Of the estimated 7.6 billion people on earth, just 0.004% (212,615 individuals) control some $30 trillion in wealth. That’s slightly more than the 2015 GDP of the United States and China combined, and 12%…
Gallup has a novel concept: employees who are more engaged (which is not entirely well defined) at the workplace help companies create higher profits.
The World Health Organization reports that air pollution killed more than 6 million people in 2012. The problem cannot be solved because of the sources of the pollution, although the WHO may believe otherwise.
If you have been wondering if we are in a bond market bubble with insultingly low interest rates, maybe you should hear what one of the top bond managers has to say on the…
According to the Federal Reserve Bank of Dallas, factory activity in Texas increased markedly in September. Still, demand indicators have dipped back into negative territory.
Two recent reports have looked in depth at the workings of the Social Security Administration (SSA). Both have found — unsurprisingly — that SSA has some problems, and these problems directly affect a person’s…
Until the events surrounding the shooting death of Keith Lamont Scott earlier this week, Charlotte, North Carolina, had achieved a public image as an example of a New South city that was flourishing in…
Until Tuesday, Charlotte, North Carolina,the city had been widely viewed as a place that had risen above racial divisions and become a point of light in what has been called the New South.
The Federal Reserve Bank of Chicago releases its nationally focused Chicago Fed National Activity Index each month, and the reading for August was negative, after having been positive in July.
Charlotte, North Carolina, where Keith Scott was fatally shot by a police officer, leading to violent protests, had a population of more than 762,000, according to the last Census.
Janet Yellen and the Federal Reserve’s FOMC have voted to leave interest rates unchanged. That keeps federal funds at the target rate of 0.25% to 0.50%. What matters here is that the jawboning for…
There is still a massive amount of sovereign debt trading around the planet with negative yields. Yep, you get less money back than you invested.
The Bank of Japan has announced a policy overhaul in its latest efforts to stimulate the economy.
The Organization for Economic Cooperation and Development (OECD) kept its less than mediocre forecast of global growth, and warned about the balance of this year. The global economy is projected to grow at a slower…
The FOMC meeting is key because many of the regional Federal Reserve branch presidents and Fed Chair Janet Yellen have been jawboning about the need to raise interest rates.
