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.
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Newest first · Page 170Trump 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…
Consumer Sentiment Softens but Remains Close to Multiyear Highs
The University of Michigan's reading on consumer sentiment slipped marginally lower at the month-end revision for October.
GDP Growth of 3% Is Starting to Look Like a Streak
GDP is the barometer used to measure growth for economic expansion. Real GDP growth had not seen two consecutive quarterly growth rates of 3% or higher since 2014.
European Central Bank Plays Three-Card Monte on Quantitative Easing
The European Central Bank pledged on Thursday to cut its large program of bond buying. On the surface that sounds like the beginning of the end of quantitative easing.
The Attack Against 401(K) Retirement Savings Continues
It appears that the House of Representatives may still be weighing adjustments to how much Americans can save for retirement in qualified retirement savings plans.
Durable Goods for September May Offer Stronger Support for Q3 GDP
If there is one economic report that can be highly volatile and can look counter-cyclical despite the broader economic direction, that would be the one on durable goods.
Chicago Fed Shows National Economic Activity Rebounded in September
The Chicago Fed National Activity Index rose more than expected in September due to strength in production-related indicators.
Niger by the Numbers: Its Population and Economy
Most Americans know little or nothing about Niger, the country where four U.S. soldiers where killed in an ambush. It is a small country based on population and one of the poorest in the…
California Wildfires Caused 42 Deaths, More Than $1 Billion in Damage
The wildfires that raged through California earlier this month have claimed at least 42 lives and more than $1 billion in property damage. Those numbers are sure to rise as the clean-up begins.
Jobless Claims Hit Lowest Levels Since 1973
The Labor Department of has reported that the number of Americans filing new unemployment applications fell to the lowest level in 44 years — back to March 31, 1973.
Has Dating Become a Financial Audition?
A new survey looked at Americans' ideas about dating and how important financial considerations could become both early and later in a relationship.
Leading Indicators Post First Drop in Over a Year
The Conference Board's latest U.S. Leading Economic Index showed a decline, a disappointment is in the wake of two hurricanes.