Economy
Economic Preview: Time To Panic On Economy? No, But Ongoing Trade Wars Give A Taste Of Unpleasant Future
Markets - Published date: .
The economy looked like it was perking up a few months ago, but now gray clouds are moving in. Is it time to panic? ... Read more
Jobs Creation Slows Dramatically With Payrolls Up Just 75,000 In May, Much Worse Than Expected
AMERICA - Published date: .
Along with the big miss on the main number, wage gains were also lower than expected. The March and April jobs figures w... Read more
Economists: The Fed 'isn't Enough' To Offset Damage Of Tariff Skirmishes With China And Mexico
AMERICA - Published date: .
"It would take a dramatic easing of monetary policy for them to fully offset these kinds of effects," one economist said... Read more
The May Jobs Report Is Coming And Economic Reports Don't Get Much More Important Than This One
AMERICA - Published date: .
The economy was expected to add a solid 180,000 jobs in May, but if the payroll number is way off, that could be a game ... Read more
Job Growth Screeches To A Near Halt In May, With Private Payrolls Up Just 27,000
AMERICA - Published date: .
Companies added just 27,000 new positions during the month, well below Dow Jones estimates of 173,000. Read more
The Fed Is 'indicating That A Rate Cut Is Coming,' Says Former Central Banker
AMERICA - Published date: .
Former Fed governor Sarah Bloom Raskin said Chairman Powell's recent speech signals the central bank's willingness to co... Read more
Investors Want A Fed Rate Cut Before Economy Turns: 'Risk Becomes Greater The Longer You Wait'
AMERICA - Published date: .
Financial markets — not to mention the White House — are demanding a cut, and it's likely to get at least one before... Read more
Fed's Evans: The Market Is Seeing Something 'that I Haven't Seen Yet'
AMERICA - Published date: .
At a time when markets are anticipating at least two interest rate cuts before the end of 2019, Evans did not commit to ... Read more
What Happened To Being The Best Little Country To Do Business?
FinTech - Published date: .
There can be few owner-managers of businesses across Ireland who didn’t grit their teeth at the recent hoopla surroun... Read more
St Louis Fed President: Rate Cut May Happen Soon
Markets - Published date: .
The interest rate cut bond markets have been betting on from the US Federal Reserve could be "warranted soon", accordin... Read more
US Inflation Picks Up In April As Spending Slows
AMERICA - Published date: .
U.S. consumer prices increased in April, which could allow the Federal Reserve to keep interest rates unchanged for a wh... Read more
Surprise Mexican Tariffs Hurt China Trade Talks: 'How Can You Trust Trump To Honor A Deal?'
AMERICA - Published date: .
Trump's surprise vow to slap new tariffs on Mexican goods undermines the chance of a trade resolution with China. Read more
Shares Of US Automakers Plunge Because They Have Major Production In Mexico
AMERICA - Published date: .
The largest U.S. automaker stocks drop after President Trump threatened to put a 5% tariff on Mexican imports. Read more
US Weekly Jobless Claims Increase Slightly
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 215,000 in the most recent week, following the ... Read more
First-quarter Economic Growth Up 3.1%, Slightly Better Than Wall Street Expected
AMERICA - Published date: .
The second reading on first-quarter gross domestic product had been expected to ease to 3% from the 3.2% preliminary rea... Read more
The Market Now Thinks The Fed Will Cut Rates Twice By Late January
AMERICA - Published date: .
Futures trading indicated a 63% chance of a September cut and a 62% probability of another easing in January, according ... Read more
The Next Downturn Could See A 'radicalization' Of The Policies Used During The Financial Crisis
AMERICA - Published date: .
Policymakers pulled out all the stops to fix the financial crisis, but may even have to get more extreme when the next d... Read more
Increasing Tariffs On China Will Likely Hurt US Growth, Says Nomura
AMERICA - Published date: .
U.S. President Donald Trump claims that tariffs have meant China is paying billions of dollars. Economists say that isn'... Read more
US Core Capital Goods Orders Tumble; Shipments Are Flat
AMERICA - Published date: .
New orders for U.S.-made capital goods fell more than expected in April, further evidence that manufacturing and the bro... Read more
US Weekly Jobless Claims Unexpectedly Fall
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 215,000 for the most recent week, up slightly f... Read more
