Why the IMF Expects Global Economy to Grow at 3.9%
The International Monetary Fund has bumped up its estimate for global GDP growth in 2018 and 2019. The forecast did come with several warnings.
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World Adds 1 Billionaire Every Other Day
Oxfam presented a state of the world's wealth analysis before the World Economic Forum in Davos. Among the conclusions of the study is that the world adds a new billionaire every other day.
The Texas Economy Is Looking Up and Up for 2018
Texas recovered handily in 2017, even considering the big impact of Hurricane Harvey. And now the Texas economy is looking up for even better growth in 2018.
What a Government Shutdown Means
Without a last-minute agreement, the federal government will shut down at midnight Friday. Here's what that means in terms of government services.
2017 Third-Hottest Year on Record
2017 was the third-hottest year since 1880 according to a report from NOAA released on Thursday. And 2018 could be even warmer.
US Leadership, Commitment to Democracy Tumble Under Trump: Surveys
Two recent surveys conclude that the United States is losing its position as what is colloquially called the leader of the free world.
As China GDP Surges, a Threat to US Position as Top Economy
China's GDP may well catch that of the United States at its current rate of growth. It will have to clear some high hurdles to get there.
Inflation and GDP Expectations Tick Higher
ThinkstockThere has been some uptick in estimates for fourth-quarter U.S. gross domestic product (GDP) and inflation coming into 2018. After all, the surging stock market would help support those trends, which the Federal Reserve needs…
Cybersecurity and Environment Among Problems That Trouble Global Elite
The World Economic Forum has released its Global Risks Report 2018, a collection of the opinions of a portion of the global elite. Cybersecurity and the environment were high on the list of anxieties.
Refinancing Student Loans Gets Mixed Report
Refinancing existing student loans can be a good choice for many graduates, but be prepared to jump through some pretty tight hoops.
Holiday Online Sales Up 18% to Record $108 Billion
Online sales at the top 100 U.S. retail websites rose nearly 18% during the recently passed holiday shopping season according to researchers at Adobe Analytics.
Older Workers Driving US Job Growth
Since 2000, the number of U.S. jobs has grown by 17 million. All that growth has been among workers aged 55 and older.
Consumer Prices in December Set Stronger Inflation Pressure for 2018
Inflationary pressures seem to be building and that could push prices higher into 2018. Higher inflation is also expected to justify further interest rate hikes.
China Overblown Treasury Risk, but Europe, Japan and US Fed Pose Larger Risks
It turns out that the rumors that China was going to stop or seriously slow down its buying of Treasuries isn't true. That being said, there are still other risks to weigh for interest…
December Small Business Optimism Dips, but 2017 Sets New Index Record
The National Federation of Independent Business reported that December small business optimism dipped slightly from a near-record high in November, but 2017 posted the highest annual reading in the survey's history.