Murders Rose to Over 17,000 in US Last Year
There has been an ongoing discussion about why crime rates have fallen recently. The same debate could apply to 2016 and its modest increase.
Economy
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National Economic Growth Slowed in August
The Chicago Fed National Activity Index indicated slower growth in the month of August, in part due to the impact of Hurricane Harvey.
South Had Most Exports by US Region in First Half of Year — Before the Hurricanes
Exports from metropolitan areas in the South generated the most revenue of any region in the United States in the first six months of the year, according to the Census Bureau.
North Korea: Country and Military by the Numbers
The war of words between North Korean leader Kim Jong-un and U.S. President Donald Trump ratcheted up tensions over the Korean threat to launch a nuclear-tipped missile into the Pacific Ocean.
UK Suffers Credit Downgrade
Downgrades never come at a good time, but the Moody's decision makes the acute problem of Brexit worse.
Halloween Spending to Reach Record $9.1 Billion, Says Retail Group
Americans plan to spend about $9 billion on Halloween-related items and activities this year, an increase of more than 8% from last year’s record.
Perhaps Markets and Investors Should Be Cheering S&P Downgrade of China
When investors hear that one of the world’s top credit ratings agencies has issued a sovereign downgrade of one of the world’s biggest nations, it tends to bring more than just some attention. On…
Maria Moves on to Dominican Republic After Destroying Puerto Rico
Hurricane Maria is moving on to the Dominican Republic after unleashing a torrent of wind and rain on the beleaguered island of Puerto Rico, which is still reeling from the fury of Hurricane Irma…
Forget the Fed Rate Hikes — It’s All About Shrinking the $4.5 Trillion Balance Sheet
Forget about being too nervous about the Federal Reserve hiking interest rates. In the September FOMC meeting, Janet Yellen and the FOMC have indicated that most Fed governors are expecting just one more interest…
How Investors and Economists Should View the Fed’s $4.5 Trillion Balance Sheet Reduction
Wednesday, September 20, 2017, will mark the Federal Reserve’s September Federal Open Market Committee (FOMC) meeting announcement. The announcement also will include forecasts by the Federal Reserve, and more importantly it should contain more detail on…
Maria Lands in Puerto Rico as Category 4 Hurricane, Takes Aim at Dominican Republic
Hurricane Maria, the latest in a parade of destructive storms, made landfall Wednesday morning as a strong Category 4 storm in southeastern Puerto Rico.
Hurricane Irma Property Damage Estimated at Up to $65 Billion
The total insured and uninsured loss for residential and commercial properties, including damage from flood and wind, from Hurricane Irma is estimated to be as much as $65 billion.
FOMC Target Inflation Rate Shows Up in Import & Export Prices
Though consumer prices and producer prices have been running below 2% for the most part, it turns out that the prices of imports and exports were both above 2% in the month of August.
Many Workers Will Get Tiny Raises in 2018
Despite an improved economy, new research shows most workers will not get an improvement in pay. To some extent, the move is a hangover from the Great Recession.
Hurricane Maria Looms in Caribbean as Busy Hurricane Season Grinds On
Hurricane Maria is stalking the same Caribbean islands that were ravaged by Irma earlier this month, as the tempest looks to put its stamp on the 2017 hurricane season, among the busiest in recent…