Economy


Global Trade Slowed In The Q4, WTO Says; Auto Tariffs And Brexit Are 2019 Risks

AMERICA - Published date: .

World trade shrank by 0.3 percent in the fourth quarter of 2018 and is likely to grow by 2.6 percent this year, below a ... Read more

No Need For The Fed To Enter 'panic Mode' And Cut Rates Now, Says Moody's

AMERICA - Published date: .

Top White House economic advisor Larry Kudlow said last week the U.S. Federal Reserve should cut interest rates by 50 ba... Read more

Things Are Only Getting Tougher For Chair Jerome Powell And His 'all Over The Place' Fed

AMERICA - Published date: .

The central bank chief now faces a landscape full of mines that could detonate in any direction. Read more

Manufacturing Activity Rebounds In March, Construction Spending Hits 9-month High In February

AMERICA - Published date: .

U.S. manufacturing activity rebounded a bit more than expected in March, according to an industry report released on Mon... Read more

Weak February US Retail Sales Underscore Slowing Economy

AMERICA - Published date: .

US retail sales slumped amid declining spending on building materials, electronics, and groceries. Read more

Larry Kudlow: 'I Don't Think The Underlying Economy Is Slowing'

AMERICA - Published date: .

President Donald Trump's top economic advisor Larry Kudlow on Friday said he believes the "underlying" U.S. economy "loo... Read more

New Home Sales Rise To 11-month High In February

AMERICA - Published date: .

Sales of new U.S. single-family homes increased to an 11-month high in February and sales for January were revised highe... Read more

If A Recession Really Is Coming, Here's What Powell And Trump Can Do To Stop It

AMERICA - Published date: .

With a bond market signal pointing to a recession, policymakers have a choice: act now or hope that conditions change fo... Read more

Consumer Spending, Personal Income Data Show Economy Slowing Swiftly In The New Year

AMERICA - Published date: .

U.S. consumer spending rebounded less than expected in January and incomes rose modestly in February, suggesting the eco... Read more

Looking For Recession Signs? Follow The Jobs, Says Credit Suisse Economist

AMERICA - Published date: .

Investors trying to sniff out signs of the next recession should pay attention to an increase in broader unemployment, s... Read more

US Weekly Jobless Claims Unexpectedly Fall

AMERICA - Published date: .

The number of Americans filing applications for unemployment benefits unexpectedly fell last week, suggesting labor mark... Read more

Economic Growth Slowed In The Fourth Quarter, Leaving GDP Short Of Trump's Goal

AMERICA - Published date: .

In all, 2018 closed with a 2.9 percent increase, short of President Trump's hopes for 3 percent growth. Read more

US Efforts To Cut Trade Deficit Show Biggest Win In Almost A Year

AMERICA - Published date: .

The U.S. trade deficit dropped sharply to $51.15 billion as exports rebounded from a slowdown at the end of 2018. Read more

Likely Fed Nominee Stephen Moore Thinks Rates Should Be Cut By Half A Percentage Point

AMERICA - Published date: .

The Heritage Foundation fellow backed off on earlier criticism he had for the Fed and specifically its chairman, Jerome ... Read more

Optimism Dips, But Americans Still Feel Economy Is In Good Shape Under Trump: CNBC Survey

AMERICA - Published date: .

Half of all Americans believe the economy is in excellent or good shape, according to CNBC's All-America Economic Survey... Read more

US Consumer Confidence Weakens In March

AMERICA - Published date: .

American consumers were feeling less confident this month amid continued volatility in the financial markets. Read more

US Housing Starts Fall In February On Weak Single-family Homebuilding

AMERICA - Published date: .

U.S. homebuilding fell more than expected in February as construction of single-family homes dropped to more than a 1-1/... Read more

Trump Tariffs Costing US Consumers $1.4 Billion Per Month, Study Shows

AMERICA - Published date: .

The Federal Reserve Bank of New York, Princeton and Columbia find President Trump's tariffs are costing U.S. consumers b... Read more

Apples Streaming Push Is A Reminder Of What Irelands West Has Lost

FinTech - Published date: .

Last night (25 March) Apple revealed how it intends to take on the world of streaming entertainment and real-time video... Read more

Standard Chartered CEO Says A Recession Next Year 'looks Less Likely Today'

AMERICA - Published date: .

There may be signs of a possible recession, but Standard Chartered CEO Bill Winters says it doesn't look like a downturn... Read more