Economy - Page 2

Old-fashioned Main Street

Small Business Optimism Dips in September

The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for September fell 0.8 points from 96.1 in August to 95.3. The October reading ...
Read Full Story »
Africa

Ebola Could Ruin National Governments — WHO

I have never seen a health event threaten the very survival of societies and governments in already very poor countries. I have never seen an infectious disease contribute so ...
Read Full Story »
global economy

Why the Market Could Sell Off Another 10%

From a year-to-date peak of 2,011 on September 18, the S&P 500 has given up 4% in 15 trading sessions. At that rate the index could drop another 10% before ...
Read Full Story »
Finland

Finland Loses AAA Rating: How Much Did Nokia Contribute?

The nation of Finland just found out that negative gross domestic product (GDP) comes with consequences. Standard & Poor's has lowered its economic assessments of Finland, noting that subdued external ...
Read Full Story »
118167478

Is Mario Draghi Out Of Bullets?

The European Central Bank recently left interest rates unchanged at its most recent rate policy communication. This was on the heels of the prior cut in rates where Europe is ...
Read Full Story »
US Treasury building

30-Year Treasury Auction Sees Shockingly Low Auction Yield

Investors have decided that the U.S. government should only have to pay 3.074% to borrow money for its 30-year bonds in the latest long bond auction. There was also a ...
Read Full Story »
135093244

Counter Take: Are Investors Getting Too Confident?

If you are a contrarian, you want to be cautious when everyone else is euphoric. Warren Buffett has said to be fearful when others are greedy, but be greedy when ...
Read Full Story »
Wholesale

Wholesale Trade Posts Larger Than Expected Gain

Wholesale trade figures for the month of August were released by the U.S. Department of Commerce Thursday morning. The reading came out at 0.7%, beating the Bloomberg estimate of 0.3%. ...
Read Full Story »
179125086

Weekly Jobless Claims Continue to Fall

The U.S. Department of Labor released the weekly jobless claims, which are continuing to remain very low and come in under estimates. This ongoing decline in workers filing for jobless ...
Read Full Story »
144366870

FOMC Minutes: Fed Adjusts GDP and Inflation Targets Down Slightly

The Federal Reserve has released the minutes from the September 16 to 17 FOMC meeting. While the market was not looking for any massive step up on the time that ...
Read Full Story »
CEO graphic

CEOs Look Less Confident in Third Quarter

Are chief executives too negative on the economy right now? A new survey from The Conference Board and PricewaterhouseCoopers is out on Wednesday called the Measure of CEO Confidence, and ...
Read Full Story »
Ebola Virus

Ebola: Sierra Leone Economy by the Numbers

Among the most troubling aspects of the spread of the Ebola virus is that the nations hit hardest are among the poorest in the world and, therefore, have few resources ...
Read Full Story »
Playa Conchal

Ebola: Liberia Economy by the Numbers

Among the most troubling aspects of the spread of the Ebola virus is that the nations hit hardest are among the poorest in the world and, therefore, have few resources ...
Read Full Story »
Kiev

Will Ukraine Commit Economic Suicide?

By James Stafford of Oilprice.com Ukraine is on the brink of committing economic suicide after imposing a crippling 55 percent tax on private gas producers, while parliament prepares to vote ...
Read Full Story »
global economy

IMF Cuts Growth Forecast; US Carries the Developed World

If it weren’t for a projected 0.5% increase in the outlook for U.S. economic growth, the forecast for 2014 global growth from the International Monetary Fund (IMF) would be even ...
Read Full Story »