Federal Reserve’s Inflation Targets Still Elusive
When investors and economists see that the Consumer Price Index barely rose in May, they probably want to shrug, even if prices for the shelter and food indexes increased.
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Could Immigration Reform Brighten CFOs Gloomy Economic Outlook?
In its latest survey of global CFOs, Duke University's Fuqua School of Business found that most expect the global economy to be in recession next year.
This Is How Much Child Support Varies From State to State
Sometimes it seems as if almost every regional statistic these days can be color-coded red or blue, with sharp divides according to the states’ voting patterns. But that’s not the case with average child…
Is an MBA Worth the Cost?
An MBA is one of the most expensive degrees a person can pursue after graduating from college. Is the cost worth it? It depends on whom you ask.
IMF Issues Review of US Economy, Warns About Debt, Trade
The IMF on Thursday released its preliminary summary of the agency's review of the U.S. economy. The review is mixed at best.
UK Moves Toward Recession
The gross domestic product of the United Kingdom fell in April, another sign the world's economies have become sluggish. The drop also probably was driven by trouble created by Brexit.
IMF Warns U.S. Trade War With China Threatens Global Growth
Christine Lagarde, Managing Director of the International Monetary Fund (IMF), said what almost every economist already knows. At the Group of 20 meeting of Finance Ministers and Central Bank Governors, she said that threats…
Household Wealth Rose by a Stunning 4.5% So Far in 2019
The net wealth of households rose by almost 5% during the first quarter of 2019. This means that all that stock market selling and volatility at the end of 2018 that ate into household…
Fitch Downgrades Mexico
Trade tensions and oil: these are the reasons rating agency Fitch downgraded Mexico's sovereign debt to BBB. It was an insult of sorts to a country.
Fed’s Beige Book Shows Businesses Discounting Tariff Pressure, For Now
How businesses react to tariffs, trade war impact from China, Trump trade policy
US-China Trade War Could Cost Global GDP $455 Billion
IMF chief Christine Lagarde has a message to G-20 finance ministers and central bankers ahead of this weekend's meeting in Japan: embrace trade, innovation and openness.
ISM Nonmanufacturing Report Refutes Weak ADP Payroll Trends for May
After a weak jobs report from ADP, a report from the Institute for Supply Management is signaling that the U.S. economy and jobs market remained healthy in May.
One of Asia’s Smallest Countries Now Has a More Competitive Economy Than the US
Singapore, the small island nation, has taken the crown of the most competitive economy in the world, according to an annual, widely followed, study. The United States dropped to third place.
Cars, Planes, Machinery Lead Plunge in New Factory Orders
New orders for U.S.-manufactured goods fell for the second time in three months in April while shipments dipped for the first time in three months.
Fed Chair Powell Evaluates Changes to Fed Policies and Toolkit
Federal Reserve Chair Jerome Powell spoke at the Federal Reserve Bank of Chicago on Tuesday, at the Conference on Monetary Policy Strategy, Tools and Communications Practices.