Economy

Economic Confidence Hits Lowest Level Since Government Shutdown

The economic confidence of Americans has hit the lowest level since the federal government shutdown ended in January. Some of the drop has to do with worries about a recession. ...
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Major Global Growth Forecast Plunges to Lowest Level Since Financial Crisis

The Organisation for Economic Co-operation and Development (OECD) forecast of global gross domestic product and growth nation by nation has just hit the lowest level since the financial crisis. The ...
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Fed Snips Another Quarter Point From Funds Rate

As expected, the Federal Open Market Committee (FOMC) on Wednesday announced that the Federal Reserve will lower its policy interest rate from a prior range of 2% to 2.25% to ...
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Evaluating the Trickle-Down Effect of Federal Funding Squeezes for States and Local Governments

With the deficit in the United States now over $22 trillion, there may come a day when deficits and credit actually matter again. Until then, Europe and Japan are operating ...
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Is a Recession on the Horizon? CFOs Grow More Pessimistic

While U.S. markets are holding near all-time highs, the concerns about recession seem to be mounting. The Duke University quarterly survey of CFO Global Business Outlook gave some credence to ...
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After Fed Enters Repo Operation, Odds of FOMC Rate Cut Now Questionable

It has become more difficult to forecast the Federal Reserve's next move, or at least the timing of it. The odds of a September 18 Federal Open Market Committee (FOMC) ...
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See How These Companies Rank in the Diversity & Inclusion Index

More and more corporations are falling under scrutiny for in-house practices and policies in an increasingly critical culture. As a result, companies are striving to be better not just on ...
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Consumer Sentiment Bounces From Recent Low

The University of Michigan has released its preliminary survey of consumer sentiment for September. The index reading came in at 92.0, a gain from the 89.8 reading in August. While ...
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Companies Are Betting on Innovation to Fend Off the Next Recession

Later Friday morning, the University of Michigan will release its preliminary September reading of U.S. consumer sentiment. The consensus estimate calls for a slight increase from August's final consumer sentiment ...
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When Will $1 Trillion Deficits Start to Matter?

With another round of Presidential candidate debates on the docket, it's time to talk about deficits. Realistically, it seems no one in Washington, D.C. has any great plans about how ...
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Are Millennials Good Tippers?

Proper etiquette would suggest tipping for certain services, but this isn’t always the case. Some people are more generous than others, while many aren’t giving tips at all. A new ...
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European Central Bank Rate Cuts Just Support More Negative Interest Rates

The European Central Bank was expected to lower interest rates, and it delivered. This is after interest rates in Europe already had been below zero in many of the bond ...
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German Economic Growth to Drop Near Zero for 2019

Germany's Ifo Institute for Economic Research has downgraded its forecast for the German economy to a growth rate of 0.5% for 2019. That is more optimistic than some other forecasts, ...
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How Consumers Look Today as Recession Risks Become More Prominent

With the endless media calls for a recession, one would think most Americans would at least be preparing for a downturn. Either the public thinks the media's use of the ...
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Should a Month of Higher Producer Costs Be Scaring the Federal Reserve About Inflation?

The U.S. Bureau of Labor Statistics (BLS) has reported that producer prices are starting to pose a problem for inflation. Or is that not the case? Prices rose on a ...
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