Government statistics often look haywire or get out of whack, but there are certain moments when batched economic reports almost look like mass schizophrenia has arrived.
In the COVID-19-induced instant recession of 2020, the big mistake the public is making is tapping into their retirement accounts.
The Federal Reserve Bank of Dallas has released its monthly Texas Manufacturing outlook covering May 2020. The numbers look atrocious.
The Conference Board has reported that its Consumer Confidence Index managed to hold steady in May after a major decline in April.
Currently, the cities with the highest temperatures in the world are clustered in Pakistan and India, its neighbor to the southeast.
Hong Kong is under siege. China has said it will push new national security laws to control the population. Protests have erupted and the dispute has moved toward violence. More is at stake than…
Here are ten issues that offer some views to explain the stock market gains, even as the reopening of America's economy is still in the beginning stages.
A new survey from the World Economic Forum highlights the global risks that pose the greatest threats to economic recovery from the COVID-19 outbreak.
Europe remains the place where most nations are at risk of losing hundreds of millions of visitors and billions of dollars from tourism.
Germany’s Federal Statistical Office (Destatis) announced that first-quarter GDP dropped 2.2% as its economy plunged into recession. Notably, COVID-19 could only have affected the latter part of the quarter because its rapid spread in…
More employees appear to be heading back to work. The weekly jobless numbers are still ghastly compared to the past, but they are becoming less ghastly.
Sometimes the news has an exaggerated impact on the financial markets. Federal Reserve Chairman Jerome Powell provided the exaggeration on Wednesday.
When the Federal Reserve lowers interest rates to zero at the same time the Treasury has printed trillions of dollars for economic stimulus, many classical economists would throw up a red flag.
If one thing has proven to be true over time, and particularly in a wild 2020, the stock market is not the economy and the economy is not the stock market.
Global Manufacturing PMI as reported by IHS Markit, dropped to an 11 year low as all nations but China suffered sharp drops in factory activity. China’s improvement was negligible. According to IHS officials who…
