7 Years of Zero Rates Have Created a New Twilight Zone
A new research piece from Merrill Lynch says the Federal Reserve has seen enough, and the first rate increase will hit the tape on September 17.
Economy
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Newest first · Page 26311 Ways the EU Could Force Greece Into a Deal
After Greece failed yet again to reach a deal with European leaders, it is time for the Europeans to accept the fact that Greece simply wants out of much of its debt and already…
198 Million Americans Planning Summer Vacations
Some 85% of Americans are planning at least a one-week vacation this summer and more than a third expect to spend two weeks on vacation.
CEOs Dimming Views on Hiring, Capital Spending and Sales Growth
ThinkstockIf you work for one of the big companies in America, chances are higher now than just one quarter back that your company’s Chief Executive Officer has dimmed his or her views on the…
Downpours End Texas Drought
Rains that flooded much of Texas have wiped out the drought in what may be an exceptionally short time.
Dear Greece: Ireland Credit Rating Raised at S&P
ThinkstockMany investors, economists and people in general have watched the longstanding woes in Europe. The people inside Europe have lived through these woes as well, and some nations know how to get it right,…
When a Strong Labor Department Jobs Report Is Treated Badly
Equity futures are treating the latest unemployment data as "good news is bad news" because it means that Federal Reserve hawks will have a stronger case to raise interest rates sooner than Yellen and…
When Dealing With Greece Becomes Impossible
Why do the Europeans, and anyone else for that matter, continue to play this ongoing shell game with Greece?
A Mixed Yet Positive Bias Ahead of Labor Department Payrolls and Unemployment
Investors are getting a very mixed bag, albeit a positive mix, for previewing this Friday's unemployment and payrolls report from the U.S. Department of Labor.
OECD Slashes Global Growth Forecast
In another sign that the largest engines of the world's economy have faltered, the OECD has slashed its forecast for global GDP for this year and for 2016.
How ISM Manufacturing Data May Help Fed on Rate Hikes
While there have been many weak economic reports of late, the Institute for Supply Management's manufacturing data showed yet another expansion in the month of May.
Unemployment in Nebraska Drops to 2.5%
The national unemployment rate for April was 5.4%, and the lowest unemployment rate in the country was less than half that, 2.5% in Nebraska.
US Leads Slowdown in OECD GDP Growth
The OECD reports that real GDP growth among the OECD countries in the first quarter of 2015 slipped. The slowdown was most significant in the United States.
Cities Where Commuting Is a Nightmare
The longest mean travel time to work in any U.S. city is nearly 40 minutes, and the shortest mean commute time is just under 21 minutes.
UK Consumer Prices Fall for First Time Since 1960
Deflation has started to take hold in the United Kingdom and threatens several other large economies.