Economy

Smokestacks

Empire State Manufacturing Hits Multiyear High

The New York Federal Reserve has released the Empire State Manufacturing survey for the month of September. The September 2014 Empire State Manufacturing Survey indicates that business activity ramped up its pace ...
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global economy

OECD Cuts U.S. GDP Improvement

The Organization for Economic Cooperation and Development (OECD) released its interim economic assessment Monday morning, saying that the global economy continues to expand at a “moderate and uneven pace.” The ...
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Texas Capitol

State With the Highest Deaths on the Job

Work-related deaths dropped slightly from 2012 to 2103, according to the Bureau of Labor Statistics (BLS), down from 4,628 to 4,405. Maybe worker safety programs are yielding better results. The ...
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Chinese flag

Economic Numbers in China Looking Atrocious

Tracking economic data out of China is extremely hard to compare to the rest of the world. After all, most of the world would be thrilled to have growth numbers ...
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Consumer Sentiment on the Rise

The Consumer Sentiment Index from Reuters and the University of Michigan was released Friday morning. The trend through August has been overall positive posting sentiment gains. The consumer sentiment reading ...
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Oil Tanker

Import and Export Prices Fall in August, Led by Oil

The U.S. Bureau of Labor Statistics has released the import and export prices for the month of August. Prices fell on the overall readings, but this was driven down by ...
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consumer electronics

Retail Sales Make Strong Recovery in August

The U.S. Department of Commerce has released the retail sales report for the month of August. After another consecutive disappointing month in July, retail sales changed their tune and made ...
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Treasury Budget Deficit Narrows in August

The U.S. Treasury has issued its budget for the month of August 2014, showing a deficit of $128.708 billion. The report is based upon receipts (taxes and income) of $194.248 ...
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US Treasury building

Stellar 30-Year U.S. Treasury Bond Auction

The U.S. Treasury has conducted a 30-year Treasury bond auction and the results looked impressive. The news seems a bit surprising considering what has happened with a Ukraine-Russia ceasefire and ...
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U.S. Credit Card Debt on Track to Rise by $55 Billion in 2014

Americans added more than $28 billion in new credit card debt during the second quarter of 2014, wiping out more than 85% of the first-quarter pay down of $32 billion. ...
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crude oil prices

Short Interest on the Rise in Major Oil Stocks

The short interest data from the August 29 settlement date is out, and we saw a bias toward higher short interest readings, compared to the August 15 settlement date. The ...
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Weekly Jobless Claims Unexpectedly Rise

The U.S. Department of Labor has released its report on weekly jobless claims. Some economists were wondering if the Employment Situation's weak payrolls report from the previous week would have any ...
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robots

Should Regulation Cost $2 Trillion in the Manufacturing Sector?

With the exception of a few people who have no care about consequences, most Americans would agree that some form of regulation and laws governing companies and entities has to ...
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Wholesale Inventories Rise Slower Than Expected

The U.S. Census Bureau released the numbers for the monthly wholesale report for July 2014. The total inventories only rose 0.1%, against a Dow Jones and Bloomberg consensus estimates of ...
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Hiring, Quits, Firing — JOLTS Remains Virtually Unchanged

The U.S. Bureau of Labor Statistics released the Job Openings and Labor Turnover Survey, or JOLTS report, on Tuesday. The job openings and hiring statistics remained somewhat static from the ...
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