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Fed's James Bullard Says He's Pleased With Rates At These Levels And It's Time To 'wait And See'

AMERICA - Published date: .

Bullard also stresses that if the economy were to show unexpected strength or weakness, the Fed would consider acting "i... Read more

Payrolls Surge By 304,000, Smashing Estimates Despite Government Shutdown

AMERICA - Published date: .

Economists surveyed by Dow Jones had expected payrolls to rise by just 170,000. Stock futures and yields surged in react... Read more

Top GE Analyst Stephen Tusa Not Impressed By Earnings: 'Scratching Our Heads At The Stock Reaction'

AMERICA - Published date: .

General Electric shares soared to their best day in a decade following the Thursday's fourth-quarter earnings report but... Read more

Even Though The Fed Has Put Rate Hikes On Pause, Here's Why Some Still Think The Trend Is Up

AMERICA - Published date: .

While Fed Chairman Jerome Powell made it clear that policymakers are in pause mode for the time being, there's no tellin... Read more

Trump Considering Former Presidential Candidate Herman Cain For The Fed

AMERICA - Published date: .

Former presidential candidate and Godfather's Pizza CEO Herman Cain is under consideration for a Federal Reserve appoint... Read more

Worker Wage Gains Just Broke 3% For The First Time In More Than 10 Years

AMERICA - Published date: .

The Employment Cost Index showed a 3.1 percent gain in the wages and salaries component in the fourth quarter of 2018. Read more

US Weekly Jobless Claims Jump To A Near One-and-a-half Year High

AMERICA - Published date: .

The number of Americans filing applications for unemployment benefits surged to near a 1-1/2-year high last week, which ... Read more

China And US Discussing Trump-Xi Trade Meeting, But Optics Among Sticking Points

AMERICA - Published date: .

U.S. and Chinese officials are discussing a potential meeting between Presidents Donald Trump and Xi Jinping to take pla... Read more

DoubleLine CEO Gundlach Says Fed's Powell Is 'caving To The Stock Market'

AMERICA - Published date: .

Fragile equity markets forced Fed Chair Jerome Powell to pledge that the U.S. central bank will be patient with future i... Read more

Time Is Running Out For The US-China Trade Talks — But American Firms Still Have Big Questions

AMERICA - Published date: .

Despite U.S. Treasury Secretary Steven Mnuchin expressing optimism that "significant progress" can be achieved in this w... Read more

Watch The Context Summits' Global Economics Panel

AMERICA - Published date: .

The panel, which will be moderated by Allianz Chief Economic Advisor Mohammed El-Erian, will discuss emerging trends and... Read more

December Pending Home Sales Drop To Lowest Point In Five Years, Despite Much Lower Interest Rates

AMERICA - Published date: .

House hunters signed 2.2 percent fewer contracts to buy existing homes in December, according to the National Associatio... Read more

Private Companies Add 213,000 Jobs In January, Easily Topping Expectations: ADP/Moody's Analytics

AMERICA - Published date: .

Private payrolls grew in January at a much faster pace than expected as the labor market shrugged off the longest U.S. g... Read more

Fed Is Likely To Hold Rates Steady As It Navigates Data Blind Spots

AMERICA - Published date: .

In the six weeks since a confident U.S. Federal Reserve raised interest rates in response to a "strong" U.S. economy, co... Read more

Drop In Mortgage Applications Proves Just How Rate-sensitive Today's Borrowers Are

AMERICA - Published date: .

After falling for two weeks, mortgage interest rates turned ever so slightly higher last week, and that apparently turne... Read more