ADP Payrolls In-Line at 200,000 for September
ADP has released its private sector employment for the month of September, and it showed an increase of 200,000 jobs from August.
Economy
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Newest first · Page 249Middle East Sovereign Wealth Funds, Reserves Taking a Beating
Qatar’s sovereign wealth fund has taken paper losses of up to $12 billion in the third quarter as a result of the Volkswagen scandal and other issues.
Consumer Confidence Shocks Analysts
The Conference Board released a number for consumer confidence in September that was a big surprise to most.
Consumers Lack Knowledge of Social Security Benefits
It would seem that Americans of a certain age would be pretty knowledgeable about the benefits of a government program that essentially all of them have been paying for since they began working all…
Dallas Fed Manufacturing Data Improves From August
The Dallas Fed rounded out a full run of negative indications in the September factory sector with the general activity index remaining in deeply negative ground.
More Fed Talk for Normalization of Fed on Interest Rates
ThinkstockJames Bullard, the president of the Federal Reserve Bank of St. Louis, was again outlining the case for higher interest rates. If you count the speech from Janet Yellen on Thursday signaling a hike…
Is Consumer Sentiment Moving Beyond China and the Stock Market Woes?
Consumer sentiment has popped higher recently, suggesting that the worries of August and the start of September are less present in the minds of consumers.
Growth in Service Sector Slows in September
The good news here is that the flash services PMI reading for September is still signaling a stronger growth report in the services economy.
Q2 GDP Nudged Higher in Revision
The Bureau of Economic Analysis has released some slightly better news when it comes to gross domestic product (GDP) in the United States.
What Do Caterpillar’s 10,000 Job Cuts Mean?
Caterpillar's job cuts of 10,000 workers are a reminder that oil patch and infrastructure companies are in rising trouble.
Janet Yellen Clarifies Interest Rate Hike Timing in Speech
Yellen's take is that inflation is now much more stable than it used to be, and that inflation is currently running at a very low level.
Will Q2 GDP Revisions Matter More Than Normal?
ThinkstockInvestors are looking for any clue and any hint that they can get about the economic expansion right now. Is there expansion, or are global Gross Domestic Product (GDP) figures starting to indicate flat…
Kansas City Fed Shows Regional Decline in Manufacturing
ThinkstockThe Federal Reserve Bank of Kansas City has released its 10th district report on manufacturing activity. This is a September reading, and it does show continued weakness, but the good news is that the…
Chicago Fed Shows Slowing National Economic Trends for August
The Chicago Fed National Activity Index said that the August drop was led by declines in production-related indicators.
Durable Goods Tick Lower in August
New orders for durable goods were not all that durable in August. The only good news here is that the drop was not as bad as economists had expected.