More Than Half of Global Trade Riddled With Bribery
A new report from Transparency International indicates that more than half the value of all international trade comes from 33 countries where anti-bribery laws receive little or no enforcement.
Economy
All Economy Articles
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‘Tariffs Hurt the Heartland’ Aims at Trump
Better late than never. A group of businesses has launched an initiative called "Tariffs Hurt the Heartland."
August Small Business Optimism Hits Record High
Small business owners are more optimistic than ever. The National Federation of Independent Businesses reported Tuesday morning the highest optimism reading in the 45-year history of the group's index.
Hurricane Florence Surge Could Hit 759,000 Homes
Hurricane Florence could cause a storm surge that would damage almost 760,000 homes across the Carolinas and Virginia.
More Than 75 Million Americans Won’t Pay Federal Income Tax This Year
Nearly half of Americans won't be paying any federal income tax this year.
August Employment Report Shows Solid Job, Wage Growth
August nonfarm payroll growth came in better than expected while the unemployment rate was unchanged at 3.9%. Wages increased as well, but June and July job growth was cut by a combined total of…
The Hutchins Center Explains: The Phillips Curve
With inflation continuing to run at a low rate and unemployment also at multi-decade lows, a well-known economic indicator--the Phillips Curve--works its way into many stories about today's economy. Here's what that means.
8 Nations Facing Sky-High Interest Rates and Inflation
The list of nations with troubled economies has grown in 2018, and these are just eight of the nations in which interest rates or inflation have become sky high.
US New Construction Spending Inched Higher in July
U.S. spending on new construction reached a seasonally adjusted annual level of $1.3 trillion in July, including a year-over-year increase of 6% in private residential construction.
Personal Spending and Disposable Personal Income Keep Rising Over Time
Personal spending more or less matched personal income gains in July. What stands out here is that the changes to prior years look much stronger on the surface, particularly when you look at the…
While Q2 GDP Is Revised Up, Expectations for Q3 GDP Start to Take Shape
Wednesday's economic reporting brought the first revision to second-quarter gross domestic product.
Half of All Firearms-Related Deaths Occur in 6 Countries
Results of a new study of firearm-related deaths were published Tuesday in the Journal of the American Medical Association. Just six countries accounted for half the total in 2016 with Brazil and the United…
Consumer Confidence at Highest Level Since October 2000
The Conference Board's consumer confidence index rose to a near 18-year high in August as consumers assessment of current business and job market conditions continued to improve.
In Potential Blow to China’s Economy, Air Pollution Affects Brain
A number of studies have shown that air pollution causes deaths in large Chinese cities. More recent research shows another damaging result.
The Fed Fight Over Interest Rates
The Federal Reserve's Bullard and Powell can debate as much as they like. It will not be long before the economy shows who is right.