Economy


New Home Sales Rise To 11-month High In February

AMERICA - Published date: .

Sales of new U.S. single-family homes increased to an 11-month high in February and sales for January were revised highe... Read more

If A Recession Really Is Coming, Here's What Powell And Trump Can Do To Stop It

AMERICA - Published date: .

With a bond market signal pointing to a recession, policymakers have a choice: act now or hope that conditions change fo... Read more

Consumer Spending, Personal Income Data Show Economy Slowing Swiftly In The New Year

AMERICA - Published date: .

U.S. consumer spending rebounded less than expected in January and incomes rose modestly in February, suggesting the eco... Read more

Looking For Recession Signs? Follow The Jobs, Says Credit Suisse Economist

AMERICA - Published date: .

Investors trying to sniff out signs of the next recession should pay attention to an increase in broader unemployment, s... Read more

US Weekly Jobless Claims Unexpectedly Fall

AMERICA - Published date: .

The number of Americans filing applications for unemployment benefits unexpectedly fell last week, suggesting labor mark... Read more

Economic Growth Slowed In The Fourth Quarter, Leaving GDP Short Of Trump's Goal

AMERICA - Published date: .

In all, 2018 closed with a 2.9 percent increase, short of President Trump's hopes for 3 percent growth. Read more

US Efforts To Cut Trade Deficit Show Biggest Win In Almost A Year

AMERICA - Published date: .

The U.S. trade deficit dropped sharply to $51.15 billion as exports rebounded from a slowdown at the end of 2018. Read more

Likely Fed Nominee Stephen Moore Thinks Rates Should Be Cut By Half A Percentage Point

AMERICA - Published date: .

The Heritage Foundation fellow backed off on earlier criticism he had for the Fed and specifically its chairman, Jerome ... Read more

Optimism Dips, But Americans Still Feel Economy Is In Good Shape Under Trump: CNBC Survey

AMERICA - Published date: .

Half of all Americans believe the economy is in excellent or good shape, according to CNBC's All-America Economic Survey... Read more

US Consumer Confidence Weakens In March

AMERICA - Published date: .

American consumers were feeling less confident this month amid continued volatility in the financial markets. Read more

US Housing Starts Fall In February On Weak Single-family Homebuilding

AMERICA - Published date: .

U.S. homebuilding fell more than expected in February as construction of single-family homes dropped to more than a 1-1/... Read more

Trump Tariffs Costing US Consumers $1.4 Billion Per Month, Study Shows

AMERICA - Published date: .

The Federal Reserve Bank of New York, Princeton and Columbia find President Trump's tariffs are costing U.S. consumers b... Read more

Apples Streaming Push Is A Reminder Of What Irelands West Has Lost

FinTech - Published date: .

Last night (25 March) Apple revealed how it intends to take on the world of streaming entertainment and real-time video... Read more

Standard Chartered CEO Says A Recession Next Year 'looks Less Likely Today'

AMERICA - Published date: .

There may be signs of a possible recession, but Standard Chartered CEO Bill Winters says it doesn't look like a downturn... Read more

Business Economists See A Slowdown In Growth This Year, Survey Says

AMERICA - Published date: .

The nation's business economists foresee a sharp slowdown in U.S. economic growth over the next two years, in sharp cont... Read more

Ex-Fed Chair Yellen: The Recession Indicator In The Bond Market Could Mean A Rate Cut Not A Downturn

AMERICA - Published date: .

Yellen discusses the yield curve inversion, which sent stocks tumbling on Friday. Read more

Fed's Charles Evans Says US Economy Is Slowing But Downplays Recession

AMERICA - Published date: .

Chicago Federal Reserve President Charles Evans says the U.S. economy has slowed but downplayed chances of a recession. Read more

Boeing's 737 Max Could Single-handedly Hit US GDP If Production Is Halted, JP Morgan Says

AMERICA - Published date: .

A production halt of Boeing's 737 Max jets could be felt well beyond the aerospace giant's quarterly profits, according ... Read more

The Bond Market Is Flashing Its Biggest Recession Sign Since Before The Financial Crisis

AMERICA - Published date: .

The three-month bond yield eclipsed the 10-year note Friday morning, a traditionally strong sign that a downturn is loom... Read more

US Weekly Jobless Claims Fall More Than Expected

AMERICA - Published date: .

The jobless claims report pointed to still strong labor market conditions, though the pace of job growth has slowed afte... Read more