Deflation Remains in Import and Export Prices in August
The deflationary trends on imports could remain, even if local U.S. prices stay flat or tick up ever so slightly.
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Newest first · Page 252Greek Unemployment at 25.2%, Among Young 48.3%
As Greece tries to pay its massive debts and struggles with GDP contraction, employment continues to be a huge barrier to recovery.
Brazil Rating Slashed by S&P
Standard & Poor's downgraded the sovereign debt of Brazil, just as powerful forces are in the midst of trying to replace the president.
Detroit Tries to Get Its Residents Back, Without Success
Unless Detroit can get back its residents, or find new ones, it will lack the tax base, and the ability to drive improved infrastructure, that will leave it in an economic twilight.
Japan Nikkei Surges 7.71% to 18,770
It is rare that any major national stock market rises 7.7%. Japan's Nikkei rose that much Monday. Call it a relief rally.
Consumer Credit Rose Again in July
ThinkstockThe American consumer base is taking on more debt. While nowhere near a concern, the Federal Reserve released its July 2015 Consumer Credit report showing that credit rose by 6.7% on an annualized basis.…
August Small Business Optimism Ticks Higher
The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for August rose slightly.
Is China’s Real Unemployment Rate 10%?
China claims the unemployment rate in its cities is just over 4%. Some believe China's jobless rate may be closer 11%.
Sanders Ahead of Clinton in New Hampshire
For those who still do not see Bernie Sanders, the junior Senator from Vermont and self-described democratic socialist, as a viable presidential candidate, it may be time to think again.
Richmond Fed’s Lacker Wants Rate Hike ‘Sooner Rather Than Later’
In the view of Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, the most compelling reasons to lift the interest rate are related to household expenditures.
Positive International Trade Report Lifts Preliminary GDP Estimates
The good news is that this international trade report is another positive start to the quarter and will lift early third-quarter gross domestic product estimates.
August Job Cuts Down 60% From July
The Challenger, Gray & Christmas job cuts report for August indicates that layoffs declined by more than 60% after reaching a new four-year high in July.
Fed Beige Book Notes Pressure on Wages
ThinkstockU.S. economic activity expanded in all 12 Federal Reserve districts according to the latest version of the Beige Book released Wednesday afternoon. Six Fed districts characterized growth as moderate and five more described growth…
Bill Gross Is Right About the Fed — This Time
The main point of Bill Gross's outlook in September is rather simple: Get the Fed to raise rates, but just once and then go away for some time.
Half of Immigrant Households Use US Welfare Programs
Researchers found that 51% of households headed by an immigrant used at least one welfare program during 2012, compared with 30% of native households.