Nearly All Corporate CFOs Say The Economy Is Going To Slow And The Stock Market Is Overvalued
Chief financial officers at big U.S. companies enter 2020 on a cautious note. Read more
Weekly Jobless Claims Fall But Number Of Unemployed Surged To A More Than 1 1/2-year High
New applications for U.S. jobless benefits fell more than expected last week, but the labor market appears to be cooling... Read more
Fed Policy Is In A 'good Place' But Will Remain Flexible On Rates And Repo, Vice Chairman Says
Richard Clarida said rate cuts last year helped quell worries over global weakness. Read more
JP Morgan Tells Wealthy Clients A 'progressive Overhaul' Of Economy Is One Of 2020's Biggest Risks
J.P. Morgan Asset and Wealth Management also said an uptick in inflation is a risk to the market in 2020. Read more
Private Payroll Growth Surges In December To End 2019 Strong, ADP Says
Companies added 202,000 positions in another sign of a healthy labor market, according to a report Wednesday from ADP an... Read more
Latest Data Show The Economy Ended 2019 On A Strong Note, Putting Recession Fears To Bed
Manufacturing and trade reports Tuesday confirmed that GDP is on pace to rise more than 2% for the fourth quarter. Read more
Mortgage Rates Fall Further, As Buyers Rush Into The First Open Houses Of 2020
The average rate on the 30-year fixed mortgage fell to the lowest level since October this week, according to Mortgage N... Read more
US Trade Deficit Falls More Than Expected To Hit Lowest Level Since Trump Took Office
The U.S. trade deficit fell more than expected in November ahead of negotiations with China that cooled the simmering ta... Read more
US Consumer Confidence Dips In December
"There is little to suggest that growth, and in particular consumer spending, will gain momentum in early 2020," said Ly... Read more
US Home Prices Gains Accelerate In October For 2nd Month
U.S. home prices rose faster in October than the previous month as many would-be buyers competed for a limited supply of... Read more
US Third-quarter Economic Growth Unrevised At 2.1%
U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy... Read more
US Housing Starts Rise More Than Expected, With Permits At A 12-1/2-year High
Housing starts rose 3.2% to 1.365 million units last month, with single-family construction racing to a 10-month high. Read more
US Manufacturing Production Rose More Than Expected In November
U.S. manufacturing output rebounded more than expected in November, as the end of an almost six-week strike at General M... Read more
Homebuilder Confidence Jumps To Highest Level In 20 Years
Builder confidence in the newly built, single-family home market jumped 5 points in December to 76, the highest reading ... Read more
Mohamed El-Erian Sees US And China Going Into An Economic War Beyond Trade After 2020 Election
The Allianz chief economic advisor says he doesn't think the phase one trade agreement is the first step to a long-term ... Read more