Distracted Driving 100 Times Worse Than Expected
For years, researchers have said distracted driving is a major cause of car accidents and deaths. By some measures, the problem is worse than drunk driving.
Economy
All Economy Articles
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March Payrolls Come in Handily Under Expectations
Friday's economic reporting cycle was dominated by the employment situation report from the Bureau of Labor Statistics.
Are the Markets Braced for Strong Payrolls and Wage Gains on Friday?
Friday morning will bring the Employment Situation report from the Bureau of Labor Statistics. This number is perhaps the most widely followed for the overall strength of the jobs economy.
Nearly Half of Americans Expect Loss From Identity Theft in 2018
Nearly half of Americans are expecting to face a financial loss this year as a result of identity theft.
Why 2018 Looks Like Another Strong Hurricane Season Is Coming
After a 2017 hurricane season affected too many communities to easily count, it's time to look forward to what the 2018 hurricane season will bring.
Will Consumers Start Using Cash Again?
After data breaches have exposed tens of millions of credit card records, anxious consumers may start to use cash. Ironically, it may be the safest currency available.
Nonmanufacturing and Services Economies Remain Strong in 2018
It turns out that the services and nonmanufacturing economy have continued to demonstrate robust growth during 2018.
ISM and PMI Show Manufacturing Growth With Strong Labor Data and Higher Prices
Monday was one of the days in which we get to see two sides of the same economic picture in manufacturing.
New Construction Spending Inches Higher in February
New construction barely rose sequentially in February, according to the U.S. Census Bureau, but year-over-year spending was up more than 4%.
Strong Consumer Sentiment Driven by Lower-Income Households
The University of Michigan has released its updated consumer sentiment report for March. The month-end report was marginally lower than the mid-month reading.
Why a 1987-Style Crash May Come Early This Year
March is not typically a time for the start of a new bear market. So why is this happening specifically now?
Yes, Americans Are Spending Way Too Much on Their Pets
The next time you hear about "free pets" being given away, just understand that nothing is really free.
Conference Board Leading Indicators Reach 7-Year High
The Conference Board's Leading Economic Index for February released Thursday morning shows a fifth consecutive monthly increase and the highest level the index has reached since March of 2011.
IHS Markit Data Suggests Stronger Employment and Stronger Inflation Continuing in March
IHS Market has released its flash U.S. PMI reading for March, and the report cites a strong upturn in private sector output that is supported by the fastest employment growth since May of 2015.
FOMC Rate Hike Comes With Almost Perfect World Predictions in 2019 and 2020
The Federal Reserve has delivered its first formal interest rate hike for the tenure under new Fed Chairman Jerome Powell. While the formal rate hike was already expected, what matters is the Fed’s longer-term…