Economy
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ThinkstockMany experts have pressed the theory that “normal” unemployment rates in a healthy economy should sit around 5%. As the…
ThinkstockThe Federal Reserve has released its year-end reading of household net worth, as well as domestic nonfinancial debt, for 2013.…
ThinkstockIt looks like the market is going to have to brace for yet another lackluster payrolls and unemployment report on…
ThinkstockThe number of people with $30 million or more in assets increased to 167,000 people worldwide last year. The count…
ThinkstockBefore getting too excited about the end of tensions, one must understand that the Russian ambitions in Crimea and the…
White House Photo by Pete SouzaWarren Buffet of Berkshire Hathaway Inc. (NYSE: BRK-B) appeared to shrug off concerns over Russian…
ThinkstockU.S. manufacturing expanded at a quicker pace in February, according to the closely followed Institute for Supply Management (ISM) index.…
ThinkstockU.S. trade with Russia amounted around $33 billion in 2013, down from around $40 billion the year before. Russia had…
ThinkstockMonday’s economic reports targeted personal income and personal spending, but we would note that the markets are currently focused on…
ThinkstockDetroit has enough problems with its shrinking population and falling tax bases, its Chapter 9 filing, and battles with pensions…
ThinkstockThe Chinese renminbi, or yuan, is still pegged to the U.S. dollar. China has been accused of being a currency…
Friday's markets had been in limbo and were looking for direction, and the Chicago PMI acted as an unusual and…
ThinkstockFriday’s key economic report was the first revision to fourth-quarter gross domestic product (GDP). The Commerce Department’s numbers were expected…
ThinkstockThe Commerce Department’s reading on durable goods is one of the most volatile economic reports issued each month. Then there…
In each of the 50 states, income growth among the top 1% of earners rapidly outpaced that of the bottom…
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