earthquake damage

Major San Francisco Earthquake Could Cause 6,000 Deaths, $8 Billion in Damage

The U.S. Geological Survey (USGS) recently published a paper about the chance of an earthquake that would include the Hayward and Rodgers Creek faults simultaneously. Earlier studies suggest the results could ...
Read Full Story »
crystal ball

Uptick in Leading Economic Indicators in September

Of the economic reports released on Thursday, one of the reports was the  Conference Board Leading Economic Index. This was a U.S. reading showing a 0.2% gain in September to ...
Read Full Story »
job seeker

Weekly Jobless Claims Post an Unexpected Gain

The U.S. Labor Department has released another report showing weekly jobless claims, and we saw a more substantial gain than we have become used to seeing in recent weeks and ...
Read Full Story »
Metal Pipe

Philly Fed Remains Positive, but Slower Growth in October

The Federal Reserve Bank of Philadelphia has released its October 2016 Manufacturing Business Outlook Survey results, what the rest of us call the "Philly Fed Manufacturing Report." Manufacturing activity in ...
Read Full Story »
Gross domestic product

Fed Beige Book Broken Down Into Just 14 Key Points

The Federal Reserve has released its Beige Book for October. Most investors and economists consider this a government report, but the reality is that this is a business survey conducted ...
Read Full Story »

Average Student Debt Hits $30,000 for Class of 2015

A student who graduates with $30,000 in debt could take years to pay it off, or may not pay it off at all, falling into default. According to the Institute for ...
Read Full Story »
credit cards

It May Take 26 Years for Some Americans to Pay Debt

Americans' credit card debt is on track to top $1 trillion by the end of this year. The average household debt currently sits at around $7,800 and needs only to ...
Read Full Story »

Inflation Reaches Fed Target Range, If You Look Closely

Is inflation coming or is it a hoax? The U.S. Department of Labor announced on Tuesday that inflation has finally arrived, if you know where to look for it. The ...
Read Full Story »
piggy bank

Why Americans Are Limiting Their Spending

Since 2014, a relatively stable 65% of Americans say they are limiting their spending. But with incomes once more on the rise (up 5.2% in 2015), the reason that the ...
Read Full Story »
bull and bear

Top Analyst Upgrades and Downgrades: Chipotle, IBM, Level 3, Netflix, PayPal, Salesforce and More

Stocks were indicated higher on Tuesday as earnings season starts to spew out major Dow earnings this week. Even with all the high valuations and even with a bull market ...
Read Full Story »
Inflation Ahead

CPI Watch: Why Some Worry That Consumer Inflation Will Keep Rising

On Tuesday, October 18, the Department of Labor is set to release its Consumer Price Index (CPI). This is the most direct measurement of inflation because it reflects what is ...
Read Full Story »
gear set

Empire Manufacturing Signals More Weak Trends for October

Monday's economic reports included a weak reading on manufacturing in October from the New York Federal Reserve. This is on the heels of weak industrial production and capacity utilization reports ...
Read Full Story »

Industrial Production & Capacity Utilization Weak in September

With it being an election year, it is not unusual to hear the politicians talk up the need for U.S. companies to build the factories of the future. There is ...
Read Full Story »
U.S. Federal Reserve

Fed Presidents and Governors Still Talking Up Rate Hike for 2016

The week of October 14 was a busy one for economic reports. It was also a busy week for the talking heads inside the Federal Reserve. Note that the most recent speeches ...
Read Full Story »
burning cash

What’s the Risk That Long-Term US Debt Skyrockets?

From The Fiscal Times A new global economic study documenting continued weak growth and high unemployment rates since the worst of the Great Recession contains a stern message for the ...
Read Full Story »