The latest minutes from the FOMC’s January meeting are showing a broader support to cut the bond buying, or to continue on the tapering as we have been growing more accustomed to each month.…
ThinkstockJanuary’s Producer Price Index has been released, and the wholesale inflation report is looking a bit more heated than what was expected. This report may be skewed or harder to compare on an apples-to-apples…
Even though some of the poorest people in the world can be found in emerging Asia, financial wealth there is on a path to outpace that of the United States by 2015, according to…
ThinkstockUpdate: Based on many media reports, the government’s opposition has taken the center of Kiev, and President Viktor F. Yanukovych has left the capital. Update: Another day of fighting appeared to lead to another…
To raise the minimum wage or not to raise it, that is the big question right now. It turns out that one’s opinion on the matter may be as simple as how you vote. 24/7…
ThinkstockA very large number of cigarettes sold in the United States are smuggled in and out of states, presumably to avoid taxes on the product. People apparently are willing to break the law to…
ThinkstockDespite an improvement in the nation’s jobless rate, concern about unemployment has become the top worry among Americans. The news comes as the ranks of the long-term unemployed remain historically high, and people continue…
Thinkstock Florida has staged a big comeback after years of high unemployment and one of the worst housing busts in recent memory. The state’s tourism industry posted record high results for a single year…
thinkstockIt is really hard to get excited about anything in Greece and the peripheral nations. That has been the mantra for years now, even before the U.S. recession. But maybe all bad things can…
Thursday brought two economic reports. First was the weekly jobless claims, followed by January retail sales. Oddly enough, weather was not really cited for any weakness. Stocks were already weak, and they have drifted…
The U.S. Treasury released its Budget statement for January 2014 on Wednesday afternoon. The deficit of $10.4 billion was far narrower than the $30.8 billion deficit expected by Bloomberg. It even came close to…
Chinese officials reported on Wednesday that the country's January exports were more than 10% higher than in January of 2013 and more than 4% higher than in December. But there is some doubt about…
ThinkstockDriven by a robust energy industry and a small population, North Dakota was ahead of all other states in terms of employee perceptions of job creation — for the fifth year in a row.…
courtesy of the Federal ReserveTuesday will mark the first ever testimony to Congress by new Federal Reserve Chairman Janet Yellen. One of the first things Yellen will address is the important contributions of Ben…
The National Federation of Independent Business Tuesday morning reported that its small business optimism index for January barely ticked up. But sales expectations and hiring expectations rose more sharply.