Will China’s 1.4 Billion People Be Locked Down?
As travel to and from China becomes more restrictive, the nation's 1.4 billion people could find themselves basically locked down within their own borders.
Economy
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Coronavirus Threat Doesn’t Weigh on Consumer Sentiment
Consumer sentiment rose slightly last week after a slight pause in the first weeks of the new year. U.S. consumers appear to be ignoring the global economic threats of the coronavirus outbreak.
Why the Return to an Inverted Yield Curve May Bring More Premature Recession Calls
With the Federal Reserve announcement on a decision on interest rates this week, many eyes will be focused on what is going on with Treasury yields over the coming days.
NABE Survey Sees Stronger 2020 Economy
A survey of business economists indicates that more companies are expecting the economy to improve this year than they did just three months ago. Labor shortages and the impact of tariffs remain concerns, however.
A New Black Swan? Virus Cripples China And Spreads
Rarely does a disease spread fast enough and is labeled dangerous enough that it quickly gets the attention of the World Health Organization. A coronavirus, which has killed dozens of people in China and…
Alaska Jobless Rate Is 75% Above National Average
Alaska remained the state with the highest unemployment rate in December for several reasons. Yet, the median household income in Alaska is among the highest of all states.
Why Negative Interest Rates Are Likely to Remain Through 2020
While the interest rate environment in the United States is still expected to remain stable for most or all of 2020, there are still likely to be negative interest rates outside of the United…
US Drops to Worst Corruption Score in 8 Years
The United States sank to its lowest score of the past eight years on a corruption index scale published by Transparency International.
Consumer Sentiment Turns Positive Again
After a rocky first week of 2020, consumer sentiment has once again turned positive, according to analysts at Morning Consult.
Global Economy Expected to Improve Slightly, Still Constrained: IMF
The IMF on Tuesday released the latest revision of its World Economic Outlook, just in time for the start of the World Economic Forum in Davos.
Over Half Of US CEOs See Declining Economy This Year
The most notable finding of the PricewaterhouseCoopers 23rd CEO survey is that six in 10 of them believe there will be a global growth decline within the next 12 months.
IMF Turns Negative
The new Global Economic Outlook from the International Monetary Fund strikes a positive tone at first. It then piles on all the threats to the global economy.
As US-China Trade Deal Is Signed, China’s Slower Growth Comes Into Focus
With a slowing economy and with trade tensions with the United States high in 2019, China's growth rate came in at 30-year lows.
Holiday Retail Sales Growth Were Better Than Many Troubled Retailers Are Suggesting
It is rather important to evaluate retail sales when it comes to the broader economy. Somewhere close to 70% of total U.S. gross domestic product is tied to spending at the consumer level.
How $253 Trillion in Total Global Debt Measures Against the United States
The Institute of International Finance has issued its latest outlook on debt. 24/7 Wall St. wanted to put some of the overgrowing debt into context in U.S. terms.