courtesy of the Federal ReserveThe Federal Reserve has released the minutes of its July 29 to 30 FOMC meeting. While it has been broadly expected that the Fed will keep rates on hold, there is one…
ThinkstockIn yet one more survey of the best cities to live in, most livable cities, most affordable cities and best places of foreigners to live, the Economist Intelligence Unit (EIU) has produced one of…
ThinkstockApparently, $100 is not worth $100 everywhere in America. At least that is the conclusion of a study from the Tax Foundation, which has provided this sort of information since 1937. For example, $100 is…
ThinkstockBy Robert Bensh for Oilprice.com Ukraine’s next crisis will be a devastatingly economic one, as violent conflict destroys critical infrastructure in the east and brings key industry to a halt, furthering weakening the energy…
ThinkstockThe U.S. Labor Department gave us the formal inflation reading for the month of July on Tuesday morning. The good news is that inflation concerns have abated. July’s Consumer Price Index (CPI) rose 0.1%…
ThinkstockRetail e-commerce sales in the U.S. reached a new high of 6.4% of all retail sales in the second quarter of 2014 according to the U.S.Census Bureau. That is an increase of 4.9% sequentially…
ThinkstockThis was almost looking like a great week for the stock market, but geopolitical news interrupted this positive trend late on Friday morning and markets took a sharp turn for the worse. Reports of…
ThinkstockThe Reuters/University of Michigan consumer sentiment index was released on Friday morning. Consumer sentiment for mid-August was reported at 79.2. The Bloomberg economists estimate was much higher at 82.3, and the range of estimates was 80.0 to…
ThinkstockThe dual report on industrial production and capacity utilization for the month of July was released on Friday. While these were basically inline with estimates, there are some points worth noting that still have…
ThinkstockThe New York Federal Reserve released the Empire State Manufacturing survey on Friday. The survey showed that business conditions continued to improve for New York district manufacturers, but the gains were less widespread than the…
The U.S. Labor Department Friday morning released the Producer Price Index (PPI) for July, which effectively measures wholesale inflation. As a reminder, this is PPI reading now measures final demand. PPI rose 0.1% in…
ThinkstockIs there inflation or not? That is just one of the million-dollar questions out there right now? We will find out on Friday morning at 8:30 a.m. Eastern Time when the U.S. Labor Department…
The U.S. Department of Labor has released its weekly jobless claims. The number of people who applied for jobless benefits increased back above the 300,000 level to 311,000 claims. This was an increase of 21,000…
The German economy contracted .2% in the second quarter of 2014 according to the Federal Statistical Office (Destatis). The largest and most powerful by GDP, German’s numbers are considered a critical marker to the entire…
The Commerce Department reported on Wednesday that Business Inventories were up by 0.4% for the month of June. The consensus estimate of economists polled by Bloomberg was spot on at 0.4%, and the range…