The view of 24/7 Wall St. is that investors and economic watchers need to pay more attention to FOMC commentary and implications of the Federal Reserve's balance sheet rather than the formal rate hike announcement.
The U.K. general election results are in and it has a few people surprised. Fitch Ratings has commented on the uncertainty that is arising from this situation.
The monthly release of wholesale inventories data rarely moves the markets. Yet the latest reading might actually have a negative impact on gross domestic product in the second quarter.
The Federal Reserve has now shown that US household wealth rose by 1.4% to $94.8 trillion in the first quarter of 2017. This is a record level and it is up almost 70% since…
Consumers are pushing credit card debt to alarming levels. They may add $60 billion in such debt this year, lifting the overall debt level to almost $1 trillion.
The OECD has offered its global outlook on the economy, both worldwide and in major regions. It expects solid growth in most areas and improvement worldwide this year and in 2018.
After each month's payrolls and unemployment report from the Labor Department, economists and investors get a closer look at the internal metrics of the jobs markets by getting a view of the job openings…
A new report from LinkedIn shows that May hiring was 2.4% year over year and that the hiring rate is near a two-year high.
Qatar, a small nation on the Arabian peninsula, became a major news story Monday after six Arab nations, among them Saudi Arabia and Egypt, suspended diplomatic relations with that country, claiming Qatar is abetting…
Women comprise more than half of those people who were enrolled in colleges and universities last year. However, their debt problems are much larger than the percentage of this population.
Young women who have just graduated from college earn $3 an hour less than their young male counterparts. That gap has widened over the past 17 years.
New research shows that over half of college graduate borrowers from the class of 2017 regret the amount they have taken out in student loans.
The Federal Reserve Bank of Dallas Texas Manufacturing Outlook Survey shows that factory activity in the Texas region increased at a faster pace in May and current manufacturing activity is at the highest level…
The argument over the impact of continuing technological advances on labor markets has been around at least since the Industrial Revolution introduced steam power and mechanization to the world.
When the public hears news that a major nation takes a major credit rating downgrade, it should bring at least some cause for concern.
