St. Louis Fed Sees Interest Rates and Returns Remaining Low for Years
Another day, another Fed president speaking. St. Louis Federal Rserve President James Bullard deconstructed a Taylor-type rule to help explain the current monetary policy debate.
Economy
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Chicago Fed National Activity Index Rose in September, but Still Under Trend
The Chicago Fed National Activity Index reading for September rose but remains in the red for the second straight month.
San Francisco Best US City to Build Wealth
If you want to get rich, San Francisco is the top choice among U.S. cities to help you reach your goal. And by getting rich we don't mean just high income, but, more importantly,…
America’s Most Stressed and Relaxed Cities
According to a recent study by the American Psychological Association, one in four Americans reports being highly stressed. The most-often cited sources of that stress are money — not enough — and work —…
Louisiana Is the Most Violent State
Violent crime in the United States declined significantly over the past two decades. The violent crime rate fell from 685 incidents per 100,000 people in 1995 to 366 incidents per 100,000 people in 2014.…
5 Economic Readings That Ticked Higher Ahead of GDP
The all-in economic readings are not quite signaling that the next economic mudslide is imminent. even if the economic recovery remains exceptionally dull.
Major San Francisco Earthquake Could Cause 6,000 Deaths, $8 Billion in Damage
The U.S. Geological Survey recently published a paper about the chance of an earthquake that would include the Hayward and Rodgers Creek faults simultaneously.
Uptick in Leading Economic Indicators in September
Of the economic reports released on Thursday, one of the reports was the Conference Board Leading Economic Index. This was a U.S. reading showing a 0.2% gain in September to 124.4. This follows a…
Weekly Jobless Claims Post an Unexpected Gain
The U.S. Labor Department has released another report showing weekly jobless claims, and we saw a more substantial gain than we have become used to seeing in recent weeks and months.
Philly Fed Remains Positive, but Slower Growth in October
The Federal Reserve Bank of Philadelphia has released its October 2016 Manufacturing Business Outlook Survey results, what the rest of us call the "Philly Fed Manufacturing Report."
Fed Beige Book Broken Down Into Just 14 Key Points
The Federal Reserve has released its Beige Book for October. Most investors and economists consider this a government report, but the reality is that this is a business survey conducted by Federal Reserve employees…
Average Student Debt Hits $30,000 for Class of 2015
A student who graduates with $30,000 in debt could take years to pay it off, or may not pay it off at all, falling into default.
It May Take 26 Years for Some Americans to Pay Debt
Americans' credit card debt is on track to top $1 trillion by the end of this year. The average household debt currently sits at around $7,800.
Inflation Reaches Fed Target Range, If You Look Closely
Is inflation coming or is it a hoax? The U.S. Department of Labor announced on Tuesday that inflation has finally arrived, if you know where to look for it.
Why Americans Are Limiting Their Spending
When consumers buy more, American companies can hire more employees and invest more, and a virtuous cycle begins. At least that's one theory.