Two new reports point to underlying strength in the U.S. economy, despite signs that growth slowed in the first quarter, Reuters reported on Tuesday (April 24). The Conference Board said consumer confidence rose 1.7 points in April to 128.7 for the month. Short-term expectations also...
Investors cheered the jobs report Friday, sending the Dow Jones Industrial Average up more than 250 points intraday and the tech-heavy NASDAQ to a new high. As reported by CNBC.com, the NASDAQ gained more than 1 percent on the day to ease losses seen over the...
Thanks in part to surging stocks and increasing property values, the wealth of people living in the U.S. increased in the fourth quarter of 2017. According to a report in The Wall Street Journal citing Federal Reserve data, household net worth rose more than $2 trillion in...
It’s not a four-letter word, but a nine-letter word and it has a bit of shock effect anyway — particularly for investments: inflation. All eyes are currently on inflation in the U.S., which has been long-dormant, benign and perhaps even forgotten about as a factor in the markets....
Ten years after the world was embroiled in a widespread economic crisis, every one of the world’s major economies are growing at the same time. According to a report in CNBC, the growing economies around the world are creating more jobs and improving the fortunes...
The U.S. labor market slowed a bit more than economists expected in December, with a noted slip in retail employment. Reuters reported that payrolls were up by 148,000 positions, a significant slowdown from the 252,000 gain seen in the previous month. That missed estimates of...
The latest jobs report from the Labor Department shows that 228,000 jobs were added in the United States in November, beating the roughly 195,000 positions expected by economists. The unemployment rate was unchanged at 4.1 percent, as measured month over month. And, according to news...
Through ill winds — literally — the U.S. economy managed to grow significantly in the third quarter, as measured by gross domestic product (GDP). According to news from The Wall Street Journal and via data by the Commerce Department, GDP was up 3 percent on an annual basis...
The pace of job growth in the United States slowed a bit in August, decelerating from a prior two months’ worth of heady gains. But as Reuters reported, even with the slowdown, the Federal Reserve still is likely on track to start winding down the...
