Consumer Confidence Kept Rising in October, Now at 18-Year High
The Conference Board reported Tuesday that consumer confidence rose again in October as U.S. consumers retain a positive outlook based largely on solid employment prospects.
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Dallas Fed Reports Texas Manufacturing Growth Slowing
The Federal Reserve Bank of Dallas reported Monday that expansion is continuing in Texas manufacturing but at a slower pace than in previous months.
Youth Homelessness Hits Rural Teens Hardest
Recent research indicates that the prevalence of youth homelessness is about the same in both rural and urban areas of the country. But rural youth face more challenges in escaping homelessness than their urban…
German Debt Rating Stays at Highest Level
S&P recently issued its latest opinion of German debt, giving it the highest grade possible. It also said the rating was "stable."
S&P Holds UK Rating Steady but With Negative Outlook
S&P has held its rating of the United Kingdom at AA/A-1+. It is the second highest grade S&P gives sovereign debt. However, the ratings agency’s outlook for the debt is “negative, a reflection of…
October Consumer Sentiment Stumbles Over Slow Wage Growth
The final October report on consumer sentiment showed a decline in U.S. consumers' confidence in both the current economy and in their expectations for the future.
GDP Growth Rate Slows Down to 3.5%
U.S. GDP grew by 3.5% in the third quarter, according to the Bureau of Economic Analysis' first estimate. Total GDP topped $20.6 trillion, but growth was slower than in the second quarter.
What Matters Most in Q3 GDP
Friday will be showtime for the first reading on third-quarter gross domestic product, which is the ultimate measurement of the U.S. economy.
10 Most Expensive World Series Tickets of Last 10 Years
Breaking a 108-year-old curse is enough to make fans pay whatever it takes to win the World Series. And that’s just what happened in 2016, when the Chicago Cubs broke the oldest World Series…
The Gender Pay Gap May Not Close in This Century
The gender pay gap is narrowing in the United States but at a snail's pace. Women currently earn about 80% of what men earn with the same education and years of experience.
Why Q3 GDP Report Already May Be Second Fiddle to Q4 Outlook
While President Trump is hoping for another healthy gain in GDP, the real issue already may be beyond what happened in the third quarter.
Trump Declares National Emergency
President Donald Trump now has used the Twitter platform to declare a national emergency, citing one of his favorite subjects.
Saudi Arabia’s Economy and Military by the Numbers
Saudi Arabia is the 41st-most populous country in the world, and it posts the 19th-largest nominal GDP. It also ranks fourth in the world based on military expenditures.
Why China’s New GDP Number Is Probably Not Accurate
Outsiders have questioned the accuracy of China's economic data for years. In part, that is because skeptics think the government manipulates the information to present a picture it would like the world to see.
America Becomes World’s Most Competitive Economy
The World Economic Forum has been gauging national competitiveness for nearly four decades. The United States has moved into first place among the 140 countries measured.