Breaking News: Economy
US Households See Biggest Decline In Net Worth Since The Financial Crisis
AMERICA - Published date: .
Net worth dropped to $104.3 trillion as 2018 came to an end, a slide of $3.73 trillion, according to figures released Th... Read more
The Fed Doesn't Have To Worry About High Inflation Anymore, And That's A Problem
AMERICA - Published date: .
There was a time not so long ago that defeating inflation would have been considered a huge victory for the Federal Rese... Read more
US Productivity Rose A Modest 1.9% In The Fourth Quarter
AMERICA - Published date: .
U.S. productivity grew at a rate of 1.9 percent in the fourth quarter, a slight improvement over the third quarter. Read more
US Weekly Jobless Claims Unexpectedly Fall
AMERICA - Published date: .
The jobless claims data pointed to strong labor market conditions despite signs that job growth was slowing. Read more
US Trade Deficit Surges To 10-year High In December, Ends 2018 At $621 Billion Despite Tariffs
AMERICA - Published date: .
The U.S. trade deficit ballooned in December to $59.8 billion, ahead of expectations, and was $621 billion for all of 20... Read more
Private Payrolls Up 183,000, But Moody's Economist Says Jobs May Have Peaked
AMERICA - Published date: .
Job creation at the company level cooled in February after a sizzling start to 2019, according to a report from ADP and ... Read more
ISM Manufacturing Index Hits Lowest Level Since November 2016
AMERICA - Published date: .
U.S. manufacturing activity expanded at a slower-than-expected pace last month, according to data released Friday. Read more
US Personal Income Posts First Drop In Over Three Years
AMERICA - Published date: .
The Commerce Department said on Friday personal income slipped 0.1 percent in January. That was the first decline since ... Read more
US Jobless Claims, Continuing Claims Rise, Suggesting A Softening Jobs Market
AMERICA - Published date: .
The number of Americans filing applications for jobless benefits increased more than expected last week and the number o... Read more
Fed's Quarles: We'd 'quickly Reassess' Balance Sheet Plan If Problems Came Up
AMERICA - Published date: .
The vice chair said at a conference that the Fed remains committed to its dual mandate of full employment and price stab... Read more
Fed's Quarles: We'd 'quickly Reassess' Balance Sheet Plan If Problems Came Up
AMERICA - Published date: .
The vice chair said at a conference that the Fed remains committed to its dual mandate of full employment and price stab... Read more
The Fed Is About To Start Public Sessions On How It Can Improve Policy
AMERICA - Published date: .
Starting Monday in Dallas, the central bank will hold a series of "Fed Listens" events aimed at getting input from vario... Read more
The Fed Is About To Start Public Sessions On How It Can Improve Policy
AMERICA - Published date: .
Starting Monday in Dallas, the central bank will hold a series of "Fed Listens" events aimed at getting input from vario... Read more
Citigroup Upgraded By Jefferies, Citing Latin America Growth
AMERICA - Published date: .
Jefferies upgrades Citigroup's stock to buy from hold, saying the bank is headed toward revenue growth this year, as wel... Read more
Citigroup Upgraded By Jefferies, Citing Latin America Growth
AMERICA - Published date: .
Jefferies upgrades Citigroup's stock to buy from hold, saying the bank is headed toward revenue growth this year, as wel... Read more
General Dynamics Downgraded By Credit Suisse: 2019 Forecast Is 'well Behind Defense Peers'
AMERICA - Published date: .
Credit Suisse downgraded General Dynamics stock to neutral from outperform on Friday, saying the company is "well behind... Read more
China's Inflation Slows In January, Potentially Pushing Officials To Step In, Says Economist
AMERICA - Published date: .
China's Consumer Price Index missed expectations in January coming in at 1.7 percent higher than a year ago, the Nationa... Read more
Fed Gov. Brainard Sees 'downside Risks' Increasing, Says Balance Sheet Runoff Should End This Year
AMERICA - Published date: .
The central bank offiical endorses a patient approach on rate hikes, particularly considering "crosscurrents" that are b... Read more
Yelp Downgraded By Citi After Disappointing 2019 Forecast
AMERICA - Published date: .
Citi Research downgraded its rating on Yelp shares to neutral from buy, saying the company's recent 2019 earnings foreca... Read more
Morgan Stanley: An Electric Pickup From Tesla Or Rivian Is A 'serious Problem' For Detroit
AMERICA - Published date: .
The highly profitable pickup truck market is the next to be revolutionized by electric vehicles, Morgan Stanley says. Read more