Why the Fed’s Inflation Targets Finally Look Reasonable and Present
The Department Labor is set to release its Producer Price Index on Tuesday and will then release the Consumer Price Index on Wednesday. Here's what to look for.
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North Korea: Country and Military by the Numbers
The U.S. president arrived in South Korea Tuesday for a two-day visit that will include an address to the country's National Assembly. North Korea has not kept silent, but neither has it launched any…
Americans’ Biggest Worry? Cybercrime
A new Gallup survey shows that two-thirds of Americans worry most about having their personal data stolen or being the victims of identity theft. Less than half as many worry about being victims of…
Saudi Arabia’s Economy by the Numbers
At least 11 members of the Saudi royal family were arrested on Saturday on the orders of a newly formed anti-corruption committee led by the Crown Prince. What's at stake for country's economy, and…
Labor Costs and Productivity Look Like a Win-Win for the Economy
After a long period of stagnation, the measure for worker productivity is back on the up. And at the same time, and for the better, wages are still rising.
46.5% of College Dropouts in Default
Nearly half of college dropouts are in default on the loans they took out to attend college and 15% have no plans to repay that debt.
Janet Yellen Continues Moving to Reduce the Federal Reserve’s $4.5 Trillion Balance Sheet
Any time there is a Federal Reserve meeting investors pay attention. After all, the Federal Open Market Committee is the body inside the Fed which can determine whether or not to raise interest rates.…
New Construction Spending Modestly Higher in September
Spending on new construction rose slightly in September, but new single-family residential construction is up nearly 12% year over year.
Manufacturing Growth Ticked Lower in October, but Still Robust
ISM has released its reading on manufacturing activity in October. While it is slightly lower than the prior reading, the reality is that it was at a 13-year high in September.
Yes, There Is a Real Cost for Brexit
There have been costs associated with the recent Brexit vote that are already weighing on the United Kingdom. These costs may weigh on the nation for some time.
Employment Costs Rising Handily With Stronger GDP
Wages increased handily in the third quarter of this year, but other employment-related costs contributed to the gains as well.
Consumer Spending Gains Confirm Strong GDP Report
What economists know is that for U.S. gross domestic product to be strong it almost cannot occur with gains in consumer spending.
Trump Goes to China With Plenty of Backup
President Trump begins a five-nation tour of Asia on Friday and a number of companies are taking part in the two-week trip in hopes of furthering relationships, especially with China.
What Scares You the Most About Halloween — and Credit Cards?
While Halloween is not a holiday that drives a lot of consumer spending, its focus on things that are scary may be a natural segue into what people's biggest financial fears are.
Ahead of the FOMC: Fed Already Trimming the $4.5 Trillion Balance Sheet
The Federal Reserve) already has pledged to start trimming its balance sheet, and it has laid out how it would start doing so. What many investors and economists might not be prepared for is…