If the Federal Reserve wants more evidence of inflation to help justify that likely December interest rate hike, the Fed presidents are going to have to look somewhere other than import and export prices.
Moody's expects slack growth in the world's economy for the next two years, which leaves it vulnerable to "shocks" such as those that could cause another financial crisis or recession.
A new study by the World Bank claims that climate change could do more than cause rising ocean levels. The trend could also drive 100 million people into poverty.
A Bureau of Labor Statistics report on Thursday showed that nonfarm business sector labor productivity increased at a 1.6% annualized rate during the third quarter of 2015.
This week's testimony by Federal Reserve Chair Janet Yellen may have caused a stock market sell-off by noting that the conditions seem right for that elusive fed funds interest rate hike in December.
Does the trade deficit even matter anymore? That is a legitimate question. The last time an actual trade surplus was seen was too long ago to even try to guess.