Sections
Economy
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1.4KCar Loan Delinquencies Flash Warning Signs On Credit?
Might the latest data on car loans – to be specific, delinquencies on those car loans – offer flashing warning signs on...
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1.1KInflation Creeps … Right Into The Shopping Basket?
A few months back, Morgan Stanley published a report stating that inflation – which had been dormant for years in the wake of...
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4.7KCommerce Dept. To Report 4Q GDP Results On Feb. 28
The U.S. Commerce Department’s Bureau of Economic Analysis (BEA) will publish its advance fourth-quarter gross domestic product (GDP) report at the end...
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2.7KGov’t Shutdown Costs Creep To $11B
A new report says that the government shutdown has cost the country about $11 billion in gross domestic product — and will...
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2.3KGov’t Shutdown May Have Cost The US $6B
The partial shutdown of the U.S. federal government – which lasted 35 days, the longest in modern history – cost the U.S....
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2.4KInflation to Keep on Truckin’ With Walmart’s Long Haul Plans?
Inflation may keep on truckin’ — literally. As has been reported across any number of media outlets on Friday (Jan. 25), Walmart...
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2.2KStudy: Automation Will Hurt Manufacturing-Heavy Midwest
Manufacturing-heavy states in the Midwest will be hit hardest by the rise of artificial intelligence (AI) and automation for lower-skilled jobs, according...
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1.7KCommerce Secretary: Furloughed Workers Should Take Out Loans
The U.S. Commerce Secretary Wilbur Ross told CNBC in an interview on Thursday (Jan. 24) that furloughed federal employees should take out...
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2.5KAs Economies Slow And Global Debt Grows, Red Lights Flash
The economic slowdown that has been flagged this week by the International Monetary Fund (IMF) is one that may be sparked in...
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2.0KNY Fed President: Gov’t Shutdown Could Hinder Economic Growth
While the Fed has hinted that it has been adjusting its U.S. economic outlook due to turmoil in the markets as well...
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1.9KConsumer Confidence Falls Short Of Expectations
Amid losses in the stock market as well as the government shutdown, consumer confidence has reached its lowest point in more than...
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3.7KStock Market Rout Could Hit Wealthy Households In 2019
With the stock market selling off in recent weeks, Goldman Sachs is warning that wealthy households will feel some of the pain....
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4.0KExperian: Loan Default Rates Rose In Dec
S&P Dow Jones Indices and Experian released data through December of 2018 on Tuesday (Jan. 15) that showed default rates across all loan...
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2.0KOECD Sees Continued Decline In Global Economy
The Organization for Economic Cooperation and Development (OECD), a consortium of 34 nations worldwide, has warned that the U.S. and other large economies...
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2.8KFed: Extended Shutdown Could Be Bad For Economy
Federal Reserve Chairman Jay Powell said that an extended government shutdown could be damaging to the U.S. economy, according to a report...
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2.1KUS Banking Industry Had No Failures In 2018
U.S. banks had something to cheer about in 2018: Not one bank went under, putting a spotlight on the strength of the...
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2.8KFrom Earnings Crunch To Credit Crunch?
By any reckoning, there may be a reckoning coming for stocks. The December no one wants to remember is in the rearview mirror,...
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3.0KNon-Farm Payrolls Rose By 312K In Dec
Even amid declines in the financial markets, employers in the United States brought more jobs into the economy in December at the...
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5.6KAmericans Aren’t Struggling Despite Rising Consumer Debt
Consumer debt is at a record level — but in terms of handling it, there are no signs that Americans are struggling,...
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3.2KUS-China Trade War Costs Billions For Both Sides
The trade war between the United States and China has ended up costing billions of dollars for both sides during 2018, with...
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4.9K2018: The Year Of The Confident Consumer
What a difference a decade makes. Ten years ago, consumer confidence had slipped to an all-time low, and consumer spending followed it...
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2.0KConsumer Confidence Plunges
American consumer confidence faltered in the month of December to the lowest level its been since July, and by the most in...
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3.1K
EU Central Bank Warns Of 2019 Global Slowdown
The European Central Bank warned Thursday (Dec. 27) that the economy on a global basis is headed for a slowdown next year....
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1.8KConsumer Spending In UK Falls In November Despite Black Friday
Consumer spending in the U.K. last month took its largest fall since July as worries about Brexit weighed on consumer confidence. According...
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2.5KEx-Fed Chief Yellen: Deregulation Risks ‘Gigantic Holes’ In Financial Systems
Can it happen again? A decade on, with the financial crisis in the rearview mirror, Janet Yellen, former chair of the Federal...
