Only 2% of Democratic primary voters say that Michael Bloomberg is their first choice for the 2020 election, a sign of the tremendous uphill battle he has in the fight for the nomination.
Now that markets have hit new highs and now that longer-term interest rates have risen again, we are getting a first look at consumer sentiment for the month of November.
News of the trade negotiations between the United States and China going well begs the question of whether U.S. interest rates have anywhere to go but back up.
Consumer sentiment improved last week according to the latest report from Morning Consult. That's good news for the economy heading into the holiday shopping season.
Despite some economic warning signs, Christmas spending is expected to reach an all-time high this year, a sign that the consumer will continue to bolster the American economy through the end of the year.
Hong Kong, one of the business capitals of the world, is in recession, according to its Census and Statistics Department. Hong Kong’s economy, if measured independently from China, which controls the region, would rank…
A new study from the Federal Reserve Bank of Richmond looks at how high-skill occupations are distributed around the U.S. and concludes that centralization in a few key cities may be the most economically…
Wednesday’s announcement by the Federal Reserve’s Open Market Committee (FOMC) of a quarter-point cut in its policy rate was expected. According to the CME FedWatch Tool there was a 99% probability that Fed Chair…
While Wednesday was supposed to be a day about a Federal Reserve rate cut by the Federal Open Market Committee, it was also the day that brought the first look at third-quarter gross domestic…