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…
Wikimedia CommonsThe Chinese stock market went into a free fall in Monday’s trading, dipping an amazing 8.5% in one day. Some investors may view this as the ultimate value opportunity, while others may view…
Wikimedia CommonsChina’s GDP growth rate is 7%, and trending downward. The GDP growth rate in the US is expected to be 3% in the third quarter, if forecasts by banks which include Goldman Sachs, are…
ThinkstockInvestors have had years and years now to prepare for a Federal Reserve interest rate hike cycle in the United States. There remains much debate on the magnitude of how much tightening will be…
ThinkstockThe Texas Manufacturing Outlook Survey from the Federal Reserve Bank of Dallas showed contraction in the month of July, but not as much contraction as had been seen in the month of June. What…
ThinkstockGross Domestic Product (GDP) will be released on Thursday morning. Bloomberg has the consensus economist estimate as a gain of 2.9% for the second quarter, with a range from economists of 1.9% to 3.5%.…
ThinkstockIt turns out that the Durable Goods orders were rather durable in June. The new orders rose 3.4% for big ticket items, above the 3.1% expected by Bloomberg. Unfortunately, the prior month’s -1.8% reading…
China’s flu has not turned into a cold in Europe. After an 8% sell off in China, markets in Europe were only slightly down at 4:30 Eastern Time. The FTSE was off only .3%…
The Markit Flash Manufacturing PMI came in a tad higher than expected for the month of July.
Japan's economy is still troubled, but it is getting better, according to the International Monetary Fund.
The contracting China purchasing managers' index published this week surprised analysts as the the number came in even worse than expected.
The Conference Board has released its Leading Economic Index for the month of June.
The Federal Reserve Bank of Chicago releases an national activity index each month, and it is indicating that economic growth managed to increase slightly in the month of June.
Fast-food workers in New York State made an average of about $9 per hour last year. That number soon may rise to $15.