Greek Youth Unemployment Rate Above 50%
Lost in the battle over Greek debt and austerity is the fact that unemployment among people under 25 remains over 50%.
Economy
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Newest first · Page 262Consumers Feel Economic ‘Good Times’ Are at 15-Year High
The Thomson Reuters/University of Michigan Consumer Sentiment Index jumped on the strength of respondents' views of both current conditions and expectations of the ecomony.
Drought Expected to Worsen in the West
While there are pockets of abnormally dry areas east of the Rocky Mountains, nearly all of the United States west of the Rockies is expecting drought conditions to persist or worsen through the end…
Muni Bond Investors See That States Are Lowering Their Debt Medians
ThinkstockMunicipal bond investors have been trying to adequately price in just what might actually happen in the coming Federal Reserve interest rate hike cycle. It turns out that there are now substantial discounts to…
Mixed Bag on Corporate Profits
Are corporate profits rising or falling? Well, it depends on how you look at the data.
The Trouble of Q1 GDP Being Revised Higher
The higher the second-quarter GDP comes in, the more likely we are to see calls for the Federal Reserve to begin hiking interest rates sooner than expected.
Durable Goods Weak in May — Until You Look at the Core Reading
Durable goods proved not to be all that durable for the U.S. economy in the month of May.
Chicago Fed Shows Cooling National Economy in May
ThinkstockMonthly data released from the Federal Reserve Bank of Chicago showed that economic growth was slightly below average in May. The Chicago Fed National Activity Index, an index that is a weighted average of…
Despite Lower Oil, Texas Still Adding Net Jobs
The trend of higher payrolls and job growth seen in the rest of the nation is also being seen in Texas.
How An Interest Rate Hike May Pressure Corporate Profits Ahead
The secret has been out for a while that Janey Yellen and the Federal Reserve are going to begin hiking interest rates. There remains a debate over how soon this will start, and how…
Philly Fed and Leading Economic Indicators Point Higher
For those who were worried about the strength of the economy in the first quarter, stronger numbers are the trend so far this summer.
CPI Ticks Up but Remains Under Fed Target
The Consumer Price Index (CPI) rose by less in the month of May than Bloomberg had predicted.
Weekly Jobless Claims Hardly Weak
The U.S. Labor Department has released its weekly jobless claims reading for the past week, and this appears to be the longest run under the 300,000 mark in 14 or 15 years.
All California Needs Is a Few Hurricanes and 2 Feet of Rain
All it would take to solve California's drought problems is rainfall at levels similar to those that hit recently in Texas and Oklahoma.
Fed Officials Targeting Rate Hike, or Hikes, in 2015
ThinkstockJanet Yellen and the Federal Reserve has announced the results of the June 2015 FOMC meeting. Without surprise is that no interest rate hike was announced. Now, the rest of the details is where…