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.
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Newest first · Page 253Fed 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.
Factory Orders Growth at Half of Expectations
The U.S. Department of Commerce reported its factory orders reading on Wednesday morning, but this is for the month of July.
Boston Fed President Rosengren Sees Slower Rate Hike Cycle Path
Eric Rosengren, President and Chief Executive Officer of the Federal Reserve Bank of Boston, sees the future trajectory of interest rate increases, at least by his own views, as a more gradual normalization process.
What to Expect From Friday’s Unemployment and Payrolls
Friday's unemployment reading will be one of the last big-data economic reports that the Federal Open Market Committee has before its two-day meeting starting September 16 to decide whether to raise interest rates.
ISM Brings Weaker Manufacturing Data for August
Tuesday brought the Manufacturing ISM Report on Business, and it was tied with the weakest readings since the middle of 2013.
Paychex Shows Mixed Small Business Employment Trends
The Paychex IHS Small Business Jobs Index is not a full preview of the key unemployment report from the Bureau of Labor Statistics, but some economists use it as a preliminary guide for directional…
IMF Says China Economy Slows; Caixin China PMI Collapses
IMF chief Christine Lagarde has said what the economic world already knows. The Chinese economy is slowing and the slowdown will touch the rest of the world.
Dallas Fed Manufacturing Data Nearing Panic Mode
The Federal Reserve Bank of Dallas releases all sorts of regional data, but the one reading that the energy sector and the economists are paying attention to is what is happening with manufacturing right…
Another Reading of Weak Economic Growth From Chicago
The August Chicago Business Barometer showed that the economy remained in positive territory, but the growth was less positive in August than July.
Fed’s Fischer Givers More Clarity on Rate Hike Path
ThinkstockThe markets are getting a new look at “just one more” view from the Federal Reserve on the timing of the interest rate hike cycle. Stanley Fischer, Vice Chairman of the Federal Reserve, gave…
Consumer Sentiment Drop Takes Stock Market Volatility Into Account
It is the last Friday of the month, so we get to see the revised consumer sentiment reading from the University of Michigan.
Personal Income Outgrows Spending, Savings on the Rise
The Bureau of Economic Analysis has released its reading on personal income and spending for the month of July.