Economy
Based On What People Are Searching For On Google, A Recession Is Nowhere Near
AMERICA - Published date: .
Search volumes for terms that were leading indicators of the Great Recession are down significantly. Read more
Mortgage Demand Falls Again, Despite Lower Interest Rates
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After rising the previous week, interest rates fell back again last week, but consumers were not enthused. Read more
US Existing Home Sales Fell 1.7% In June, Vs 0.2% Drop Expected
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U.S home sales fell more than expected in June as a persistent shortage of properties pushed prices to a record high. Read more
Morgan Stanley Sees 'credible Bear Case' For A US Recession
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Trade tensions that could lead to layoffs and a pullback from consumers are at the center of the recession case. Read more
Cramer: Trump Is 'hungry For Tariffs' And Trade Talks Are One Tweet Away From 'blowing Up'
AMERICA - Published date: .
"Most of the industrial companies that I talk to are ready for the next big increase," Jim Cramer says of tariffs. Read more
Elizabeth Warren Says The 'warning Lights Are Flashing' For The Next Economic Crash
AMERICA - Published date: .
"Whether it's this year or next year, the odds of another economic downturn are high — and growing," Warren says. Read more
US Industrial Production Was Unchanged In June
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U.S. industrial production was flat in June, as a slump in utilities was offset by gains in output by factories and mini... Read more
US Import Prices Post The Biggest Drop In 6 Months
AMERICA - Published date: .
U.S. import prices fell by the most in six months in June, pulled down by declines in the costs of petroleum and other g... Read more
More Middle-class Families Say The 'American Dream' Is Out Of Reach: Study
AMERICA - Published date: .
More middle-class families now say the American dream is out of reach. Read more
US Retail Sales Beat Expectations In June
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U.S. retail sales increased more than expected in June, pointing to strong consumer spending. Read more
NY Fed 'Empire State' Factory Index Posts Biggest Gain In More Than 2 Years
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The New York Federal Reserve said its gauge of manufacturing growth in New York state returned to positive territory, su... Read more
Treasury May Run Out Of Cash In Early September, Urges Congress To Raise Debt Ceiling Before Recess
AMERICA - Published date: .
The Treasury Department said it could run out of cash in two months, asking Congress to increase the debt ceiling before... Read more
US Producer Prices Rose Slightly In June, While The Cost Of Goods Declined
AMERICA - Published date: .
U.S. producer prices rose slightly in June as the cost of energy and other goods fell for a second straight month. Read more
Peter Navarro Says Don't Believe China Or US Press, Calls Wall Street Journal Stories 'garbage'
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White House trade advisor Peter Navarro said media reports on the U.S.-China trade talks are not reliable. Read more
US Core Inflation Posts Biggest Gain In Nearly 1 1/2 Years
AMERICA - Published date: .
U.S. underlying consumer prices increased amid solid gains in the costs of a range of goods and services. Read more
US Weekly Jobless Claims Fall To 3-month Low
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First-time claims for state unemployment benefits were expected to total 223,000 in the most recent week, up marginally ... Read more
Strong Job Growth Is Back: Payrolls Jump In June Well Above Expectations
AMERICA - Published date: .
Payroll growth rebounded sharply in June as the U.S. economy added 224,000 jobs and the unemployment rate rose to 3.7%. Read more
Trump's Latest Fed Moves Are Another Step In Trying To Take Control Of Interest Rates
AMERICA - Published date: .
The president said he plans on sending the names of Christopher Waller and Judy Shelton to the Senate as Fed governor ap... Read more
US Trade Deficit Widens To A 5-month High Of $55.5 Billion In May
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The U.S. trade deficit rose to a five-month high in May as the politically sensitive imbalances with China and Mexico wi... Read more
US Weekly Jobless Claims Fall More Than Expected
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The unemployment data pointed to sustained labor market strength that should help support a slowing economy. Read more
