Mixed Inflation and Deflation News in Consumer Prices
The U.S. Labor Department's headline Consumer Price Index for November posted its largest decline in almost six years.
The U.S. Labor Department's headline Consumer Price Index for November posted its largest decline in almost six years.
Many experts believe that Russia will fall into a deep recession next year, due primarily to a drop in oil prices.
Despite efforts to stabilize the crumbling ruble, the Russia trade just seems to keep going from bad to worse.
Markit's HSBC Flash China Manufacturing Index has dropped to 49.5, under 50 benchmark that represents a contraction.
The state with the most jobs lost to China on a percentage basis? Oregon, according to the Economic Policy Institute.
The Thomson Reuters/University of Michigan Consumer Sentiment Index preliminary reading for December is the highest since January 2007.
The fears of deflation due to lower energy prices and lower demand are likely to get stronger.
GDP could be damaged as much by the weather as by problems outside America. It happened in the first quarter of 2014 and could easily happen again.
While many Americans believe that unemployment and gridlock in Washington have gone a long way to ruin this year, much of the population does not see it that way.
Weekly jobless claims reported by the U.S. Labor Department on Thursday morning were fewer than expected.
ThinkstockPurchasing and supply management executives predicted in the December 2014 Semiannual Economic Forecast that the U.S. economy will continue to grow in 2015. The manufacturing sector is optimistic about the expected growth in 2015…
For three consecutive quarters, the American Customer Satisfaction Index has been declining, and the drop in the third quarter could indicate weak spending growth for the important fourth.
Greece is making itself temporarily relevant yet one more time. Its Prime Minister has called for the presidential election to be moved up to next week.
According to the Chronicle of Higher Education, one private college president earned over $7 million in 2012, and 36 earned more than $1 million in the same year.
With 10-year bond yields under 2% for much of the eurozone, and with inflation sliding into deflation, it is impossible to not notice when the ratings agencies actually upgrade a European nation.