What Fitch Ratings Has to Say About the UK Election
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.
Economy
All Economy Articles
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Will a Drop in Wholesale Inventories Hurt Q2 GDP Growth?
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.
US Household Wealth Hits New All-Time Record in 2017
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…
Credit Card Red Flags Raised, With Debt on Pace to Reach $1 Trillion
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.
OECD Forecasts Quickening Global Growth
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.
There Are Now Over 6 Million Job Openings in America
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…
May New Hiring Rate Strongest in 23 Months: LinkedIn
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.
Oil-Rich Qatar by the Numbers: Bastion of Stability in a Turbulent Region
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 Hold Almost Two-Thirds of College Debt
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.
Female New College Graduates Earn $3 an Hour Less Than Males
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.
Over Half of 2017 Graduates Regret Student Debt
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.
Texas Manufacturing Activity Continues Its Strong Recovery in 2017
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…
Is the Robo-pocalyse Upon Us?
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.
What China’s Downgrade Really Means for Your Money
When the public hears news that a major nation takes a major credit rating downgrade, it should bring at least some cause for concern.
Moody’s Slashes China Debt Rating
Moody's has cut China's debt rating because of rising national financial obligations and worries that GDP growth rate will slow.