Economy - Page 2

What Fitch Ratings Has to Say About the UK Election

The U.K. general election results are in and it has a few people surprised. The Conservative party was hoping to gain some ground in Parliament but in fact lost some ...
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Will a Drop in Wholesale Inventories Hurt Q2 GDP Growth?

The monthly release of wholesale trade inventories data rarely moves the markets, and it is reported with a one-month lag. Yet the April reading of wholesale inventories might actually have ...
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US Household Wealth Hits New All-Time Record in 2017

The Federal Reserve has now shown that US household wealth rose by 1.4% to $94.8 trillion in the first quarter of 2017. This is a record level and it is ...
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Credit Card Red Flags Raised, With Debt on Pace to Reach $1 Trillion

Consumers are pushing credit card debt to alarming levels, according to WalletHub. The online financial adviser projects consumers will add $60 billion in credit card debt this year, lifting the ...
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OECD Forecasts Quickening Global Growth

The Organization for Economic Cooperation and Development (OECD) offered its global outlook on the economy, both worldwide and in major regions. It expects solid growth in most areas and improvement ...
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There Are Now Over 6 Million Job Openings in America

After each month's payrolls and unemployment report from the U.S. Department of Labor, economists and investors get a closer look at the internal metrics of the jobs markets by getting ...
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May New Hiring Rate Strongest in 23 Months: LinkedIn

The month of May was the strongest single month for hiring new employees since June of 2015, according to a report released Monday morning by professional social media site LinkedIn. ...
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Oil-Rich Qatar by the Numbers: Bastion of Stability in a Turbulent Region

Qatar, a small nation on the Arabian peninsula, became a major news story Monday after six Arab nations, among them Saudi Arabia and Egypt, suspended diplomatic relations with that country, ...
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Women Hold Almost Two-Thirds of College Debt

Women comprise 56% of those people who were enrolled in colleges and universities last year. On a ratio basis, their debt problems are much larger than the percentage of this ...
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Female New College Graduates Earn $3 an Hour Less Than Males

In 2000, young female college graduates earned 92 cents for every dollar that their male counterparts earned. In 2017, young female graduates are paid 86 cents for every dollar that ...
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Over Half of 2017 Graduates Regret Student Debt

Student debt has become one of the largest credit problems in the United States. The total sum is $1.3 trillion owed by over 40 million people. The overall delinquency rate ...
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Texas Manufacturing Activity Continues Its Strong Recovery in 2017

The Federal Reserve Bank of Dallas has released its Texas Manufacturing Outlook Survey, showing that factory activity in the Texas region increased at a faster pace in May. Business executives ...
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Is the Robo-pocalyse Upon Us?

The argument over the impact of continuing technological advances on labor markets has been around at least since the Industrial Revolution introduced steam power and mechanization to the world. Overall ...
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What China’s Downgrade Really Means for Your Money

When the public hears news that a major nation takes a major credit rating downgrade, it should bring at least some cause for concern. After all, it can imply that ...
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Moody’s Slashes China Debt Rating

Moody's cut China's debt rating to A1 from Aa3 because of rising national financial obligations and worries that GDP growth rate will slow. It is a blow to the central ...
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