US Leisure Travel Growth Slowing Into 2017
October marks the 82nd consecutive month that domestic U.S. leisure travel volume has expanded, but the pace of growth has slowed.
Economy
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St. Louis Fed Bullard Sees Rate Hike Coming, Followed by Nothing
Over the weekend, 24/7 Wall St. released its Federal Reserve rate hike watch with an overwhelming chance for a rate hike in December, only to find another call for a rise in rates looking…
Everything Donald Trump Tweeted Today
A round up of Donald Trump tweets from the past 24 hours.
ISM Non-Manufacturing Posts Strongest Reading of 2016
In the ISM Non-Manufacturing Index for November, we saw an explosive move higher to the strongest composite reading of 2016.
Italy’s Economy by the Numbers
Voters in Italy on Sunday soundly rejected proposed changes to the country's constitution that supporters, including Prime Minister Matteo Renzi, said would streamline the country's legislature and make Italy more competitive.
NY Fed’s Dudley Outlines Rate Hike Expectations and Challenges Ahead
New York Federal Reserve President William Dudley is the latest Federal Reserve member to talk up interest rates.
Odds Overwhelmingly Favor FOMC Interest Rate Hike in December
There is going to be some serious food for thought in the coming weeks. As 2016 comes to an end, there has been a substantial post-election rally around the notion that Donald Trump as…
2017 Outlook: Further Evidence of Reflation to Inflation
With central banks looking to reflate and to avoid deflation, some economic watchers and many central bankers are going to be happy that inflationary pressure might be back on the rise.
Boosting Your Credit Score in 5 Easy Steps
If your credit score doesn't top 740, you'll want to do some things to push it up. That level divides the best qualified lenders from the rest of the pack.
Cold Weather Next Week a Boon for Retailers
A blast of cold weather is expected to begin marching across the country next week. That is good news for retailers still well-stocked with cold-weather gear.
Americans to Add $103 Billion to Personal Debt This Holiday Season
Overall, Americans will add more than $103 billion to their debt on holiday spending this year, according to a recent survey.
October Air Cargo Volume Rises
Air cargo volume increased by more than 6% year over year in October, on top of a 5% increase posted in September, according to data reported Friday.
Negative-Yielding Sovereign Debt Outstanding Keeps Shrinking and Shrinking
Stocks have risen handily since the end of the election, but so have bond yields. Now we have close to 100% chance that there will be an interest rate hike by the Federal Reserve…
New Construction Spending Posts November Gain
The U.S. Census Bureau reported Thursday morning that construction spending in October rose by more than 3% year over year.
Fed Beige Book Dominated by Moderate and Modest
The Federal Reserve’s Beige Book is often reported as though it is an economic report or as though it is an official Federal Reserve report. It turns out that the Beige Book summarizes comments…