ThinkstockThe U.S. Census Bureau releases some interesting studies throughout the course of the year. Considering that it has the Census report, it does after all have access to solid data about the population. Wednesday’s…
ThinkstockThe Conference Board’s Leading Economic Index increased in March, its third consecutive gain. More importantly, the Conference Board suggests this hints at accelerated growth likely into the summer. That will be good news for…
The Chicago Fed National Activity Index (CFNAI) is out for the month of March, and this is often used as one of the first super-regional economic readings. It is used to track economic activity…
ThinkstockAttribute it to the benefits of shale. North Dakota, much of which sits atop of the Bakken Formation, one of the largest natural gas formations in the world, has a nationwide low unemployment rate…
ThinkstockThe Congressional Budget Office released a report that claims that an increase in the national minimum wage to $10.10 will cost American businesses $15 billion in 2017. The debate about the cost will pit…
ThinkstockThe Federal Reserve Bank of Philadelphia’s Business Outlook Survey jumped from a reading of 9.0 in March to 16.6 in April. That was the strongest reading since last September, and it beat a consensus…
The U.S. Labor Department has released its tally on weekly jobless claims, and the figure rose by 2,000 to 304,000. The prior week’s reading was revised higher to 302,000 from 300,000. Dow Jones was…
ThinkstockU.S. economic activity increased in most of the 12 Federal Reserve districts since the March report according to the April version of the Beige Book released Wednesday afternoon. Eight Fed districts characterized growth at…
courtesy of the Federal ReserveFederal Reserve Chair Janet Yellen spoke at the Economic Club of New York on Wednesday, April 16, regarding monetary policy and the economic recovery. The initial reaction was that the…
A new report from a coalition called Americans for Tax Fairness claims that Walmart, Chairman Rob Walton and the entire Walton family owe the United States some $7.8 billion in taxes for 2013.
ThinkstockThe Consumer Price Index (CPI) in the month of March did not follow the exact same gains as last week’s Producer Price Index. That generally takes two months or even more before producers and…
Wikimedia CommonsIn the midst of a period when the U.S. government is cutting expenses and looking for more revenue to close the budget gap and slow the ballooning of the national debt, more than…
ThinkstockDetroit has started to auction homes for as little as $1,000 each. Its Building Detroit website launched Monday with 15 homes and a series of rules buyers must follow once they take possession of…
ThinkstockThe Congressional Budget Office (CBO) released its updated estimate of the U.S. federal budget deficit on Monday afternoon. The agency now estimates that the fiscal year 2014 deficit will fall to $492 billion, nearly…
ThinkstockRussia is the world’s seventh largest economy based on gross domestic product (GDP). The CIA World Factbook puts its GDP for 2013 at $2.55 trillion. An even modest contraction would push it out of…