Fed Snips Another Quarter Point From Funds Rate
The Federal Reserve's open market committee on Wednesday cut the federal funds rate by another quarter point. Not everyone was happy with that choice.
Economy
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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 this sentiment.
After Fed Enters Repo Operation, Odds of FOMC Rate Cut Now Questionable
The odds of a September 18 FOMC meeting rate cut seemed to be in the bag during the volatility of August and September. But it has become more difficult to forecast the Federal Reserve's…
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 the bottom line but…
Consumer Sentiment Bounces From Recent Low
The University of Michigan has released its preliminary survey of consumer sentiment for September, while the trade war was weighing on the minds of consumers.
Companies Are Betting on Innovation to Fend Off the Next Recession
How likely is a recession and what steps do U.S. companies plan to take to mitigate the effects if a recession should occur? A new survey offers some clues.
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 to deal with spending…
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.
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 issues.
German Economic Growth to Drop Near Zero for 2019
As Europe's largest economy by far, Germany's growth is essential to the region, which already may be under pressure due to the effects of Brexit
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. But is the public just sticking its head in the sand?
Should a Month of Higher Producer Costs Be Scaring the Federal Reserve About Inflation?
The U.S. Bureau of Labor Statistics has reported that producer prices are starting to pose a problem for inflation. Or is that not the case?
New Census Data Shows Racial and Gender Inequality Remain Firmly Intact
The U.S. Census Bureau has released its annual data on median household income and poverty, and there are few surprises here.
Record High Number of Americans Fear They’d Be a Victim of a Mass Shooting
Mass shootings in the United States seem to happen nearly weekly. People have become so worried that almost half of Americans believe they will be victims.
Small Business Confidence in the Economy Erodes
It appears that worry about the economy has started to catch up to small businesses owners. One of the primary barometers of their sentiment was released Tuesday, and the results were troubling, although not…