps in Front of US Federal Reserve

Quantitative easing is here to stay. Sort of. The U.S. Federal Reserve's FOMC decision on interest rates is due at 2:00 p.m. Eastern Time on Wednesday, but the big quantitative ...
Read Full Story »

OECD Warns of Global Slowdown

The Organization for Economic Cooperation and Development (OECD) kept its less than mediocre forecast of global growth, and warned about the balance of this year. The global economy is projected to ...
Read Full Story »
percentage button

Why the Market Is Not Expecting That Elusive Fed Funds Rate Hike in September — Not at All

September's meeting of the Federal Reserve's Federal Open Market Committee (FOMC) is upon us. This is a key meeting because many of the regional Federal Reserve branch presidents and Fed ...
Read Full Story »
credit cards

How Much a Fed Rate Hike Will Boost Credit Card Debt

From The Fiscal Times The Federal Reserve this week could make it harder for more than nine million Americans to pay their credit card bills next month. Up to 92 ...
Read Full Story »
Smiling call center employees sitting in line, good customer service

Mixed Data in Regional Nonmanufacturing by Philadelphia Fed

The Federal Reserve Bank of Philadelphia is better known for its regional manufacturing report than its nonmanufacturing report. Still, last week's stellar manufacturing report for September is considered a live ...
Read Full Story »

What Private Company Employment Can Say About Swing State Voting

Special to 24/7 Wall St. From PrivCo The three famous words from the 1992 Clinton campaign were in fact, “The economy, stupid” without the “It’s.” We simply added this over time. It ...
Read Full Story »
Gross domestic product

Fannie Mae Still Sees Accelerated GDP Growth in Second Half of 2016

Fannie Mae has released its Economic & Strategic Research Group's September 2016 Economic and Housing Outlook. For the full year, the group is calling for gross domestic product (GDP) to ...
Read Full Story »

Maryland Is America’s Richest State

24/7 Wall St. has released its annual analysis of America's Richest (and Poorest) States. Maryland was at the top of the list. According to the report: The U.S. Census Bureau ...
Read Full Story »

Mississippi Is America’s Poorest State

24/7 Wall St. has released its annual analysis of America's Richest (and Poorest) States. Mississippi was at the bottom of the list. According to the report: The U.S. Census Bureau released on ...
Read Full Story »
Inflation Ahead

CPI Tame on Monthly Readings, Annual Core Inflation Meets Fed’s Target Range

With the Federal Reserve wanting to raise interest rates, economists and investors keep looking for two things. One is of course a strong economy. Economic readings are positive in general, ...
Read Full Story »

Retail Sales and Industrial Production Conflict With Fed Rate Hike Urgency

When investors are overly concerned about the Federal Reserve's jawboning about higher interest rates, they need to keep in mind that the Fed's official stance is that it remains data dependent ...
Read Full Story »
Metal Pipe

Producer Price Index Continues to Show No Serious Inflation Threat

The U.S. Department of Labor has released its Producer Price Index (PPI) for final demand for the month of August. This represents wholesale inflation — or at least it would ...
Read Full Story »
Flag of Great Britain

Bank of England Leaves Rates Unchanged

The Bank of England (BOE) has decided not to worry about the post-Brexit world too much. It voted to leave its interest rates unchanged. Perhaps an unchanged rate scenario sounds ...
Read Full Story »

Philly Fed Survey Sees Manufacturing on the Rise

The Philly Fed Survey, or the Manufacturing Business Outlook Survey, for the month of September offered a continued growth from August numbers. Overall it signaled that manufacturing conditions continued to ...
Read Full Story »
digital pirate

70% of Hackers Hack to Make Money

A new study of hackers discovered why they do what they do — primarily to make money. According to the HackerOne 2016 Bug Bounty Report: Monetary rewards are a key driver, but ...
Read Full Story »