Was Durable Goods Report Strong Enough to Boost GDP?
If there is one economic report that can be very volatile and can come in well above or well below expectations, it is the monthly durable goods report.
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Newest first · Page 158Spending for Mother’s Day Holiday to Top $23 Billion
The National Retail Federation estimates spending on Mother's Day gifts this year will top $23 billion for only the second time in 15 years.
Interest Rates Just Surged and Could Go Even Higher by Week’s End
Interest rates rocketed higher to start the week. The next jolt to the bond market though might come by the end of the week.
Walmart CEO’s Salary Is 1,188 Times the Median Employee’s
Walmart CEO Doug McMillon's pay last year was 1,188 times the pay of a median company employee. That's way above the already high median ratio of CEO-to-median-employee pay.
IMF Warns Of Another Global Financial Fiasco, If…
The IMF posted its comments last week as the organization marked the 10th anniversary of the global financial meltdown. Whether the warnings are fair or not is another matter The primary advice for the…
IMF Economic Outlook Mixed on Growth, Future Risks
The April 2018 update to the IMF's World Economic Outlook includes some upbeat forecasts for near-term economic growth but warns that medium-term growth faces several threats.
Why There Is Still Way Too Much Capacity to Show Robust Economic Growth
The Federal Reserve released its March reading for industrial production and capacity utilization. Some sources look strong, but also parts of the report look less than robust.
China GDP Grows 6.8%, Continues to Race Ahead of US
The so-called China Miracle continues to trump American economic progress and its economic advantage over the United States based on growth is unlikely to change.
Average US Credit Card Debt at $15,983
U.S. housholds with credit card debt carry an average balance of nearly $16,000, in addition to mortgages, car loans and student debt totaling another $117,000 on average.
Consumer Sentiment Flinches as Trump Trade Policies Weigh
The University of Michigan's preliminary consumer sentiment index for April fell month over month but still remains slightly higher year over year.
Will the Economy Determine Fed Rate Increases?
It is possible that the Fed has set a course to reverse the policy to keep rates at historic lows as a means to keep the economy growing.
Consumer Prices Looking More Tame Than Producer Prices
Investors and consumers can breathe a little easier about the inflation onslaught in 2018 that has been feared so much.
IMF Warns of Sharply Slowing Economy
Managing Director Christine Lagarde said nations must improve trade relations and long-term financials and build income equality while "the sun is still shining."
Producer Price Woes: When the Markets Have to Deal With 3% Inflation
The markets are still worried about inflation, and Tuesday's stock market gains may sort of overshadow the underlying inflation pressure being seen right now.
March Small Business Optimism Dips; Labor Costs Rise
Small business optimism fell by about three points in March as employers look to restrict capital spending and increasing inventories. Labor costs are rising also.