Empire Manufacturing Posts Recovery in November
The Federal Reserve Bank of New York has released its Empire State Manufacturing Survey for the month of November. It managed to show a small gain, as opposed to a prior loss and expectations…
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48 Million Americans Will Travel This Thanksgiving, Las Vegas Is Top Destination
While most Americans who travel more than 50 miles from home to celebrate the Thanksgiving holiday this year will drive, more than 3 million will fly to their destinations.
October Retail Sales Strengthen for Nearly All Businesses
U.S. consumer spending continued its September rebound in October, recovering further from a dip posted in August. Overall sales growth was stronger than economists had forecast.
49 Million Americans Traveling This Thanksgiving
More Americans are expected to travel more than 50 miles from home to celebrate Thanksgiving this year than at any time since 2007.
How to Avoid 7 Common Black Friday Shopping Pitfalls
Even though a large portion of the U.S. population hate the idea of shopping on Thanksgiving Day — or even Black Friday — millions of Americans will hit the shops, both in the real…
Why Reince Priebus Was Selected as Donald Trump’s Chief of Staff
Now that Reince Priebus has been named as Donald Trump's chief of staff, 24/7 Wall St. wanted to see why Priebus was selected and what are perhaps some of the defining parts of his…
US Cities Spending the Most (and Least) for 2016 Holiday Season
As much as the annual holiday season lifts spirits for most Americans, the holidays also tend to ratchet up spending and borrowing.
What Trump May Mean for Your Retirement
If Donald Trump’s election signals anything, it is that things are about to be shaken up in a big way. It is always dangerous, perhaps even foolish, to try to guess what Trump will…
Strong Recovery Seen in Consumer Sentiment for November
The University of Michigan has released its preliminary view of consumer sentiment for the month of November.
Ratings Agencies and Economists Opine on Rising Interest Rates After the Election
This might not be a high over the past year, but the post-election moves just made a 10-year Treasury yield hit a high not seen since January.
Welcome to the Trump Recession
If consumer spending is two-thirds of gross domestic product, then Americans may recoil from the shock of a Trump victory by sitting on the sidelines as consumers during the heart of the holiday season.
Small Business Optimism Improves in October
The National Federation of Independent Business has reported that its small business optimism index for October remains well below the index's 42-year average.
A Third of Americans Hate Black Friday
Black Friday is in danger of becoming a tradition more honored in the breach than in the observance. Four in ten shoppers said that they had no plans to do any shopping on Black…
Student, Auto Loans at New All-Time High of $2.5 Trillion; Consumer Credit Jumps by $19 Billion
ThinkstockSpecial from ZeroHedge The Fed’s latest consumer credit report revealed that in September, overall household credit rose by a greater than expected $19.3 billion, above the $18 billion expected, if below last month’s near-record…
America’s 5 Youngest Presidents
Here are America's five youngest presidents ever to take office along with comments from their official biographies.