FOMC Ends Asset Buying, Continues Near-Zero Interest Rate
The Federal Open Market Committee (FOMC) on Wednesday afternoon voted to end its monthly asset purchases -- aka QE3 -- by the end of October.
Economy
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Newest first · Page 278Why Consumer Confidence Rebounded in October
The Conference Board released some good news Tuesday morning for October’s consumer confidence, unlike the durable goods report earlier in the morning.
Durable Goods Orders Fall Again in September
The U.S. Department of Commerce released the durable goods report for the month of September on Tuesday morning.
Iceland Ranks First on Gender Gap
Men, particularly in the United States, have significant advantages over women, at least in terms of their earning power.
Texas Manufacturing Remains Strong Despite Oil Going to $80
Manufacturing activity in Texas is holding up better than many business watchers may have feared with lower and lower oil prices.
Federal Reserve Showing Better Economic Picture at National Level
The Chicago Federal Reserve's National Activity Index (CFNAI) rose in September.
Weekly Jobless Claims Post Larger-Than-Expected Rise
The U.S. Department of Labor has reported a rise in weekly jobless claims, but the four-week moving average still fell.
Very Differing Views on 2014 Holiday Retail Sales Growth Expectations
The big question for retailers and for the economy is how the key fourth quarter will turn out. Two key forecasts suggest what to expect from the upcoming season.
September CPI Avoids Deflation Fears
The Bureau of Labor Statistics released the Consumer Price Index (CPI) on Wednesday morning.
31% of Americans Believe It’s a Good Time to Find Job
Gallup reports that optimism about finding a job has jumped to a level rarely seen since the Great Recession.
Another Sign Companies Expect Economic Slowdown
The October 2014 NABE Business Conditions Survey offered another sign that pessimism about the economy has spread.
Consumer Sentiment Soars to 7-Year High
The preliminary October reading on the Thomson Reuters/University of Michigan Consumer Sentiment Index rose to a level not seen since July of 2007.
Philly Fed Positive on Manufacturing
The Federal Reserve Bank of Philadelphia has released its Business Outlook Survey for the month of October, suggesting continued expansion of the region's manufacturing sector.
U.S. Industrial Production Bounces Higher
The Federal Reserve reported Wednesday morning that U.S. industrial production rose 1% in September.
Weekly Jobless Claims Buck Weak Economic Trends
The U.S. Labor Department has reported its weekly jobless claims for the last week, and it was a surprisingly good economic report.