In his 1958 hit single “Summertime Blues,” rock-and-roller Eddie Cochran threatened to raise a ruckus “About workin’ all summer / Just-a trying to earn a dollar.” Chances are that today he wouldn’t have anything…
The fireworks business receives most of its revenue in the leadup to the 4th of July holiday. That revenue has surged recently.
Almost 49 million Americans will travel over the Fourth of July weekend, according to the AAA. That will be a record.
Because China's economy and employment is so dependent on factory work, contraction means that a key factor of the health of domestic product has signaled deep trouble.
The International Monetary Fund has posted its financials. Here are the results.
The University of Michigan consumer sentiment index for June was the same as the index reading for June 2018. Month over month, however, the index declined slightly on consumer worries about added tariffs.
The Commerce Department reported gains in both personal income and in spending in May of 2019. The gain in personal income was primarily from personal interest income, wages and salaries, and government social benefits.
Could hackers take control of much of your town's government and essentially hold it for ransom as the only means to get its systems back online? It's a question that is being asked more…
If there is one industrial component that can help sway the impact of gross domestic product, look no further than the monthly report on durable goods.
There is a battle in the federal courts over control of the national census, who will be included in the count and even when census ballots are printed.
Jerome Powell is being less dovish than the market and President Trump want him to be. FOMC votes to not cut fed funds rate and is slower than the consensus forecast of rate cuts…
The Conference Board reported Tuesday that its consumer confidence level hit a 21-month low in June.
The strong economy has finally started to show some weakness around slower global growth and trade tensions. After a very weak Empire Manufacturing report from the Federal Reserve Bank of New York, the Federal…
May's reading on retail sales did manage to post a 0.5% seasonally adjusted gain. That's the good news.
It is not at all unusual for economists and market watchers to worry about trade tensions escalating. Where things break apart between the glass viewed as half-empty or half-full is if the trade tensions…
