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.
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Many Americans Still Don’t Believe in Global Warming
It is generally accepted by scientists that the atmosphere around the world gets warmer almost every year. Some Americans, however, do not believe there is a problem.
Americans’ Finances Took a Turn for the Worse in Q4
Results of a recent survey by the American Institute of CPAs showed a decline in Americans' personal satisfaction with their finances. This marks the first downturn in seven quarters.
Does $66 Trillion in Government Debt Mean the World Is Drowning in Debt?
Global government debt reached the equivalent of $66 trillion at the end of 2018 according to a report from Fitch Ratings. That's almost twice as high as global debt at the end of 2007…
More Woes Ahead for Construction in 2019
It hasn't exactly been a secret that the housing construction market and the nonresidential construction markets have slowed throughout the end of 2018 and into 2019. The big question is how these markets will come out…
Chinese Tariffs Slowing Global Economy
The International Monetary Fund on Tuesday released the latest revision to its World Economic Outlook. Growth is expected to diminish slightly over the next couple of years, but it could get worse--or better.
CEOs Pick Top 10 Threats for 2019
What are the serious threats to global business for 2019? An annual survey by PricewaterhouseCoopers lists the top 10 as identified by nearly 1,400 CEOs from around the world.
National Disasters Cost World $225 Billion in 2018
A new survey shows that natural disasters cost the world $225 billion last year. Most of the damage was done by weather-related catastrophes.
January Consumer Sentiment Index Plunges
The University of Michigan's consumer sentiment index plunged nearly 8% month over month in January, the largest drop in the month's preliminary index since early in the current economic cycle.
11 US Natural Disasters Last Year Each Caused Over $1 Billion in Damages
Compared to 2017, last year's estimate for natural disasters causing more than $1 billion in damages appears to be a big improvement.
Student Debt Stopped 400,000 Home Sales
Rising student loan debt has prevented about a fifth of young Americans from purchasing homes.
5 Huge Industries That Will Be Hurt by Government Shutdown
The government's partial shutdown will hurt some parts of the economy much more than others, and that pain has already started.
Shutdown Could Cost Economy $4 Billion a Month
The government shutdown could be costing the U.S. economy some $4.3 billion a month in pretax dollars. The shutdown has a particularly harsh effect on families of the country's military forces.
What Americans Should Know About Tuesday’s Failed Brexit Vote
The British Parliament delivered a very wide defeat to Prime Minister Theresa May's proposed Brexit deal terms. For the time being, at least, Britain will remain in the European Union.
Why Chinese Investments in US Have Tumbled 90% in Just 2 Years
Chinese direct investment in U.S. assets fell to a seven-year low last year and the outlook for 2019 is worse barring a warming in relations between the U.S. and Chinese governments.