Economy
US Retail Sales Soared 1.6% In March
AMERICA - Published date: .
U.S. retail sales were expected to rise 0.9% in March, after slipping 0.2% a month earlier. Read more
US Trade Deficit Falls In February As Shortfall With China Decreases 28%
AMERICA - Published date: .
The decline was due in large part to a 28.2 percent decrease in its goods deficit with China as exports to the nation su... Read more
Economy Could Be Weaker Than Expected, And The Reason Is Manufacturing
AMERICA - Published date: .
Industrial production was negative for the first quarter since the third quarter of 2017, and that could signal weaker e... Read more
If Trump Wins A Second Term, Stocks Would Likely Get A Boost, Robert Shiller Says
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Yale University economics professor Robert Shiller suggests President Trump's policies will prolong the bull market. Read more
Fed's Charles Evans Tells CNBC Rates Can Stay Unchanged Into Fall Of 2020
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Chicago Federal Reserve President Charles Evans said on Monday that he'd be comfortable leaving interest rates alone unt... Read more
JP Morgan In 'attack Mode': Mega Bank Is Bigger Than Ever, And Jamie Dimon Bullish On Economy
AMERICA - Published date: .
Fears that a recession is on the horizon spiked last month when bond markets gave signals that confidence in the economy... Read more
Alan Greenspan Says Economy Will Start To Fade 'very Dramatically' Because Of Entitlement Burden
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Economic growth won't last as the U.S. labors under the burden of growing entitlement programs, former Fed Chairman Alan... Read more
Cain Reportedly Will Withdraw His Name As Potential Fed Nominee
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In recent days, at least four GOP senators said they would not back Cain, seeming to torpedo the nomination before it ev... Read more
US Import Prices Rise For A Third Straight Month, Driven By Higher Fuel Prices
AMERICA - Published date: .
U.S. import prices were expected to rise 0.4% in March, after rising 0.6% a month earlier. Read more
Paul Krugman: The Next Downturn Will Be A 'smorgasbord Recession'
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The economist says slowing growth in China and Europe, deflation of a tech bubble and corporate debt could all being on ... Read more
Fed Must 'tread Carefully' Given Market Signals On Outlook: Bullard
AMERICA - Published date: .
St. Louis Federal Reserve President James Bullard said the Federal Reserve needs to "tread carefully" to keep the econom... Read more
Fed's Clarida: US Slowing, But Expansion Will 'almost Certainly' Break Record
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The U.S. is economy likely slowing from its strong rate of growth in 2018, with "important international risks" clouding... Read more
Signs Of A Global Economic Recovery In The Second Half Are Emerging
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Worries about the global economy percolate even as equities around the world rise, but an economist at Ned Davis Researc... Read more
US Weekly Jobless Claims Drop To The Lowest Level Since 1969
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First-time claims for state unemployment benefits were expected to total 211,000 for the most recent week, up from the 2... Read more
US Producer Prices Post The Biggest Increase In 5 Months
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U.S. producer prices increased by the most in five months in March, but underlying wholesale inflation was tame. Read more
Fed Chairman Jerome Powell To Meet With Democrats As Trump Increases Pressure On Central Bank
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Top lawmakers also say they are growing increasingly worried about the politicization of the Fed. Read more
Vice President Mike Pence Backs Trump's Call To Lower Interest Rates, Citing Low Consumer Inflation
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Trump and economic advisor Larry Kudlow have also called for lower rates, though the Fed generally makes decisions indep... Read more
Rising Gasoline Prices And Rents Boost US Consumer Prices In March
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U.S. consumer prices increased by the most in more than a year in March, but underlying inflation remained benign agains... Read more
America's Bustling Jobs Market Is Still Leaving Some People Behind
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For those in the labor market, employers and job seekers alike, the details of the U.S. labor market are complicated. Read more
Strong Jobs Number Dashes Recession Fears And Shows Fed It Does Not Need To Move On Rates
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March's jobs growth powered back to a more normal level of 196,000, after February's weakness, suggesting a first-quarte... Read more
