Economy - Page 2

Race and Gender Effects of Student Loan Debt

According to the latest report from the Federal Reserve, U.S. student loan debt totaled $1.438 trillion at the end of the first quarter of 2017, up by $32 billion compared ...
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JPMorgan Boosts Investment in Detroit to $150 Million

JPMorgan had planned to invest $100 million in the troubled city of Detroit. It has spent that entire investment, meant to aid a turnaround of the city. The big bank ...
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US Incomes, Wealth Increased Most Among the Wealthy

Median family income rose 2.9% for American households in 2014. For households in the 95th percentile, the increase was double that at 5.8%. Median wealth rose 12%, and wealth increased ...
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What Moms Want for Mother’s Day and What Amazon Is Selling

Somewhere between 60% and nearly 90% of Americans plan to celebrate Mother's Day (Sunday, May 14, in case you forgot) by presenting their mothers with a gift. But what does ...
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Why the Summer Looks Safe for Stocks This Year

Popular Wall Street sayings aren’t initiated in a vacuum. “Sell in May and go away” echoes are bouncing off the walls this time of year, and it is worth a ...
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Tax Reform Delay Will Harm US Economy: CEOs

Now that the Trump administration has revealed the outline of its tax reform plan, American businesses want the reforms to happen sooner rather than later. A recent survey by the ...
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As FOMC Holds Rates Steady, Views Remain Strong on Jobs Ahead of Friday’s Labor Report

Despite the Federal Reserve keeping its target fed funds rate on hold at a target range of 0.75% to 1.00%, all eyes are waiting for Friday's key employment report from ...
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State Department Warns on European Travel, Threatening Summer Tourism

Last year, terrorist attacks eroded summer vacation travel from the United States to Europe. This year, such trips could be undermined by America's own State Department. It has issued a "Europe ...
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Why a Weak GDP Report Matters to Bulls & Bears Alike

The U.S. Department of Commerce's Bureau of Economic Analysis delivered disappointing growth estimates of gross domestic product (GDP) for the first quarter of 2017. Investors and economists know that this ...
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North Korea: The Country and Military by the Numbers

Update: North Korea launched what appeared to be a new ballistic missile into the Pacific raising concerns in the region and increasing tension with the U.S. Despite its very ...
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Over Half of US Counties Had No Murders

Fifty-four percent of the counties in the United States had no murders committed in them in 2014, the most recent year for which the data are available. Just 2% of counties ...
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Why a Weak Durable Goods Report May Be Ignored

The first quarter of 2017 was marked with strong consumer confidence, solid spending and even better than expected corporate earnings. That did not translate into a very strong durable goods ...
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US Finally Free of Major Drought

After years in which California appeared to be a candidate for a century or more of drought, and areas in Texas, Oklahoma and northern Georgia had droughts bad enough to ...
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US Tornadoes Surge Toward Record

There have been 570 tornadoes so far this year, a spike that takes the number well above average. With an increase in unsettled weather, the figure could break the record ...
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10 Points to Consider About the Proposed Trump Tax Plan

The two unavoidable things in life are death and taxes. Depending upon how you view things, there might at least be less of a tax burden under President Donald Trump's ...
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