Labor Department Shows Huge Jump in Weekly Jobless Claims
The U.S. Labor Department has released a somewhat disappointing reading for weekly jobless claims.
Economy
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Newest first · Page 268Finally, a Good Durable Goods Report
The U.S. Commerce Department has released its durable goods reading for the month of January, and the headline number blew out expectations.
How Much Longer Can Home Prices Rise Faster Than Inflation?
No matter how you slice it, U.S. home price gains are outpacing inflation.
Janet Yellen Testimony Verdict: Very Patient on Rate Hike Timing and Degree
Janet Yellen, chair of the Federal Reserve, is delivering more good news to the financial markets in her Semiannual Monetary Policy Report to the Congress.
Half of Americans Fail to Save Money
The results of a new survey show that half of Americans do not save enough money, which is more important as people age.
Financial Security Hits All-Time High, While Many Still Struggle With Debt
ThinkstockThere is some mixed news today on the state of the average American’s financial situation. Some might say this is a glass half-full versus half-empty argument. Most Americans have solid emergency savings at this point, but…
Texas Business and Manufacturing Suffers Further From Low Oil Prices
The Federal Reserve Bank of Dallas has released its Texas Manufacturing Outlook Survey for the month of February.
Russian Debt Cut to Junk by Moody’s
Russia's bad behavior, which has resulted in economic sanctions and the collapse of oil from over $100 in June to $50, has taken another toll.
FOMC Content to Remain Patient
The Federal Reserve on Wednesday afternoon released the minutes of the January 2015 meeting of its Federal Open Market Committee (FOMC).
Economic Confidence Keeps the Streak Alive
ThinkstockThe U.S. Economic Confidence Index, tracked by Gallup since 2008, remained at its +3 level for its third consecutive week running. However, the index has been positive for the past eight weeks. The index…
A 21st Century Drought May Ruin Part of US
The ongoing drought, particularly in California, has been described as the worst in the region for decades. But it may get worse.
Consumer Sentiment Far Short of Estimates
The preliminary consumer sentiment figures for February have been released by the University of Michigan.
CEOs Rate US as Most Important Market
China's GDP growth has slowed, leaving the United States as the world's most attractive market, says a recent study.
Big Unexpected Surge in Weekly Jobless Claims
The U.S. Department of Labor has released the most recent report on weekly jobless claims.
Ukraine Gets $17.5 Billion From IMF
Troubled by both war and the threat of financial collapse, Ukraine got a lifeline from the International Monetary Fund.