Economy

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ISM-Chicago Shows Purchasing Managers Seeing Contraction

Among the slew of economic reports on Tuesday was the ISM-Chicago's Chicago Business Barometer for the month of May. This index fell 1.1 points to 49.3, a signal of slight ...
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How Friday’s Payrolls Report Could Skew Fed Rate Hike Expectations

Friday, June 3, 2016, will mark one of the most important economic readings of this summer. The U.S. Department of Labor will release its report on nonfarm payrolls, private sector ...
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Dallas Fed Manufacturing Indexes Went Negative in May

The Federal Reserve Bank of Dallas released the regional Dallas Fed Business Activity reading for May, showing a drop to −20.8 from a less negative −13.9 from April. The Manufacturing Production Index ...
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Consumer Confidence Drops Again in May

Consumer confidence managed to drop in May. The Conference Board survey showed that consumer confidence fell to 92.6 for the month. Bloomberg had a consensus estimate of 97.0 and Dow Jones was ...
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Credit Managers Index Shows Slowing Growth in April

The National Association of Credit Management (NACM) has released its Credit Managers Index (CMI) for the month of May. While the index did decline, it was shown to have remained ...
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Personal Spending Outpaced Income Gains in April

Personal income and consumer spending posted gains for the month of April. Personal income rose by 0.4% in April, meeting the consensus expectations from both Bloomberg and Dow Jones. Where ...
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North Korea Leads as Global Slavery Hits 46 Million

The Global Slavery Index, created by the Walk Free Foundation, measures the presence of slavery by country in 167 nations. Based on its definition, North Korea has by far and ...
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New Hampshire Spends Least Among States on Public Higher Education

New Hampshire spends the least on public higher education among America's 50 states. In most states in which this is true, tuitions are high. In the study, "States Investing the Most in ...
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Trump’s Mistake: 9 Counties Running Out of Water

Earlier this month, California lifted some — but not all — of its statewide restrictions on urban water use. That was not sufficient to satisfy the Republican Party's putative nominee ...
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California Drought Covers 61% of State, as Trump Denies It

According to the U.S. Department of Agriculture's drought monitor, 61% of California is currently suffering drought conditions ranging from severe to extreme to exceptional. Donald Trump, who is virtually certain ...
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Antarctica

Temperature Drops to Minus 94 Degrees in Antarctica

As Americans enjoy the Memorial Day holiday and the beginning of summer, at the southern end of the planet winter is tightening its grip. A weather station on Antarctica reported ...
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Temperatures Rise Above 110 Degrees in India and Algeria

Earlier this month, India recorded its highest-ever temperature of 123.8 degrees Fahrenheit in a town in the northwest part of the country. Saturday morning, the city of Ramgundam recorded a ...
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Car crash

439 People Expected to Be Killed in Memorial Day Crashes

Car accidents across the United States have fallen year by year, due to a combination of drunk driving addressed by MADD, better cars with improved safety features, and likely better ...
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Money

US Treasuries Dodge Saudi Bullet; Inflation Expectations at 8-Year High

It now appears that the U.S. Senate’s unanimous vote on a bill that would have exposed the Saudi Arabian government to American lawsuits over alleged involvement in the 9/11 attacks ...
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Mixed Bag in Consumer Sentiment Revision

The University of Michigan released its monthly revision for consumer sentiment in May. Its preliminary report two weeks ago had a reading of 95.8, a gain of seven points and the highest ...
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