Why Markets Like Janet Yellen as Treasury Secretary
President-elect Joe Biden is expected to name former Federal Reserve Chair Janet Yellen to be Secretary of the Treasury. It's a move widely approved by Wall Street, and here's why.
Economy
All Economy Articles
Newest first · Page 93
The K-Shaped Economic Recovery Gets Much Worse
The economy has reached a crossroads, and the K-shaped recovery has started to worsen.
Here’s Where 12 Million Americans May Lose Jobless Benefits, State by State
Here's where 12 million Americans may lose jobless benefits, state by state, according to a new report from the Century Foundation.
3 Live Manufacturing Reports Weaker in November vs. October
Manufacturing data can be bumpy each month at the regional level. But it is that regional data that makes up the whole nation after all regional data are added up. So what happens when…
Thanksgiving Holiday Road Trips Down by Half This Year
The COVID-19 pandemic is keeping Americans either at home or closer to home this year according to a new survey from GasBuddy.
The Global Debt Reckoning Includes China as Well
The trillions and trillions of economic stimulus ultimately have to be paid for by some means. Now the whole world seems to be drowning in debt.
Lack of Stimulus Slows Retail Sales
While a lack of stimulus did not weigh on retail sales in September, that does not seem to be the case for October.
New York Fed Manufacturing Shows Slower Growth in November
The Federal Reserve Bank of New York's Empire State Manufacturing Index report for November came with a disappointing headline index reading.
Politics and Surging COVID-19 Cases Are Hurting Consumer Sentiment
The University of Michigan has released its preliminary reading on consumer sentiment for November. The results were far weaker than expected.
These Are the American Cities Where It Has Never Snowed
Some parts of the country rarely get snow. The cities where it has never snowed are in two of these states: California and Florida.
What a Lockdown Could Look Like Under a Biden Administration
President-elect Biden has established a task force to recommend steps that his administration could take to stop the spread of COVID-19. One member already has proposed a lockdown of up to six weeks. What…
AAA Sees Thanksgiving Travel Down 10% This Year
AAA estimates that about 50.5 million Americans will be traveling for the Thanksgiving holiday this year, a decline of about 10% year over year.
Federal Reserve Remains Unimpressed About Consumer Prices and Inflation
With inflation not running rampant, the market doesn't really seem to care now if prices are a tad higher or lower. That may change.
These Are the Names of the Record 29 Atlantic Storms This Year
These are the 29 named Atlantic tropical storms this year and the day they formed.
Top Analyst Upgrades and Downgrades: AbbVie, Beyond Meat, Biogen, Cars.com, Levi Strauss, Maxeon, Nvidia, Pfizer, Plug Power, Square, Wayfair and More
Tuesday's top analyst upgrades and downgrades included AbbVie, Beyond Meat, Biogen, Eli Lilly, Levi Strauss, Nvidia, Pfizer, Plug Power, Raytheon, Square and Wayfair.