Third Greek Bailout Gets Its First Test With Sunday’s Elections
Greece goes to the polls for the third time in four years on Sunday, and the consequences could be very deep, and pushing the monetary union into disarray for a fourth time.
Economy
All Economy Articles
Newest first · Page 251Drop in Weekly Jobless Claims
The U.S. Labor Department announced that weekly jobless claims fell to 264,000 in the last week.
Fed Gets Disappointing CPI Inflation News Ahead of FOMC Rate Hike Decision
Inflation is what the Federal Reserve wants more of to give it cover for raising interest rates. It turns out that they may have to find something else.
Global Economic Growth to Slow: OECD
Another large independent organization has followed the World Bank and International Monetary Fund in a downgrade of global growth this year.
UN General Assembly Adopts Plan to Reform Security Council
The United Nations General Assembly on Monday adopted a negotiating text that sets the stage for adding India as a permanent member of the Security Council.
Business Inventories Ticked Marginally Higher for July
The latest report on U.S. business inventories showed a slight rise in the month of July, right in line with expectations.
Weak Industrial Production and Capacity Utilization Reports for August
The U.S. Federal Reserve has announced its reading on industrial production and capacity utilization for the month of August.
Mixed Retail Sales Report for August
The August U.S. retail sales report was positive but mixed, when you take the revisions for July into consideration.
Another Ugly Empire Manufacturing Report
After a very negative August reading, the Empire State Manufacturing report for September was almost as ugly, as well as way short of estimates.
Will NY Fed Empire Manufacturing Escape the Ghosts of August?
ThinkstockTuesday will be one of the last Federal Reserve reports that the FOMC gets to digest ahead of its decision on interest rates. The Federal Reserve Bank of New York will release its Empire…
Will the Fed’s $4.5 Trillion Balance Sheet Matter In Its Rate Hike Decision?
ThinkstockThis week will bring yet another FOMC meeting where the U.S. Federal Reserve will release its decision on interest rates for Fed Funds. Whether or not that new announcement comes with a formal interest rate hike or…
Will Higher Revenues Move the Needle for Puerto Rico?
The question to ask in the case of Puerto Rico is if higher monthly revenues actually will be enough to move the needle at a time where the nation needs serious help on its…
Lottery in Illinois Sued for Non-Payment
There are plenty of tales about lottery winners who go broke, but in Illinois there is a new twist. The state lottery commission has delayed payouts.
Several Views of the ‘Will They, Won’t They’ FOMC Rate Hike Decision
Everyone is still talking about whether the Federal Reserve will raise the fed funds rate in the next week.
Consumer Sentiment Falls in September
It is mid-month, and the University of Michigan has released its preliminary view on consumer sentiment for the month of September.