Federal Reserve

Consumer Inflation Not as Hot as Producer Inflation, but Plenty Justification for Rate Hike

After a strong reading on the Producer Price Index (PPI) for November, the U.S. Department of Labor has reported a strong reading for the Consumer Price Index (CPI) in that ...
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Bitcoin futures started to trade. According to The Wall Street Journal: The bitcoin contract expiring in January opened at $15,000 and spiked to $16,660 within the first six minutes of ...
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Why a Flattening Yield Curve Means Recession Ahead

The yield curve is flattening fast. The spread between 10-year and two-year Treasury yields has shrunk to just over half a point, a level not seen in over a decade. ...
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CVS Healthcare Corp. (NYSE: CVS), a major provider of pharmaceutical products and benefits, will buy huge insurance company Aetna Inc. (NYSE: AET) in a $69 billion deal. It will create ...
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Amid Market Turmoil, Q4 GDP Forecasts Gets Big Fed Upgrade

On a Friday, when the markets had been glued to headlines around tax legislation, and then again Flynn-Russia-Trump news, the Federal Reserve's view on U.S. gross domestic product (GDP) for the ...
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Texas Manufacturing Growth Slows in November

The Federal Reserve Bank of Dallas has released its monthly Texas Manufacturing Outlook Survey for November. This was one of the regional issues to watch from the impact of Hurricane ...
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Wholesale Inflation Rises Above Fed’s Inflation Target

The U.S. Federal Reserve has had a 2.0% to 2.5% target range on inflation for years now. Unfortunately, that target has been rather elusive until recently. Now, almost all ...
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The Wall Street Journal reports that Amazon.com Inc. (NASDAQ: AMZN) has come up with a way to improve its competitive pricing for the holidays. The paper's editors wrote: Amazon has ...
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The Houston Astros beat the Los Angeles Dodgers in the seventh game of the World Series. It is Houston's first title. Russian ads on Facebook where highly targeted. According to ...
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Janet Yellen Continues Moving to Reduce the Federal Reserve’s $4.5 Trillion Balance Sheet

Any time there is a Federal Reserve meeting investors pay attention. After all, the Federal Open Market Committee is the body inside the Fed which can determine whether or not ...
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"Jigsaw" was the biggest winner at last week's box office. According to Box Office Mojo: With an estimated $16.25 million, Lionsgate's Jigsaw brought the Saw franchise back to the big ...
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Ahead of the FOMC: Fed Already Trimming the $4.5 Trillion Balance Sheet

The week of October 27 was a busy one for the financial markets, and strength continued in both the economy and earnings. The big news on central banking front was ...
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Nike Inc. (NYSE: NKE) said its annual sales will reach over $50 billion within five years. Amazon.com Inc. (NASDAQ: AMZN) will launch a program called Key that will allow deliveries ...
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Chicago Fed Shows National Economic Activity Rebounded in September

The Federal Reserve Bank of Chicago may be a regional branch of the Federal Reserve system, but it releases an economic index that tracks national business activity. This is the ...
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According to a report by The Wall Street Journal, Wal-Mart Stores Inc. (NYSE: WMT) may cut a deal with luxury retailer Lord & Taylor to add its e-commerce website to ...
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