Economy

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Pace of Wage Growth Quickens as Minimum Wage Rises

In the 17 states and the District of Columbia where minimum wage rates were raised last year, wages grew more than twice as fast as in states where minimum wages were unchanged.

Paul Ausick · 10 years ago

American CEO Confidence Hits Multiyear High

The first-quarter 2017 Economic Outlook Index from the Business Roundtable reached a multiyear high of 93.3. The index reading is also the first time in seven quarters that it has risen above its historical…

Paul Ausick · 10 years ago

Producer Prices Keep Higher Inflation Theme Alive in February

With the Federal Open Market Committee (FOMC) meeting kicking off on Tuesday and with a decision on interest rates due on Wednesday afternoon, investors are scrutinizing every last minute bit of economic data they…

Jon C. Ogg · 10 years ago

Fed Rate Hikes Pose Risks for Parts of the Junk Bond Market

According to Fitch Ratings, rising interest rates in 2017 and 2018 are not expected to present a broad concern for U.S. corporate bond issuers in aggregate. Still, pockets of risk could challenge entities at…

Jon C. Ogg · 10 years ago

Favorite City of the Super-Rich? London

If you have net investable assets of at least $30 million, and if given a choice of where to live, you are most likely to choose London.

Paul Ausick · 10 years ago