Every month the New York Fed interviews a rolling group of 1200 people to produce a detailed Survey of Consumer Expectations.
Existing home sales in August dipped 4.8% month-over-month to a seasonally adjusted rate of 5.31 million units.
About a week ago I received an interesting email from reader Steve Kline Jr.
With the holiday shopping season just about upon us, the Independent Pilots Association (IPA), a trade union representing pilots at UPS, said its leadership has called on its 2,528 members to authorize a pilot strike against UPS.
In yet another oil price crash side effect, Dollar Denominated Loans in Saudi Arabia Jump 600%.
In the housing bust, many glass manufacturers went out of business or mothballed operation.
The Atlanta Fed third quarter GDPNow Forecast inched up today, primarily based on August motor vehicle sales.
Bloomberg columnist Barry Ritholtz interviewed Paul McCulley, former chief economist at PIMCO, and often mentioned FOMC candidate on the Fed's performance.
China manufacturing and services are both in contraction at the fastest rate since early 2009.
The Chicago PMI reading came in just shy of the Bloomberg Econoday Estimate of 54.9.
In the wake of reneging on major election promises, Greek prime minister Alexis Tsipras resigned and called for snap elections. He did so out of fear of losing a vote of confidence that would have forced the same result down the road.
Reason TV had an excellent interview with Jim Grant, editor of Grant's Interest Rate Observer on the recent stock market turmoil. Grant says The Fed Turned the Stock Market Into a 'Hall of Mirrors'.
Was the Surprise Devaluation and Currency War by China two weeks ago an economic tipping point?
Mohamed El-Erian, former CEO of Pimco spoke with Bloomberg TV's Olivia Sterns and Alix Steel about the selloff in stocks and the implications for Fed policy.
After futile attempts to prop up its stock market bubble, China stood back and did what it should have done in the first place: Let gravity take over.
Crude prices are back to where they were in 2004. Before that, crude previously topped near $41 in September of 1990!
The market still believes the Fed will hike rates in September or October. The CME's FedWatch Sees it like this.
Last month, the Empire State Manufacturing report eked out a small gain, giving economists grounds for optimism in the manufacturing sector.
Retail sales, led once again by autos, beat the Bloomberg Economic Consensus. In addition, prior revisions were all higher.
The Financial Times reports Memo Reveals Extent of Control Bailout Monitors Will Have on Greece.