With all eyes looking out for this Friday's employment situation report from the U.S. Department Labor, economists and investors alike are searching for any hints they can find regarding how the report will turn…
The report on factory orders in the month of June came in with a gain that was ahead of the consensus estimates from Bloomberg and Dow Jones.
This coming Friday we will get to see the U.S. Labor Department's report on payrolls and unemployment data for the month of July.
New orders, production and employment were shown as growing in July, while inventories were seen as contracting.
Personal income and personal spending both came in with positive readings for the month of June.
The final figures for China's manufacturing in July, supplied by Caixin, showed a number posted at a 15-month low.
ThinkstockConsumer Sentiment got worse over the course of July rather than improved. The University of Michigan’s Consumer Sentiment report was initially shown to be 93.3 in mid-July, but the final July figure ticked down…
ThinkstockWith Janet Yellen and the Federal Reserve hoping and looking for any good news on higher prices and getting inflation back up to 2% or more, any aspect of pricing is being looked at…
ThinkstockVery long-term forecasts about anything are a wasted exercise. So much can go wrong to disprove them. That did not keep The U.N.’s Department of Social Economic and Social Affairs (Population Division) from a…
U.S. Drought MonitorThe State of California instituted a law which mandated a 25% cut in water use. People and businesses did better than that, with a drop in use of 27.3% in June. If…
ThinkstockWhat will happen if the minimum wage paid by companies which offer fast food moves to $15? Food prices charged by these companies to customers would rise modestly. If that wage goes to $22,…
ThinkstockInvestors, economists, and business owners just got to see their first view of Gross Domestic Product (GDP) for the second quarter of 2015. The US economy grew by 2.3% in the second quarter, shy…
Janet Yellen and the Federal Reserve’s Federal Open Market Committee (FOMC) have not made any change in interest rates. Again. While that no-change was expected, there just wasn’t really any serious rate hike scare…
Wikimedia CommonsThe Central Bank of the Russian Federation, or the Bank of Russia, is again having to deal with currency volatility. While it tries to keep its economy from sliding further at the same…
ThinkstockThe Conference Board has released its Consumer Confidence reading for the month of July. Confidence came crashing down, likely overshadowed by market volatility from the risks of Greece, China, and rising interest rates. The…