Moody’s: Low Oil Prices Will Not Help Global Growth
A drop in crude prices will not help global growth, because too much of the world's economy is deeply wounded and will be for two years or more.
Economy
All Economy Articles
Newest first · Page 269With Low Gas Prices, Why Are Consumers Staying So Frugal?
ThinkstockWith falling gas prices, accelerated job growth and low interest rates all currently in play, you would think that consumer spending would increase. The natural outcome should be for consumers to splurge but the…
USDA Projects Farm Income to Drop 32% in 2015
The USDA has released an updated summary of its Farm Income and Wealth Statistics, and U.S. farmers appear to be in for a tough year.
January Small Business Optimism Slips From 8-Year High
The National Federation of Independent Business has reported that its small business optimism index for January declined.
Average Tax Refund Hits $3,539
Income tax refund levels are so strong this year that they might join lower gasoline prices to further improve consumer spending.
Moody’s Reviews Greece for Potential Downgrade
Moody's, the credit research service, has expressed doubt about the future of Greek debt.
Huge Revisions Move Unemployment
The U.S. Department of Labor's latest Employment Situation report indicates that employers across the United States fell behind in hiring in January from December’s revised numbers.
Can You Trust the New Higher Growth Forecasts in Europe?
What does a massive round of quantitative easing in Europe, an environment of deflationary pressures and a testing of negative interest rates tell you?
Euro Area Economy Expected to Grow 1.3% in 2015
The European Commission has gone out on a limb with its forecasts for improvement of gross domestic product for the euro area in 2015 and 2016.
ADP Sets Weak Tone for Labor Department Payrolls and Unemployment
ADP has released its January private sector payrolls report, and on the surface it looks disappointing.
Hope for Turnaround in Europe
Eurozone PMI in January was better than forecast and better than the preliminary flash figure , offering a glimmer of hope that the economies of Europe may not be rushing into recession.
China PMI Contracts in January
China continues to insist that its economy will grow at a rate of 7% or better, even though its PMI contracted in January.
Consumer Sentiment Hits Decade High
The University of Michigan consumer sentiment reading for January was the highest that it has reached in the past decade.
Disappointing Q4 GDP: The Taming of Growth
Though the preliminary fourth-quarter GDP reading is lower than in the third and second quarter, it is rather solid given the state of the rest of the world.
Jobless Claims Hit New Decade Low
The U.S. Labor Department is out with yet another installment of its weekly jobless claims report.