Corporate Profits, Exports Boost US GDP
The first revision to real gross domestic product for the second quarter was reported Thursday morning.
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Newest first · Page 286LA Minimum Wage Could Be Among Highest in U.S.
ThinkstockLos Angeles could become the third California city to take action on a proposal to raise its minimum wage. The city’s mayor, Eric Garcetti, is expected to announce a plan on Labor Day to…
Will the 4% GDP for Q2 Hold Up in Thursday’s Revision?
The first revision to real GDP for the second quarter of 2014 will be reported Thursday morning.
Is Higher Credit Card Debt Increasing Risks of Another Subprime Bubble?
The National Consumer Trends Credit Report shows that credit card debt is increasing across all the largest metro areas in America.
Companies That Have Cut Their U.S. Tax Bills the Most
These companies have cut their effective tax rates the most and boosted their net income at the same time.
Consumer Confidence Strength Driven by Today Rather Than Tomorrow
The Conference Board has released its reading on Consumer confidence for the month of August.
Durable Goods Gain of 22.6% Only Huge in the Headline
Durable goods orders for July were reported Tuesday morning, but do not let the headline number fool you.
Chicago Fed National Activity Index Improves Further
The Chicago Fed National Activity Index rose to +0.39 in the month of July, and the reading from June was revised to +0.21.
Yellen’s Rate Hike Meatball: Other Fed Presidents vs. Fed Funds Futures
Sometimes the markets just can't trust what Federal Reserve and central bank officials say individually.
Yellen Sees Negative Labor Market, Undermines Rate Hike Chances
Federal Reserve Chair Janet Yellen reminded the audience at the Federal Reserve's annual retreat in Jackson, Wy., that the labor market has yet to fully recover.
Ebola Outbreak and Liberian Economy by the Numbers
Among the world's poorest nations, Liberia has not nearly enough economic resources to battle the Ebola outbreak.
Philly Fed Manufacturing on Fire: DJIA Holds Above 17,000
The Federal Reserve Bank of Philadelphia has released its August Business Outlook Survey, and the report was a hot one.
Leading Economic Indicators Show Continued Growth
The Conference Board reported that the Leading Economic Index had increased 0.9% in July to 103.3.
Weekly Jobless Claims Continue With Strength
The U.S. Department of Labor has released its reading on weekly jobless claims. People who applied for jobless benefits decreased by 14,000 to 298,000. This was a decline from the previous level of 312,000, which had…
Israel’s Economy by the Numbers
ThinkstockIsrael has an outsized effect on world politics for a nation the gross domestic product (GDP) of which is not among the 40 largest in the world. The International Monetary Fund (IMF) puts it…