24/7 Wall St. Wire


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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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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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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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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Oil spill

EIA Lowers 2014 and 2015 Global Oil Demand Outlook

The U.S. Energy Information Administration (EIA) has released its International Energy Outlook for 2014, and the outlook is one of lower price expectations in oil in 2014 and 2015. While ...
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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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Credit cards

Consumer Credit Shows Credit Use On the Rise

Consumer borrowing picked up in July. The total outstanding consumer credit, excluding real estate secured loans, increased to $3.238 trillion at a seasonally adjusted annual rate of 9.7% in July ...
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Employment Trends Index Looks Better Than Labor Department Payrolls Data

The reading on the Employment Trends Index may seem like an afterthought, considering the disappointing payrolls report from the U.S. Labor Department on Friday. That being said, this report may ...
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cash register, not full

Is the Small Business Economy Growing Fast Enough?

It has been known for several years now that this current economic recovery would require raw net growth from the small business economy. Many large businesses have continued to keep ...
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