Economy - Page 2

US_Dept_of_Labor

Solid Weekly Jobless Claims Report From the Labor Department

The U.S. Labor Department has released its weekly jobless claims. Frankly, the market already had a stellar unemployment and payrolls report last week, and this data was covering the Fourth ...
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Los Angeles

No Unemployment Relief for California Cities

While the nation's unemployment rate dipped to 6.1% in June, which was heralded as substantial progress, the jobless rate in several of cities in California is double, or even triple, ...
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CEO graphic

CEO Confidence Slid Lower in Second Quarter

The latest Conference Board Measure of CEO Confidence shows a decline in the second quarter after an increase in the first quarter. The index reading fell to 62 from 63 ...
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Is the U.S. Headed Toward a Budget Surplus?

The last time the United States had a budget surplus was in 2001, according the White House. Unimaginably, it may have one again, and within a very few years. The ...
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Cows

Are Lower Food Prices Coming?

Commodity prices for corn, wheat and soybeans have tumbled in the past three months and could fall even further as plenty of rain and warm -- but not too warm ...
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Old-fashioned Main Street

Small Business Optimism Slips on Expectations of Weak Economy

The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for June fell 1.6 points from 96.6 in April to 95.0. The June reading ...
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Rhode Island

As Rhode Island Raises Minimum Wage To $9, Worry About Economy

Rhode Island the highest unemployment rates in the U.S. Now, it has a $9 minimum wage, up $1 and well above the national floor of $7.25.  More than any other ...
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Oil Tanker

Good News on the Trade Deficit, Thanks to Petroleum

The U.S. Department of Commerce has released its report on international trade in the month of May. This is known as the trade deficit to the rest of us. May's ...
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US_Dept_of_Labor

Unemployment and Payrolls From June Bring Great Progress in Jobs

The U.S. Labor Department has released its June payrolls and unemployment report, and ADP's gains on Wednesday turned out to be more accurate than many skeptics thought. Unemployment came in ...
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What Happened to Normal 5% Unemployment?

Unemployment may drop as low as 6% in the next few months, down from the current 6.3% level. However, a recovered U.S. economy has been marked by a 5% jobless ...
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What to Expect From Labor Department on Unemployment and Payrolls

This Thursday will mark a very unusual event in economic reporting. Since this week holds the first Friday of the month, we are supposed to get the Labor Department's Unemployment ...
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global economy

OECD Projects Slowing Global Growth, Rising Income Equality to 2060

A new study from the Organisation for Economic Co-operation and Development (OECD) projects that global economic growth will slow and income inequality will continue to rise to 2060. The "Policy ...
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ADP and TrimTabs Signal Very Different Labor Department Payrolls Report

Stocks have closed at record levels yet again, and the Dow Jones Industrial Average (DJIA) came only a point or so shy of 17,000 ahead of this week's key Labor ...
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robots

Two Strong Manufacturing Reports Signal Better Q2 GDP Reading

Tuesday brought two manufacturing readings for measuring the U.S. economy. The data might be considered mixed when you look at the Markit PMI reading versus the ISM Manufacturing Index. Still, ...
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global economy

Global Growth Forecasts Have Downside Risks in 2014, 2015 and 2016

With all the quantitative easing in the United States, Europe, Japan, China and elsewhere, you would think that trajectory for the global recovery and global growth is well on track. ...
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