Chicago Fed Shows National Economic Activity Marginally Positive in April
The Chicago Fed National Activity Index (CFNAI) rose to +0.10 in April, up from a reading of –0.55 in March.
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5 States Most Prepared for Disaster
In the 24/7 Wall St. article "The States Least Prepared for Disaster," several states ranked at the other end of the spectrum. They might be called the states best prepared for disaster.
The 5 Most Sober Cities in America
In a recent 24/7 Wall St. article on the drunkest cities in America, several places ranked as the least drunken.
Odds of June Federal Reserve Rate Hike Just Went Up
If you are among those who want the Federal Reserve to never raise interest rates again, you might not be pleased about the Minutes of the April 26 to 27 FOMC meeting. This does…
Should CEOs Make 335 Times More Than Average Workers?
The battle over executive pay has gone on for decades, particularly due to cash and stock option rich contracts of chief executive officers.
Alberta Fire Half the Size of Delaware
The huge wildfire that has eaten up part of Alberta and threatens Fort McMurray currently covers 3,550 square kilometers, or about 1,370 square miles.
Gains Made in Industrial Production and Capacity Utilization in April
Industrial production rose in the month of April, but economist and investors may take issue that weather-related factors rather than higher consumer spending and business spending may have been the reason.
Mixed Bag on Inflation via CPI Reading
The U.S. Department of Labor has released its April inflation reading at the consumer level. Tuesday’s report was the Consumer Price Index (CPI), came in at 0.4% on the headline report. Reuters News and…
Temperature in India Reaches 114 Degrees
April was the seventh month in a row when global temperatures broke all-time records. The problem is particularly acute in some of the hottest areas in the world.
Empire Manufacturing Brings Big Disappointment for May
The Federal Reserve Bank of New York released its Empire Manufacturing report for May, with the general business condition index falling handily.
What Would Make US GDP Go to Zero?
It would not take many factors to push growth down to zero or even below. Several things have happened in the past month that should lead to the conclusion that the U.S. economy is…
$1 Is Worth 86 Cents in Hawaii, Less Than Any Other State
The cost of a home, food, transportation, fuel and clothing. The total of these state to state, particularly when income is taken into account, vary widely, making $1 stretch much more or less, depending…
Retail Sales Rise Along With Wholesale Inflationary Data
It is no secret that the Federal Reserve has had its hands tied on its desire to raise interest rates. Now data has come out that was marginally positive on the wholesale inflation front.
April Retail Sales Rise 1.3%
The U.S. Census Bureau released advance estimates of retail and food services sales for April on Friday morning.
German GDP Grew 0.7% in Q1
Germany may be the envy of the developed world, for the time being. Its first-quarter GDP rose.