Economy - Page 2

Gasoline’s Impact on Inflation: Big October Gains, but Likely a Huge Drop in November

Wednesday's economic release calendar included a key inflation reading from the U.S. Department of Labor. The Consumer Price Index (CPI) is the key measurement of consumer inflation, and the October ...
Read Full Story »

German Economy Shrinks, Raising Recession Worry

Germany has the largest economy in Europe and is often considered the GDP engine of the continent. That role has been positive for the region for years. Now, its gross ...
Read Full Story »

October Small Business Optimism Dips Slightly, Remains in Record Territory

The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for October dipped slightly from 107.9 in September to come in at 107.4. The ...
Read Full Story »

More Than 48,000 Homes at Risk Due to California Fires

The Camp and Woolsey fires have killed at least 42 people, which make them the deadliest fires in the history of California. They have spread so extensively that over 48,000 ...
Read Full Story »

Business Roundtable Says Growth, Consumer Privacy Are Compatible

The Business Roundtable, a group comprising CEOs of U.S. companies with more than 16 million employees and more than $7 trillion in annual revenues, on Friday sent a comment letter ...
Read Full Story »

November Consumer Sentiment Slips, Election Impact Negligible

The preliminary University of Michigan Consumer Sentiment Index for November dipped 0.3% to a reading of 98.3, down from a reading of 98.6 in October. The preliminary reading is 0.2% ...
Read Full Story »

November FOMC Statement Points to Moderated Business Investment Growth

  The Federal Open Market Committee has released its statement on the decision on whether or not to raise interest rates. As expected, no rate hike was announced at this ...
Read Full Story »

Number of Thanksgiving Travelers Will Hit 54 Million, Most Since 2005

The number of people who will travel over the Thanksgiving weekend is forecast to reach 54.3 million, the highest number in 13 years. The estimate is based on people who ...
Read Full Story »

US CEOs Leaving Jobs at Highest Rate in 10 Years

The number of U.S. CEOs who lost or left their jobs in October was the second-highest of the year and not far behind the August total that was the highest ...
Read Full Story »

Holiday Shopping Season Spending Forecast: $1 Trillion

The U.S. economy is putting up some impressive numbers: a headline unemployment rate of 3.7%, the lowest in half a century; strong job creation; rising wages; falling gasoline prices; and ...
Read Full Story »

Why 7 Million US Job Openings May Look Weaker Than It Sounds

There are still 7.0 million openings in America, as of the last day of September. While this reading is lower than the original estimate of 7.1 million job openings on ...
Read Full Story »

US Colleges Making the Most Money From Application Fees

Applications from high school students wanting to begin their college educations next fall have already begun landing on admissions counselors' desks and will continue in a rising tide through the ...
Read Full Story »

Strong Unemployment, Payrolls and Wages Creates Perfect Storm for Markets and the Federal Reserve

  Friday's unemployment and payrolls report from the U.S. Department of Labor was strong, perhaps strong enough that it still offers plenty of cover for Jerome Powell and his ...
Read Full Story »

Trump Comes Down on Counterfeit Goods

In a profound move, President Trump says the United States will withdraw from a 144-year-old postal treaty allowing steep postal discounts for Chinese manufacturers and counterfeiters who flood U.S. markets ...
Read Full Story »

China’s PMI Growth Dips Toward Zero

The National Bureau of Statistics of China has announced the nation's purchasing managers index (PMI) reading for October. It was 50.2, on a scale where 50 is the line between ...
Read Full Story »