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.
When consumers buy more, American companies can hire more employees and invest more, and a virtuous cycle begins. At least that's one theory.
The top analyst upgrades, downgrades and initiations seen on Tuesday morning include Chipotle Mexican Grill, IBM, Level 3 Communications, Netflix, PayPal and Salesforce.com.
On Tuesday, October 18, the Department of Labor is set to release its Consumer Price Index (CPI). This is the most direct measurement of inflation because it reflects what is happening at the consumer…
Monday's economic reports included a weak reading on manufacturing in October from the New York Federal Reserve.
With it being an election year, it is not unusual to hear the politicians talk up the need for U.S. companies to build the factories of the future. There is just one major problem…
The week of October 14 was a busy one for economic reports. It was also a busy week for the talking heads inside the Federal Reserve.
A new global economic study documenting continued weak growth and high unemployment rates since the worst of the Great Recession contains a stern message for the United States.
The United States has a $18 trillion economy, which makes it the world’s largest by GDP.
That retail sales in September showed a bit of a comeback after a disappointing August may fly in the face of the retail sales we have seen from some of the nation's largest retailers.
The jobless claims data continues to look stellar, but the rest of the core readings show a jobs market that is far less robust than it was just a few months ago.
The Federal Reserve has been hoping, praying and trying to forecast for a return of 2.0% inflation. At that rate, it can begin to finally raise interest rates.
U.S. consumer spending bounced back in September from a slight dip in August. Overall sales growth rose slightly less than economists had forecast.
Nearly two-thirds of Detroit's residents have subprime credit. More than two-thirds have delinquent debt and a shade under two-thirds have debt in collections.
Of the largest 100 world economies, 42 are cities, although national economies grab the top 13 positions in the rankings before the top city, Tokyo, sneaks in at number 14.
The sequential rise in import prices for September was led by higher fuel prices, according to the Bureau of Labor Statistics.