Tropical Storm Nate Likely to Cause More Financial Damage to Gulf States
In such a broad area, some businesses, residences and infrastructure are bound to be ravaged. The new storm will add to the huge costs of the current hurricane season.
Economy
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What Will Really Matter in the September Unemployment and Payrolls Report
Friday's key employment report from the U.S. Department of Labor will be closely watched. Unfortunately, there is a serious chance that the report may be very distorted and hard to predict.
Americans Anxious That Robots Will Take Their Jobs
Among the conclusions of a new study is that many people think robots will make it more difficult to find jobs. Is legislation the only way to protect jobs threatened by technology?
Massacre Occurred as Las Vegas Was Still Emerging From Economic Downturn
Las Vegas, on Sunday the scene of one of the worst mass shootings in U.S. history, is one of the last metropolitan areas in the country to fully recover from the Great Recession.
New Construction Spending Up Solidly in August
New public and private construction rose month over month and year over year in August.
ISM and Markit Both Indicate Strong US Manufacturing for September
Two reports are signaling that the U.S. manufacturing economy looked stronger in September, the month that much of Texas came back on line after initial recovery from Hurricane Harvey.
Tourism Stakes for Las Vegas Are High Following Massacre
Though authorities are not calling the horrific massacre in Las Vegas a terrorist attack, the atrocity might have a negative impact on a city built on gambling and entertainment.
China PMI Surges in Hopeful Sign for World Economy
Since so much of China's manufactured goods are exported, a strong PMI reading likely signals demand for China's goods is robust in larger countries.
Data Show Number of New Businesses Rising in Many OECD Countries
There’s good news for entrepreneurs in the developed and developing world. New data show that the number of businesses being created is rising in most of the 14-member countries of the Organization for Economic…
Global High Net Worth Individuals Are on the Way to $100 Trillion in Assets
Capgemini's World Wealth Report 2017 shows that high net worth individuals in 71 countries did better in 2016.
Fed Study Says Wealth Rose for All Ethnic Groups After Recession, but Inequality Persists
Wealth increased for families in all race and ethnicity groups between 2013 and 2016, according to newly released data from the Federal Reserve.
Americans Say DC, Not North Korea, Biggest Threat to Economy
More Americans believe the political environment in Washington is a greater threat to the U.S. economy over the next six months than the saber-rattling involving North Korea, based a recent survey.
Durable Goods Orders Perking Up
If there was a contest to find the one major government economic report that is the most volatile and unpredictable through good times and bad times alike, the durable goods report would have to win…
Bangkok Most Visited Destination for Travelers, According to Mastercard List
Bangkok was the most visited destination for travelers in 2016, according to new research. But tourists spent the most in Dubai.
Long Road Back for Beleaguered Puerto Rico
The road back for Puerto Rico is going to be difficult in the aftermath of hurricanes Irma and Maria. Even before the tempests hit, the island was dealing with a severe debt crisis.