Janet Yellen Speaks and Fed Rate Hike Now Looks Closer Than Ever
Janet Yellen's speech on Wednesday at the Economic Club of Washington signals that the expected interest rate hike is now closer than ever.
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Texas: Home to the Biggest Holiday Spending Budgets in the US
Of the 10 cities with the highest holiday budgets, seven are located in Texas, according to WalletHub.
Are Rising Productivity and Unit Labor Costs Helping the Rate Hike Case?
A report on Wednesday from the U.S. Bureau of Labor Statistics (BLS) showed both productivity and unit labor costs were higher in the third quarter.
Top 5 Ways to Save Money Over the Holidays
The holiday season is known for lavish food, gifts and time spent with friends and family. Of course this does come at a price.
Montana Is the Most Dangerous State to Drive In
Based on a 24/7 Wall St. analysis of driving risk in all 50 states, Montana is the most dangerous state to drive in.
October New Construction Spending Up 13% Year Over Year
The U.S. Census Bureau reported Tuesday morning that construction spending in October increased by 1% to an estimated seasonally adjusted annual rate of $1.107 trillion from the upwardly revised estimate of $1.097 trillion in…
ISM Shows Manufacturing Contraction for November
Manufacturing took it on the chin in November. That is at least a part of what the Institute for Supply Management has signaled in its manufacturing report. The headline index reading was 48.6, below…
CEO Economic Forecast Drops to 3-Year Low
CEOs of large American companies are becoming more pessimistic by the quarter. The Business Roundtable CEO Economic Outlook Index fell to 64.5 in the fourth quarter from 74.1 in the third quarter. It is another…
China PMI Trouble and Air Pollution
Factory activity, homes that use coal and wood for heating, and car and truck emissions are the causes of China's dangerous pollution levels.
Greek Unemployment Rate Still Near 25%
The Greek numbers show how impossible it is for the country to pull out of its deep recession, which in turn cripples its ability to pay back billions of dollars in sovereign debt.
Dallas Fed Shows Improvements in Texas Manufacturing in November
The latest Texas Manufacturing Outlook Survey shows that overall Texas regional factory activity increased for the second consecutive month after exhibiting weakness in the first three quarters.
China and India Cities Have Worst Air Pollution in the World
Authorities in India and China have warned their populations that air pollution in some cities has reached near record levels, particularly in Delhi and Beijing.
Arkansas Leads States Where People Face Black Friday Violence
Arkansas is the state were it is most likely shoppers will have violent encounters while shopping. The forecast was posted by research site Estately According to Estately management: To determine just where it’s most dangerous to…
Consumer Sentiment Now Better in Lower Incomes vs. Higher Incomes
It was just this week that 24/7 Wall St. pointed out that Consumer Confidence from the Conference Board did not match up with the preliminary report from the University of Michigan’s Consumer Sentiment report.…
Mixed View on Personal Income & Spending vs. Rate Hike Expectations
If you read all the reports about weak retail spending, you might wonder how all those dollars saved on gasoline are ending up in the economy. Now add in continually strong jobs reports. The Bureau…