Economy - Page 2

Disappointing Payrolls Gain May Have a Silver Lining

One of the most important monthly economic releases is the Employment Situation report from the U.S. Department of Labor. This is one of the top measurements of a healthy economy, ...
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Global Debt Tops $230 Trillion

The Institute of International Finance reported that global debt reached over $230 trillion at the end of the third quarter. That is up $16 trillion from the end of 2016. ...
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10 States Where the Most People Are Moving (and Leaving)

Based on people who move in and out of states, people are moving to small states and leaving large ones. According to recently released United Van Lines’ 41st Annual National ...
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How Fed Interest Rate Changes Will Affect Consumers in 2018

At its December meeting — the last with Janet Yellen as Fed chair — the Federal Open Market Committee (FOMC) raised the Fed's policy rate to 1.5%. Under incoming Chair ...
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How December’s Unemployment Report Could Set the Tone for 2018 Expectations

The markets are going to get their last employment situation report for 2017 on Friday, January 5, 2018. The Bureau of Labor Statistics has shown large gains in payrolls over ...
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Americans Added $1,054 to Personal Debt This Holiday Season

The average addition to personal debt rung up by those Americans who went into debt this holiday season totaled $1,054, up from $1,003 a year ago and $986 in 2015. ...
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US Population Adds One Person Every 18 Seconds

The combined total of births, deaths, and net immigration will add one more person to the total U.S. population every 18 seconds in 2018. The U.S. population on New Year's ...
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Consumer Confidence Rapidly Peels Away From 17-Year Highs

The Conference Board has released its December reading on consumer confidence. After coming in at a rather strong preliminary 128.6 in November, the confidence index fell to 122.1 in December. ...
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New York Area Property Taxes Soar as Questions About Discretionary Income Rise

The Tax Foundation reported that property taxes in three areas around New York are so high that the loss of the property tax deduction will affect income of many residents ...
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Russia Setting Rules for Cryptocurrency Miners

At a meeting this week in Russia, cryptocurrency miners from 15 countries will show the country's parliament how cryptocurrencies are mined and explain how the miners' home countries regulate mining. ...
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Should Global Investor Confidence Really Still Be Shrinking?

With 2017 coming to an end, and with the Dow Jones Industrial Average up roughly 25% and the S&P 500 Index up about 20% in 2017, many investors are looking ...
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10 Financial Resolutions for the New Year

Making New Year's resolutions is easy. Keeping them is hard. Many resolutions involve health: losing weight, getting more exercise, eating a healthier diet. Taking care of your financial health is ...
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Consumer Sentiment Dips in December but Remains Quite Positive for 2018

The University of Michigan's revised consumer sentiment reading for December showed a downtick. While the report is not as broad as the Conference Board's consumer confidence reading, the data from ...
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Nonmanufacturing Activity Picked Up in the Northeast in December

The Federal Reserve Bank of Philadelphia already has released its business outlook survey for the manufacturing sector. Now it has also released its nonmanufacturing survey. The report shows that business ...
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Personal Spending Outpaces Income Ahead of the Holidays

The U.S. Department of Commerce's Bureau of Economic Analysis (BEA) has released its report on personal income and spending for the month of November. Both indexes posted gains, but spending ...
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