Whether economists were caught by surprise over the strength of Consumer Confidence was entirely predictable probably remains up for debate. What should not be up for debate is that investors and economists should have…
Federal Reserve Governor Jerome Powell was speaking at the Economic Club of Indiana in Indianapolis on Tuesday, and he talked up the chances of a rate hike for December.
As the year comes to an end, you can expect to see more and more 2017 forecasts. Fitch Ratings is joining in on that trend.
Cyber Monday 2016 is now in the books with, as expected, a new record for the largest online sales day in history.
Sometimes headlines just do not tell a full story. That was the case with the Dallas Federal Reserve's Texas Manufacturing Outlook Survey.
The first revision for third-quarter gross domestic product was higher than both the first estimate and the expectations already shown.
The OECD's 2016 Economic Outlook could have been written with the results of the U.S. election in mind, even though that is probably not what happened.
It may be a holiday weekend, but 24/7 Wall St. wanted to give investors, business owners, and consumers insight into what to expect as 2016 ends and 2017 gets closer. The first order of business…
When it comes to international trade, the United States has been running a deficit for decades. The Friday after Thanksgiving is a day when most people in America are not working, but there is…
Thanksgiving Day is a uniquely American holiday, and most Americans celebrate the holiday with a family get-together, a Thanksgiving feast, and then maybe football or shopping. What’s not to be thankful for? In keeping…
It turns out that it isn’t just the attitude of business owners and managers that is improving in November. The post-election rally has been impossible to ignore, and that appears to have bled over to…
The markets have seen two weeks of post-election rallying, while U.S. interest rates and the dollar have both been rising in anticipation of a return to growth. Markit has already released stronger-than-expected numbers in…
We have yet another strong economic report around U.S. manufacturing. Markit’s Flash U.S. Manufacturing PMI appears to indicate the strongest rise in U.S. manufacturing production since March 2015. What may matter here is that this…
Last week’s massive drop in weekly jobless did not seem to repeat itself. That being said, jobless claims remain stubbornly low and signal a continuation of a good employment market. The U.S. Labor Department…
The U.S. Commerce Department has released its Durable Goods report for the month of October and it was a strong number across the board. 24/7 Wall St. would remind investors, readers, and economists that…
