Fed Presidents and Governors Still Talking Up Rate Hike for 2016
The week of October 14 was a busy one for economic reports. It was also a busy week for the talking heads inside the Federal Reserve.
The week of October 14 was a busy one for economic reports. It was also a busy week for the talking heads inside the Federal Reserve.
A new global economic study documenting continued weak growth and high unemployment rates since the worst of the Great Recession contains a stern message for the United States.
The United States has a $18 trillion economy, which makes it the world’s largest by GDP.
That retail sales in September showed a bit of a comeback after a disappointing August may fly in the face of the retail sales we have seen from some of the nation's largest retailers.
The jobless claims data continues to look stellar, but the rest of the core readings show a jobs market that is far less robust than it was just a few months ago.
The Federal Reserve has been hoping, praying and trying to forecast for a return of 2.0% inflation. At that rate, it can begin to finally raise interest rates.
U.S. consumer spending bounced back in September from a slight dip in August. Overall sales growth rose slightly less than economists had forecast.
Nearly two-thirds of Detroit's residents have subprime credit. More than two-thirds have delinquent debt and a shade under two-thirds have debt in collections.
Of the largest 100 world economies, 42 are cities, although national economies grab the top 13 positions in the rankings before the top city, Tokyo, sneaks in at number 14.
The sequential rise in import prices for September was led by higher fuel prices, according to the Bureau of Labor Statistics.
The Bureau of Labor Statistics has reported yet another weekly jobless claims decline. This marked 84 consecutive weeks in which initial claims were less than 300,000.
Extreme poverty remains a worldwide social and economic scourge. According to a report from the World Bank and UNICEF, 767 million people around the world live on less than $1.90 per day — a…
The Federal Reserve has released the minutes of the Federal Open Market Committee from September. It was already known that three votes had been cast to raise interest rates. Those are the hawks. What…
The U.S. Treasury just held a 10-year Treasury Note auction, and this was going to be a highly watched auction. After all, U.S. interest rates have ticked higher almost daily now to the point…
The number of opinions on the value of a particular home remodeling project is at least as large as the number of remodeling projects homeowners might want to tackle. One constant, though, is how…