US Oil Rig Count Unchanged, Crude on Track for 3% Weekly Loss
In the week ending August 17, 2018, the number of land rigs drilling for oil in the United States totaled 869, unchanged compared to the previous week and up by ...Read Full Story »
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August Consumer Sentiment Slides to 11-Month Low
The preliminary University of Michigan Consumer Sentiment Index for August slipped 2.7% to a reading of 95.3, after posting a reading of 97.9 in July. The preliminary reading is 1.5% ...Read Full Story »
Nvidia–Crypto Stings, Big Picture Intact
By Gene Munster and Steve Van Sloun of Loup Ventures Shares of NVDA [were] down 5% after-hours [Thursday]. The company missed expectations in its OEM and IP segment as the ...Read Full Story »
The Rust Belt Needs Capital to Turn Talent and Innovation Into Jobs
By John C. Austin, nonresident senior fellow in the Metropolitan Policy Program at the Brookings Institution Since Rust Belt voters tipped the results of the 2016 election, interest in effective ...Read Full Story »
July Housing Starts Resume Slow Growth
The U.S. Census Bureau and the Department of Housing and Urban Development reported Thursday morning that new housing starts in July rose to a seasonally adjusted annual rate of 1.168 ...Read Full Story »
Natural Gas Price Drops on Storage Increase, Weather Forecast
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles increased by 33 billion cubic feet for the week ending August 10. Analysts were expecting a ...Read Full Story »
Relocation for Work Reaches Historic Lows
In the 1980s, over one-third of job seekers were willing to move for a new position. Now more than ever this number is dramatically shrinking as new trends are emerging ...Read Full Story »
US Drivers Learn More About Self-Driving Cars, Like Them Less
Over the past two years, U.S. drivers have become more aware of autonomous (self-driving) vehicles. More than three-quarters (78%) have some knowledge of autonomous vehicles that a human driver may ...Read Full Story »
Salt: Not as Bad As We’ve Been Told?
Salt may have gotten a bad rap all these years. At least that's the conclusion of a new study published this week in the U.K. medical journal The Lancet. According ...Read Full Story »
Homebuilder Confidence Dips Slightly in August
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for August slipped one point from July's index reading of 68 to 67. The HMI posted an 18-year ...Read Full Story »
Recognizing Infrastructure’s Role as a Local Economic Anchor
By Joseph Kane, senior research associate and associate fellow at the Metropolitan Policy Program of the Brookings Institution In the race to grow their economies and create new jobs, localities ...Read Full Story »
Retail Spending Remains Strong, Up More Than 6% in July
U.S. consumer spending increased by 6.4% year over year to $507.5 billion in July and up by 0.5% month over month from a downwardly revised June total of $504.9 billion. ...Read Full Story »
US Shale Oil Production to Rise 90,000 Barrels a Day in September
Between August of 2017 and August of 2018, U.S. crude oil production from seven major shale regions is forecast to rise by 1.4 million barrels of oil per day to ...Read Full Story »
Musk Fills in the Blanks and Addresses Funding Questions
By Gene Munster and Will Thompson of Loup Ventures Elon Musk wrote a blog post titled Update on Taking Tesla Private addressing the most common questions following last weeks going ...Read Full Story »
Rebuilding the Employment Security System for the Rust Belt That Created It
By John C. Austin and Richard Kazis of the Metropolitan Policy Program at the Brookings Institution Industrial transformation, brought on by global trade, new digital technologies, and changes in the ...Read Full Story »
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