Weak GDP Confirms Why Fed Isn’t Hiking Rates
If you were among the minority group of investors expecting a rate hike from the Federal Reserve on Wednesday, Thursday's initial report on GDP for the third quarter may explain things.
If you were among the minority group of investors expecting a rate hike from the Federal Reserve on Wednesday, Thursday's initial report on GDP for the third quarter may explain things.
ThinkstockJanet Yellen and the Federal Reserve have ended their October FOMC meeting. The decision to not change interest rates (Fed Funds) was not a surprise at all, and the vote was 9 to 1…
A report from Lindsey Piegza, chief economist of Stifel Fixed Income, offers a preview of what to expect before and maybe after the decision is announced for the October FOMC meeting.
ThinkstockWith this week’s FOMC meeting being highly watched, it seems that investors have almost no fears of a rate hike — nor any reason to be elated about a rate hike — perhaps until…
Durable goods came in with a negative reading for the month of September and may portend a bad report later this week on GDP.
A pleasant surprise came earlier in October via a consumer sentiment reading from the University of Michigan. But it is not being echoed in the larger consumer confidence reading in October.
This week we have the Federal Reserve's Federal Open Market Committee (FOMC) meeting and a gross domestic product (GDP) report due.
While there is some weakness, the Federal Reserve noted that manufacturing activity in the Texas region has now increased after a nine-month slump.
U.S. government efforts have caused a sharp drop in air pollution in large American cities over the past several decades. However, those efforts have not yielded much in some large cities.
The latest Markit purchasing managers index (PMI) flash reading surprised economists on Friday.
If there is one thing that central bankers and politicians have proven over and over since the Great Recession, it is that they will do almost whatever they can get away with to steer…
ThinkstockThe Chicago Fed National Activity Index (CFNAI) is a put together by a regional Federal Reserve branch, but the focus is on the national trends as a whole. While it looks backward for a…
The U.S. Labor Department is out with another solid report on weekly jobless claims. There remains a debate about whether the large growth in payrolls is over.
Almost every report of ocean temperatures indicates that they have risen in the past decade, although the process may have slowed very considerably.
Glassdoor has come up with a list of 25 jobs that have a good "work-life balance," as its researchers see it.