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3.9KCiti: Facebook, Google Hiring Decline Signals Job Growth Peak
Facebook and Alphabet, the two tech heavy hitters, have been curbing hiring, which Citi analyst Mark May said could signal a peak...
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3.6KReport: Americans Anxious About Bills; Almost Half Pay Late
Six out of every 10 Americans are anxious about their bills, and almost half (46 percent) pay them late, according to a...
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3.1KDurable Goods Order Decline Steepest In 15 Months
Orders for durable goods in the U.S. declined the most in 15 months in October as demand for transportation equipment suffered a...
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5.7KForty-Six Percent Of Americans Live Paycheck To Paycheck
When it comes to the economy here in the U.S., the big picture – call it the “top down” view – looks...
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3.6KConsumers Spend, Businesses Don’t Seem To Be
The tax cuts signed into law by President Donald Trump late last year were expected to spur a spending boost on the...
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2.2KUK, European Union Make Progress On Deal Talks
The U.K. and the European Union are reportedly making progress on a deal that would give London access to the EU markets...
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1.9KBanks Paint Different Portraits On Debt, Economic Boom’s Longevity
Call it a tale of two consumers — or perhaps a bifurcation of credit outlooks. News came this week that at least...
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5.0KP&G, Unilever Raise Prices Due To Inflation
Some of the world’s largest consumer goods makers are gearing up to increase prices in an effort to contend with increasing costs...
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3.8KGDP Continues Growth Trajectory On Consumer Spending
Data from the Commerce Department Friday (October 26) show an initial reading of GDP growth for the third quarter at 3.5 percent...
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2.6KTech Stocks, Quickly Falling From Investors’ Favor?
At this writing at least, it ain’t over yet – the selling, that is. Though stocks pared their losses intraday in selling...
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2.7KRate Hikes Hint At Credit-Card Debt Trap
Now, it seems, interest rates have garnered some, well, interest. It has been barely a week since the Federal Reserve boosted interest...
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2.5KBehind Stock Selloff And Yield Rise, Hints At Consumer Impact?
Stock gains – they yield for yield gains. Might consumer spending yield amid those gains, too? The selloff seen Thursday in stocks...
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2.3KADP: September Job Growth Highest In Seven Months
The pace of job growth quickened in September, to a level not seen in seven months, according to data released Wednesday by...
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2.8KConsumer Confidence Hits An 18-Year High
With a strong labor market and expectations for more growth in the economy, consumer confidence in the U.S. reached an 18-year high...
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4.0KChina Tariffs Add To Retailer Holiday Worries
It’s beginning to look a lot like Christmas (well, if you squint and aim your gaze past the Halloween decorations). And from...
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3.1KAmid A Strong Economy, Union Leaders Emboldened To Strike
Thanks to the strong economy and tight labor market, workers are emboldened to ask for more compensation and to resort to striking...
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1.9KUS Household Wealth Sets Record High
Thanks to rising home values and stock market prices, household net worth in the U.S. rose during the second quarter. According to...
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2.3KRetailers Hope Tariffs Don’t Ruin The Holidays
Retailers are racing against the impact of tariffs for the holiday shopping season. That’s the view of The Wall Street Journal, which...
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5.4KWhen Economies Sour, The Hedgers Stand Tall
Silver linings. Blessings in disguise. Opportunities are knocking. Pick a favorite cliché — it’s OK — and feel free to apply it to...
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2.8KHurricane Florence’s Retail Punch
Henry Wadsworth Longfellow once wrote, “into every life, a little rain must fall,” a piece of poetry that will become a reality...
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5.7KJPMorgan Predicts Next Financial Crisis In 2020
Citing an analysis by JPMorgan Chase, Bloomberg reported the Wall Street bank doesn’t think the next financial crisis will be as painful as...
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2.3KCensus Bureau Reports Middle Class Income Gain; Can Retail And Payments Keep Up?
The U.S. middle class is making income gains and earning more than ever, but much of the commerce designed to appeal to...
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2.8KJob Growth Decelerates In August, Says ADP And Moody’s Analytics
Are the waves of job growth in the United States slowing to a trickle? Thursday morning (Sept. 6), Moody’s Analytics and ADP...
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1.8KUS Economy Grows In Q2; GDP Up 4.2 Percent
U.S. economic growth in the second quarter had its strongest performance in nearly four years, but there are signs that momentum is...
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2.9KEconomy Strong, Yet Americans Struggle To Cover Basic Expenses
The economy is strong, as evidenced by some headline numbers. Unemployment is at multi-year lows, GDP growth continues apace and the stock...
