U.S. Markets Could Open Higher As Futures Rally
The effects of the Brexit on U.S. markets could be short lived. Futures have rallied off bottoms set just after the vote was announced. What the event will do to the American financial world…
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U.K. Markets Rally From Bottom After Brexit Drop
The only markets which have recovered from bottoms made by sell-offs in Asia and Europe are those in the U.K. The FTSE 100, which was off over 8% has come back to a drop…
People Waste Time on Social Media While at Work
White little has been written about the effect of social media on worker productivity while people are on their jobs, new research shows that workers do waste time on social media.
Eurozone June PMI Points to Weak Growth
The eurozone can be added to large economic areas with weak expansion, according to Markit Flash PMI for June. Add this to pessimism about the United States, recently voiced by Federal Reserve Chief Janet…
IMF Says US Economy in ‘Good Shape,’ but Faces Challenges
The U.S. economy is "overall, in good shape" according a statement by the International Monetary Fund (IMF) released Wednesday.
Hong Kong Is Most Expensive City in the World to Live In
The Mercer's annual "2016 Cost of Living Rankings" reports that Hong Kong is the most expensive city for expats to live.
Yellen Testimony Continues Bias Toward Only Very Gradual Rate Hikes
Tuesday, June 21, brought the Federal Reserve's semiannual Monetary Policy Report from Fed Chair Janet Yellen in front of the U.S. Senate Committee on Banking, Housing and Urban Affairs.
66 Million Americans Have Zero Emergency Savings
According to a new survey from Bankrate.com, 66 million Americans have no money saved for an emergency, and just one-third of Americans ages 36 to 51 (Gen X) have saved anything at all.
Germany’s Economic Sentiment Rises in June
Just two days before U.K. voters cast their ballots whether to remain in the European Union, the Center for European Economic Research has released its economic sentiment index for Germany.
Over 65 Million People Displaced in 2015: UN
Various conflicts and related problems caused 65.3 million people to be displaced around the world by the end of 2015, according to a new United Nations study.
If UK Leaves EU, National Relationship Negotiations Could Last Years
The IMF recently released an examination of the U.K. economy that was upbeat. Tempering its comment was anxiety about the results of a split from the European Union.
Connecticut Top 1% Make Over $650,000
The top 1% are not all created equal, at least from state to state according to the Economic Policy Institute (EPI).
Philly Fed Remains Muted in June
The Federal Reserve Bank of Philadelphia reported its Business Outlook Survey for the month of June on Thursday morning.
Weekly Jobless Claims Rise More Than Expected
The U.S. Department of Labor reported that weekly claims rose by 13,000 to 277,000 in the week ending June 11.
Ifo Economic Forecast Shows Strengthening German Economy
The Ifo Economic Forecast for Germany showed an acceleration of the fourth largest economy measured by GDP for the second half of 2016 and all of 2017.