Top 10 States for Bankruptcy
The bankruptcy levels vary widely state to state, as research shows. The levels appear to be highest in states where people tend to have low median income.
Economy
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Odds of Rate Hike Rise for 2016
One Federal Reserve president, who is not an FOMC voting member, has indicated that one rate hike in 2016 might be appropriate as the economic fundamentals remain strong enough.
Consumer Inflation Remains Elusive — or Does It?
That 2.0% to 2.5% inflation target of the Federal Reserve is just proving to be more than elusive. The U.S. Department of Labor has released its consumer price index (CPI) for July, and the…
Will Brazil Go Out of Business?
Brazil's problems spread beyond a terrible management of the Olympics. Brazil's economy is sliding toward disaster.
The 10 Richest Presidents in American History
24/7 Wall St.'s study of the wealth of American presidents is the gold standard on the subject. Earlier this year, our editors looked at the top 10.
Producer Prices and Retail Sales Show Disappointing Inflation Trends
Wishing for higher inflation sometimes just feels odd. You have to have higher prices in the future to help with growth, but it means we all have to pay more (and earn more) to…
How the Grand Canyon Creates $509 Million for Economy
The Grand Canyon had over 5 million visits in 2015, and those visits produced $509 million to the economy and helped create and support 8,897 jobs.
Is a $113 Billion Government Deficit in July Actually Good?
Is it even remotely possible that a government deficit of $113 billion in a single month can be construed as good news? Apparently so, at least on a relative basis. The United States government…
Should Negative Labor Productivity Become a Political Hot Button?
Even though 2016 is an election year, no politician really will try to tackle the issue of a decline in overall labor productivity.
Billionaire Population Reaches 2,473
According to Wealth-X, the number of billionaires in the world rose slightly last year, but the percentage of wealth controlled by them was down slightly.
July Payrolls Surge Unexpectedly Higher
If you ever wondered if the economists and market participants can get it very wrong, look no further than Friday's exceptionally stronger than expected payrolls report.
Does an Overvalued Stock Market Mean a Crash Is Coming?
The market is not cheap. Yet it is also nowhere close to historic highs that might bring panic levels. It is quite possible that the market is just in a new no-man's land where…
What Bank of England’s Rate Cut and Quantitative Easing Really Mean
The Bank of England has decided to try to fend off more economic weakness, and hopefully avoid a recession, by lowering interest rates for the first time in seven years and launching bond buying
Manufacturing and Production Point to Muted Payrolls and Unemployment Report
No report is more closely followed than the monthly payrolls and unemployment report. This week's economic reporting points toward a muted payrolls report this Friday.
ADP Sets Up Low Expectations for July Payrolls and Unemployment
The volatility in the jobs market has created a bit of a stir around each monthly unemployment and payrolls report.