Producer Prices Increase Enough for Rate Hike Cover
Inflation continued to rise on the wholesale level in November, at least by enough to offer cover for a Federal Reserve rate hike.
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Import and Export Prices Act as Curve Ball for Fed Rate Hike
While some inflation has been in seen, it seems like the strong dollar is capping the prices for what Americans are importing from abroad.
Why This Week’s Expected Fed Funds Rate Hike Almost Has to Happen
If you have been anxiously awaiting that long-expected interest rate hike by the Federal Reserve, this week is when you are likely to see it take place. Janet Yellen and the Federal Open Market…
Wholesale Inventories Dip in October
The U.S. Census Bureau reported Friday morning that U.S. wholesale sales rose more than 1% in October and wholesale inventories declined.
South Korea, World’s 11th Largest Economy, in Deep Trouble (Update)
Due to trouble at Samsung, the country's largest conglomerate, worries about military and cyberattacks from North Korea, and a scandal that may push its president out of office, South Korea's economic health is at…
Americans Name Their Best (and Worst) Financial Decisions
Each of us makes financial decisions all the time. Some are good and some are not. The most important ones can last a lifetime.
ECB Tapering of Quantitative Easing Outlined for 2017
President Draghi announced on Thursday that the European Central Bank was going to extend its purchases of assets in 2017 but that the amount of monthly buying would be less than it has been…
Commerce Department Shows Strong Services and IT Revenue Trends in 2016
The U.S. Department of Commerce service-sector growth report for the third quarter of 2016 showed that revenue growth accelerated.
Consumer Credit Rose Again in October
Consumer Credit might not be a market moving event, but it is an important issue to find out what consumers are financing, how they are financing it, and how much they are actually borrowing.…
Job Openings Drop in October
While the biggest number from the Bureau of Labor Statistics is the monthly payrolls and unemployment report, its Job Openings and Labor Turnover Summary (JOLTS) report is used as a confirming tool for the…
States with the Best (and Worst) Elder-Abuse Protection
About 10% of Americans aged 60 and older have experienced some form of elder abuse, and in nearly 90% of the cases the abuse is perpetrated by a family member.
Sleep Deprived Drivers as Dangerous as Drunks
Lack of sleep is dangerous, at least for drivers. A new AAA survey compares the risk to drunk driving.
Counterfeit Items Plague Amazon, eBay Holiday Shoppers
With 90% of holiday shoppers planning to hit the online stores this year, consumers need to be conscious of the possibility that a bargain price that sounds too good to be true may, in…
75th Anniversary of Pearl Harbor: 13 Stats Then vs Now
24/7 Wall St. wanted to evaluate some basic statistics from Pearl Harbor and for the United States from the war years of 1941 to 1945 versus modern times.
Productivity Outpaces Labor Costs in Q3 2016
Is it possible that the endless decline and stagnation in worker productivity is ending? The third quarter increase in nonfarm business sector labor productivity was the first after three consecutive declines.