Economy - Page 2

Wall Street

Credit Suisse Sees 2,200 S&P 500 in 2015, With Increased Market Volatility

The era of quantitative easing has been marked with historically low volatility, which is due in part to the predictable nature of Fed policy. Credit Suisse says that the macro ...
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Great Jobs News: Rate of Quitting Workers Highest Since 2008

The U.S. Labor Department has released its monthly JOLTS (Job Openings and Labor Turnover Summary) report for the month of September. While this report has a one-month lag, it indicates ...
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Weekly Jobless Claims Come Over the Top of Estimates

The U.S. Department of Labor released the weekly jobless claims for the past week as 290,000, against a Bloomberg consensus estimate of 280,000. The reading from the previous week was ...
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global economy

Disappointing View on Global Growth Outlook for 2015 (and Beyond)

The Conference Board Global Economic Outlook released its output growth projections for the coming years. World economic growth is currently pegged at 3.2% for 2014 and is looking to accelerate ...
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American flag

Surge in US GDP to Outpace Troubled Global Expansion

Dying growth, crippled by high manufacturing costs and a financial system broken at the start of the recession, where supposed to slow the U.S. economy so that it would be ...
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Unemployment Rate Dips to 6-Year Low in October

The U.S. Department of Labor has released its Employment Situation report for the month of October. It reflected a recent favorable ADP report and weekly jobless claims throughout October that ...
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What Happened to the Normal 5% Jobless Rate?

As the U.S. economy continues a string of months in which it adds 200,000 jobs, and the unemployment rate hit a multiyear low of 5.9% in September, one of the ...
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Will Labor Department Payrolls and Unemployment Report Meet Expectations?

On Friday morning, the U.S. Department of Labor will release its Employment Situation report for the month of October. Weekly jobless claims have been dropping throughout October, and ADP released ...
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ECB and UK Maintain Low Rates, Late Word on Quantitative Easing (Updated)

With deflation in the air in Europe, some form of additional easing measures might have been hoped for. That hope has faded, and the reality is that European Central Bank ...
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Russian Growth Expected to Hit Zero Next Year

Sanctions, and perhaps a drop in oil prices, are expected to stop Russia's 2015 gross domestic product (GDP) from moving at all, according to the new OECD Economic Outlook. That will ...
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ADP and TrimTabs Suggest Strong Payrolls From Labor Department

The markets are getting some solid support for the jobs market ahead of Friday's key unemployment and payrolls report. Strong jobs data has been seen on Wednesday morning from TrimTabs ...
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Minimum Wage Hikes Sought in Today’s State and Local Elections

Ballot initiatives in four states and three cities could, if approved by voters, raise the minimum wage for more than 600,000 workers. Minimum wage hikes are on the ballot in ...
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Employment Situation Preview

On Friday morning, the U.S. Department of Labor will release the Employment Situation numbers for the month of October. As weekly jobless claims have been dropping over the course of ...
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European Commission Slashes EU Growth Rates

The deep recession in Europe -- the European Union and the euro area -- was supposed to be over. Economies across the region had started to overcome years of drops ...
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October ISM Manufacturing Shows Stronger Trends

The Institute for Supply Management (ISM) released its Manufacturing Index for October. The reading of 59.0 compared to the Bloomberg consensus of 56.0. This was up from the reading of ...
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