America’s Most Unequal Cities
Income inequality is not just a national issue, but a local one as well. A new report from the Brookings Institution identifies the most unequal cities and metro areas in the United States.
Economy
All Economy Articles
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Why Stocks May Still Have a Long Way to Fall
The scary market action over the past week may not be over yet, and may be the beginning of a months-long decline in equities that could last through the summer.
The Costliest Natural Disasters Are Not Hurricanes
While parts of the United States and much of Puerto Rico are still recovering from devastating hurricanes last year, a recent report from the St. Louis Fed noted that hurricanes are not the costliest…
January CEO Exits at Highest Rate in 8 Years
The number of CEOs who left their jobs in January was the highest in 8 years according to outplacement firm Challenger, Gray & Christmas.
Should Fewer Job Openings Curb Many of the Wage Inflation Fears?
When the financial markets are in panic mode, it's hard to get investors and economists to pay attention to lower-impact economic reports.
St. Louis Fed President Bullard Offers Market Support Over Hot Jobs and Inflation
The Federal Reserve does not usually have the chairman and regional Fed presidents make comments around each market sell-off.
PMI/ISM Non-Manufacturing Indicate Strong Jobs and Higher Prices
The economic reports on Monday were far less important compared to the jobs and wages data released on Friday, but we are getting a sense of January's U.S. services and non-manufacturing economy.
Will Flu Season Cost US $15.4 Billion in Lost Productivity?
A new study estimates that the flu will cost more than $15 billion in lost productivity within the United States this year. But is that number more than just a guess?
Strong Payrolls Gains in January Include Some Clouds of Wage Inflation
Friday's top economic report was the Employment Situation report from the U.S. Department of Labor.
Large Drop in Productivity Could Weigh on Corporate America’s Growth Ambitions
The Bureau of Labor Statistics has released its reading on labor productivity and unit labor costs for the fourth quarter.
Federal Government Could Run Out of Money in Early March
As the administration and lawmakers play a game of chicken over the federal budget and how it should be funded, the Congressional Budget Office reports that the United States could run out of money…
Fed Holds Steady for Yellen’s Last Meeting as Chair
The U.S. Federal Reserve has released the minutes of the January 2018 Federal Open Markets Committee (FOMC) meeting. While there were no major adjustments to the course the FOMC has set, this is the…
ADP Payrolls Sets Stronger Expected Gains for Friday’s BLS Employment Report
ADP is forecasting another major gain in the payrolls for the month of January, which should lift expectations for Friday's formal government report.
Higher Wages in Store for Americans This Year
New survey results from the National Association of Business Economists indicate that 2018 is off to a good start for jobs and wages, but that companies are worried about sales.
Solid Recovery Seen in Consumer Confidence
The Conference Board has released its January reading of consumer confidence, showing a gain after dipping in December.