Mario Draghi and the European Central Bank may have dashed some of the ambitions of investors who have been hoping for the endless quantitative easing money that they have grown so used to.
The U.S. Department of Labor has released another low reading on weekly jobless claims. In the week ending September 3, seasonally adjusted initial claims were 259,000. This represents a decrease of 4,000 from the prior…
The Federal Reserve has released its Beige Book for September of 2016. With so many economists, investors and market watchers being concerned about an imminent interest rate hike, this Beige Book might be getting…
The Employment Trends Index decreased in August after increasing in the prior two months, but it was still up year over year.
(www.detroitstats.com), one of the new family of city statistics sites launched by 24/7 Wall St. LLC, went live last week. Stories at the site: Michigan Has the 4th Lowest Vaccination Rate Despite longstanding…
Labor Day. A celebration of America's workers. It is 100 years old, at least in some states, and it has a special place in the heart of America's labor unions.
From The Fiscal Times Even as Americans are racking up ever-higher levels of credit card debt and student loans, they’re claiming that paying down what they owe is their top financial priority. A new…
The California State Assembly recently passed a bill that received minimal recognition by the press, outside of the state, but has substantial negative consequences for basically everyone in the country.
The unemployment rate remains very low, but the payrolls gains are not so strong that they would press the Federal Reserve into an aggressive rate hike stance.
With 2016 being an election year, everyone keeps getting reminded that the middle class and working class are not getting their fair slice of the economic pie. There might not have been adequate pay…
Dilma Rousseff, the president of Brazil, was thrown out of office by the country's senate, not long after 24/7 Wall St. published its 50 Least Powerful People in the World with Rousseff is on…
The U.S. Securities and Exchange Commission (SEC) on Wednesday said that 33 whistleblowers have received payments exceeding $100 million since the program’s inception. The SEC also reported that it has extracted more than $500…
It is always hard to call a recession, particularly in a foreign country. But is it too soon to worry about a recession for our trading partners in the north?
If economists and investors were hoping for a super-strong payrolls report from the U.S. Department of Labor this Friday, their hopes may have just been muted by the ADP Payrolls report for the month…
In traditional economic analysis, the stock market is supposed to cheer strong economic news. Right now the financial markets seem to be hoping for economic good that is just marginally good.
