Economists expected manufacturing activity in the Richmond Fed region would bounce into positive territory this month.
Home prices are nearly back to where they were before the crash. In some places, home prices are above where they were at the peak of the national boom.
Anyone recall the logic in the 1960s and 1970s that suggested there were only 50 stocks one needed to look at, and those 50 stocks could never go wrong?
On Monday, the Fed regional reports kicked off with the Empire State report, a survey of manufacturing conditions in the general New York region.
The fight for a "living wage" of $15 per hour is raging the US.
Shipping is a strong indication on the health or weakness of the global economy. So let's take a look at what's happening.
On November 1, I noted Greek Banks Need 14 Billion Recapitalization Following Latest Stress-Free Tests.
Reuters reports Ex-House Speaker Hastert Pleads Guilty in Hush-Money Case.
In its Press Release following today's FOMC meeting, the Fed dropped all the references made last month about the softening global economy.
Large US corporations posted their first decline in both earnings and sales since the great recession. Are we back in recession?
Those expecting a big surge in seasonal hiring this year are likely to be wrong if outplacement firm Challenger, Gray & Christmas is correct.
A pair of conflicting headline stories caught my eye. One headline says Americans have too little savings while the other says we are saving so much that it's a problem. Let's have a look.
3rd Quarter GDP Forecast Slips to 0.9%
In news that is bound to make the inflationists at the Fed as well as property owners happy, Landlords Will Hike Rents by 8% this Year.
In response to Chicago Suburbs $1 Million+ Home Sales "Not Totally Dead" Yet; Rush for the Exit, I received emails from Virginia and Texas about slowdowns in those states.
Bloomberg reports China's Foreign Reserves Post Record Quarterly Drop on Yuan.
In the wake of recent economic data, economists at the IMF and Deutsche Bank lowered their growth estimates.
For the third month in a row, the Case-Shiller 20-city seasonally adjusted home price index declined. Last month was revised lower. Economists were surprised.
Those looking for "lift off" material for Fed hikes will not find it in the latest Durable Goods report from the US Department of Commerce.
Yale University market scholar Robert Shiller entered the bubble debate last week as noted in the Financial Times article Fears Grow Over US Stock Market Bubble.