Christmas Shopping for Rich and Poor
It might go without saying that the richer people are, the more they spend on holiday season gifts. Is there any way to measure that objectively?
Economy
All Economy Articles
Newest first · Page 240
Chicago Fed Sees More Slowing Growth Across Nation
The Chicago Federal Reserve has released the Chicago Fed National Activity Index with a negative reading for November, implying slight contraction.
Air Pollution Shuts Down Beijing, Threatens Industry
Beijing has issued another warning that severe air pollution has hit a level at which industrial production may be cut and that will cause people to remain in their homes.
FOMC Boosts Funds Rate by a Quarter Point
Janet Yellen and her Federal Reserve presidents have finally decided that the market conditions were supportive of a fed funds rate hike.
2016 Financial Predictions From WalletHub
Making predictions for a normal year is risky enough, but making predictions for an election year has got to be even riskier.
Ahead of the Fed Rate Hike, Industrial Production and Capacity Utilization Feel Recessionary
The numbers on industrial production and capacity utilization are looking recessionary, if you only looked at the industrial side of this equation in an economy that is now goods and services oriented.
Bonuses, Pay Raises Scarce This Christmas
Just 22% of American workers are looking forward to a Christmas bonus or a pay increase this year, according to Bankrate.com.
New York Manufacturing Less Weak, but Down 5 Straight Months
Manufacturing activity in the region of the New York Federal Reserve fell for a fifth straight month in December.
CPI Shows Enough Inflation to Give Fed Cover for Rate Hike
The Labor Department has released some news that will give the FOMC some additional cover for an excuse to raise interest rates on Wednesday.
Holiday Travelers Expected to Hit 100 Million
Over 100 million Americans will travel over the holidays, for the first time on record, according to AAA.
How the Coming Fed Funds Rate Hike Timing Looks Today
This Wednesday potentially, or likely, will mark the end of a trend that has been in place for the entire career of younger workers.
Middle Class No Longer Majority, May Hurt GDP
The American middle class has lost its position as the financial majority, and its prospects are dropping quickly.
PPI Beats November Estimates
The seasonally adjusted Producer Price Index (PPI) increased more than expected in November.
High-Impact Market Possibilities After First Federal Reserve Rate Hike
A new research note from Credit Suisse highlights the possible impact across markets of the first Federal Reserve rate hike.
Apple, Google, Tesla Are World’s Most Innovative Companies
Over the past 10 years the single, most innovative company in the world has been Apple, according to the Boston Consulting Group.