Will the Fed Notice the Inflation Trends Ahead?
In the Federal Reserve's endless quest to raise interest rates in the past two years, one of the big concerns with a strong economy and with better wage growth was that inflation might get…
Economy
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Americans’ Confidence About Their Own Finances Reaches Near-Record Highs
Americans are feeling more and more confident about their finances in 2019. It turns out that the stock market panic late in 2018, all the trade war fears and even a partial government shutdown…
January Small Business Optimism Tumbles as Uncertainty Climbs
Small business optimism dropped by more than three points in January just six months after posting a record high.
How Much Does Biodiversity Really Matter?
A professor at Oxford University has said that "Without biodiversity, there is no future for humanity." But what if the conceptual frameworks underpinning what is known as biodiversity and the ecosystem are flawed?
40 Million People Could Get a Raise From Minimum Wage Hikes
The minimum wage has been raised in a number of states and cities recently. Wage increases in 28 states went into effect at the start of this year and three more states and the…
Record Number of US CEOs Left Their Jobs in January
More CEOs left their jobs in January than in any single month since Challenger, Gray & Christmas began reporting the data in 2002.
ISM Non-Manufacturing Shows Slowing Services Economy in January
The Institute for Supply Management (ISM) has released its non-manufacturing survey results for January of 2019.
Democracy in Retreat Globally: Freedom House
Global democracy continues its slow decline according to the latest "Freedom in the World" report from Freedom House. The U.S. ranks 51st in the new report, unchanged from its position in 2017.
January Consumer Sentiment Index Lowest Since Trump Election
The University of Michigan's consumer sentiment survey in January reached its lowest point since President Trump's election. Those surveyed remained positive about their own financial prospects.
January Brought Big Payroll Gains, Government Shutdown or Not
The jobs market continues to be strong. Government shutdown or not, this looked like a big report from the Bureau of Labor Statistics for January's employment situation.
Fed Chairman Jerome Powell Moves from Hawkish to Patient on 2019 Rate Hikes
Wednesday marked one of the market days where the public was waiting to see what Federal Reserve Chairman Jerome Powell and his members of the Federal Open Market Committee (FOMC) would do with interest…
ADP Sets Stage for Strong Payrolls Gains in January From Labor Department
The economic reports for January have so far been a bit puzzling. While the readings have indicated slower growth, things were complicated by the long partial government shutdown.
Consumer Confidence Continues to Fall From Record Highs
The Conference Board reported Tuesday morning that its consumer confidence index for January dipped on the back of the government shutdown and tumultuous financial markets.
Super Bowl Could Cost Businesses $4.4 Billion in Lost Productivity
This year's Super Bowl could cost employers as much as $4.4 billion in lost productivity as employees spend some time this week talking about the game and more time Monday dissecting the outcome. More…
Broad Fed Index Points Toward Further Economic Growth in December
The Chicago Fed National Activity Index rose slightly in December. It is a national economic reading rather than just a regional one.