Economy

Economy Articles

The price of gasoline has surged across the United States in the wake of Hurricane Harvey. But are the biggest increases in the price of gas are behind us?
Hurricane Irma is a Cape Verde-type hurricane, and those kinds of storms have a reputation for being among the most destructive tempests.
The path back to normal operations following tropical storm Harvey is neither straight nor smooth. Floodwater continues to be a problem in some places, while others are getting operations restarted.
The impact of robots and automation across the U.S. economy varies widely by city, state and region. Where robot use is heaviest it can account for a non-trivial number of workers.
North Korea has conducted its first nuclear test in a year and claims that the underground blast was a hydrogen bomb. If true, that would mark a big step forward in the country's development of...
Consumer spending rose by 0.4% month over month in July and inflation has remained well below 2% for the third consecutive month.
The American economy seems impossible to derail. However, two factors, completely unrelated, could ruin current progress.
Stronger-than-expected second-quarter GDP growth got its biggest boost from consumer spending and its biggest anchor from residential fixed investments (home buyers).
Damage in the Houston area from tropical storm Harvey could rise as high as $160 billion, according to an estimate from Accuweather.
Overall, consumer confidence continued to improve in August, though there were mixed readings in the latest report.
The Dallas Fed released its monthly report on the Texas manufacturing outlook. In general the survey indicates a sunnier outlook, with large gains in two categories that could signal rising inflation.
In Houston and other Texas cities hit hard by tropical storm Harvey, more than 60% of properties could be flooded as the storm dumps more rain on the saturated region.
Houston, flooded by Hurricane Harvey, is the fourth largest city in the United States by population, and it also is a huge city, geographically.
Living paycheck to paycheck is more common than you might think. Here are some tips that could help get you out of that rut.
Federal Reserve Chair Janet Yellen defended the financial reforms put in place following the financial crisis, but kept quiet on interest rates and reducing the Fed's borrowing. Markets reacted...