Small Business Confidence and Hiring Stalls in October
The case for optimism might not be bad when it comes to small businesses, but the case is far from looking more positive.
Economy
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Import and Export Prices Contain No Inflation
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 Poor Global Growth Through 2017
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.
Will Extreme Air Pollution Cut Factory Output and Car Sales In China?
China has a very limited number of options to decrease its air pollution, and those efforts would undermine GDP growth that already is faltering.
Climate Change Could Push 100 Million Into Poverty
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.
Private College Costs 4 Times More Than Community College: Is It Worth It?
A private college education may give the graduate bragging rights, but for many young people, that was never enough by itself.
85% of Americans Still Use Coupons
Coupon use in the United States remains high, with 85% of American using coupons at least occasionally, according to CreditCards.com.
Strong Payrolls Increases Chances for Fed Funds Rate Hike
So, it turns out that Janet Yellen may have actually tipped her hand about a strong payrolls report after all.
Thanksgiving Airline Travel to Rise 3% to 25.3 Million People
The airlines can cheer the holidays, or at least the early part of them. Thanksgiving travel is expected to rise 3% to 25.3 million people.
Is Rising Workforce Productivity Actually Bad Right Now?
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.
Did Janet Yellen Tip Her Hand That Payrolls Would Be Stronger on Friday?
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.
Trade Deficit Not Enough to Move GDP Much in Either Direction
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.
Factory Orders Stay in the Red
Factory orders were down 1.0% in the month of September, more or less in line with the Bloomberg consensus.
October’s ISM Manufacturing Not Exactly on Fire
October marks the third consecutive month that the ISM manufacturing reading flirted with contraction.
September New Construction Spending Up 14% Year Over Year
The U.S. Census Bureau reported Monday morning that construction spending in September increased a little.