Economy

Economy Articles

The traditional notion that a couple who have been together for a long time should get married has broken down.
A weakening global economy has elevated the risk to sovereign creditworthiness according to a new report from Moody's.
Now that markets have hit new highs and now that longer-term interest rates have risen again, we are getting a first look at consumer sentiment for the month of November.
News of the trade negotiations between the United States and China going well begs the question of whether U.S. interest rates have anywhere to go but back up.
Retail analysts at eMarketer expect 2019 holiday season spending to top $1 trillion for the first time ever.
Consumer sentiment improved last week according to the latest report from Morning Consult. That's good news for the economy heading into the holiday shopping season.
Despite some economic warning signs, Christmas spending is expected to reach an all-time high this year, a sign that the consumer will continue to bolster the American economy through the end of the...
A new study from the Federal Reserve Bank of Richmond looks at how high-skill occupations are distributed around the U.S. and concludes that centralization in a few key cities may be the most...
Hong Kong, one of the business capitals of the world, is in recession, according to its Census and Statistics Department. Hong Kong’s economy, if measured independently from China, which controls...
Wednesday’s announcement by the Federal Reserve’s Open Market Committee (FOMC) of a quarter-point cut in its policy rate was expected. According to the CME FedWatch Tool there was a 99%...
While Wednesday was supposed to be a day about a Federal Reserve rate cut by the Federal Open Market Committee, it was also the day that brought the first look at third-quarter gross domestic product.
From the Council on Contemporary Families     1. Even after accounting for receipt of public benefits and programs for low-income families, 13% of U.S. children—9.7 million—are  living in...