How Much a Fed Rate Hike Will Boost Credit Card Debt
The Federal Reserve this week could make it harder for more than 9 million Americans to pay their credit card bills next month.
Economy
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Mixed Data in Regional Nonmanufacturing by Philadelphia Fed
Tuesday's economic reports included the September Nonmanufacturing Business Outlook Survey for the region of the Federal Reserve Bank of Philadelphia.
What Private Company Employment Can Say About Swing State Voting
ThinkstockSpecial to 24/7 Wall St. From PrivCo The three famous words from the 1992 Clinton campaign were in fact, “The economy, stupid” without the “It’s.” We simply added this over time. It was easier. What we…
Fannie Mae Still Sees Accelerated GDP Growth in Second Half of 2016
Fannie Mae is calling for GDP to be up almost 2% in 2016. What matters here is that it remains among the groups seeing accelerated growth for the rest of the year.
Maryland Is America’s Richest State
24/7 Wall St. has released its annual analysis of America's Richest (and Poorest) States. Maryland was at the top of the list.
Mississippi Is America’s Poorest State
24/7 Wall St. has released its annual analysis of America's Richest (and Poorest) States. Mississippi was at the bottom of the list.
CPI Tame on Monthly Readings, Annual Core Inflation Meets Fed’s Target Range
August's Consumer Price Index contained a bit more inflation at the consumer level than the Producer Price Index did at the wholesale level.
Retail Sales and Industrial Production Conflict With Fed Rate Hike Urgency
Nervous investors need to keep in mind that the Fed's official stance is that it remains data dependent and that rates, even if hiked, will remain lower than historical norms for a much longer…
Producer Price Index Continues to Show No Serious Inflation Threat
The Producer Price Index represents wholesale inflation — or at least it would if there was some wholesale inflation.
Bank of England Leaves Rates Unchanged
The Bank of England has decided not to worry about the post-Brexit world too much. It voted to leave its interest rates unchanged.
Philly Fed Survey Sees Manufacturing on the Rise
The Philly Fed Survey signaled that manufacturing conditions continued to improve, with positive indicators for general activity and new orders increasing from their August numbers.
70% of Hackers Hack to Make Money
A new study of hackers discovered why they do what they do — primarily to make money.
States With the Most People Over 100
People over 100 years old are not spread evenly among the U.S. population. As a matter of fact, their presence by state based on their percentage of the overall population varies considerably.
Dallas Give Homeless People Homes
One night last year “564,708 people were experiencing homelessness” in America, according to The National Alliance to End Homelessness. The number in Dallas, which has started giving homes to the homeless, is in the…
Are Business Lunches Dying, or Eating Lunch Out in General?
It has not been much of a secret that consumer spending on casual dining has seen a drop of late. Now it turns out that restaurants are also getting bit when it comes to…