Economy

Economy Articles

China's official PMI reading for August showed contraction for the fourth month in a row. The trade war with the United States has started to bite hard, without question.
A look at the areas most likely to be in the hurricane Dorian's path shows that about 668,0000 homes are at risk of damage. That could cost as much as $144 billion to repair.
Americans are particularly pleased with the education systems and opportunities that the country offers. That figure reached a 15-year high this year.
Pets make up an incredibly important part of many consumers’ lives. In fact, many pet owners spend a substantial amount of money on their “fur babies” reflecting this.
Just because the entire country has low unemployment, high consumer confidence and rising gross domestic product does not mean certain states are not already suffering downturns in their economies.
Is Joe Biden tied with Elizabeth Warren and Bernie Sanders for the lead in the race to be the Democratic presidential nominee? Or is Biden way ahead?
Each month's report on durable goods orders can be very volatile due to the nature of the big-ticket items. Durable goods in any given month can look stellar in a crummy economy or they can look...
Federal Reserve Chair Jerome Powell spoke in Jackson Hole, Wyoming, on Friday at the Challenges for Monetary Policy annual symposium.
As most of the news about climate change now involves the spikes in world temperatures, there are still places where it is not unusual for the readings to be −50°F, or even much below that.
Research firm Markit has posted its monthly PMI for the eurozone. A slowing world economy was reflected in the numbers.
If the Federal Reserve’s Federal Open Market Committee decision on interest rates at the end of July wasn’t strong enough, there is another chance to evaluate the same data from that time all...
The Congressional Budget Office is projecting a 10-year budget deficit of $11.4 trillion through the end of 2029. The first $1 trillion annual deficit is forecast to come next year.
Explaining negative interest rates is arcane, almost as if it were medieval times and peasants were so desperate to protect their few coins they own from brigands and warlords that they were willing...
New Cherokee Nation chief Chuck Hoskin Jr. plans to seat a member of the Nation in the U.S. House of Representatives. The tribe's right to a congressional representative is specified in an 1835...
The National Association of Business Economists released the results of its August survey Monday. Recession concerns have been pushed further out, but worry over federal fiscal policy has diminished.