24/7 Wall St. Wire

24/7 Wall St. Wire Articles

ThinkstockBusiness inventories rose by 0.6% in the month of April. While this report from the Department of Commerce is reported with a one month lag, inventories are an indication that businesses...
ThinkstockAre we supposed to be worrying about inflationary pressures or deflationary pressure in the months ahead? That answer is one in which beauty is in the eye of the beholder. Import and export...
ThinkstockRetail sales in May rose by only 0.3% on the headline data, short of the Dow Jones target of 0.7% and short of the Bloomberg target of 0.6%. The number was put at $437.65 billion, and this...
The U.S. Labor Department is out with yet another weekly jobless claims report. Claims rose by 4,000 to 317,000 in the past week. Dow Jones was calling for 310,000, and Bloomberg was calling for...
ThinkstockTuesday’s economic readings are not exactly market moving numbers because they both cover April data. This was the wholesale trade data and the Labor Department’s JOLTS report. Still,...
ThinkstockJames Bullard, President of St. Louis Federal Reserve Bank, spoke on Monday in front of a group at the Tennessee Bankers Association Annual Meeting. The speech was titled “How Far Is the...
ThinkstockThe Conference Board has released its Employment Trends Index (ETI) for the month of May, and it confirms what TrimTabs and the Labor Department showed for May last week. That is strength...
Ed Brown, via Wikimedia CommonsThe U.S. Labor Department issued its Employment Situation Report for the month of May on Friday morning. Frankly, it is making the ADP report look a bit silly. Still,...
The U.S. Labor Department has released its final set of data prior to Friday’s key unemployment rate and payrolls figures. Unfortunately, it is a bit weak. Weekly jobless claims rose by 8,000 in...
ThinkstockThe European Central Bank (ECB) has now done something most of have never seen before. It has adopted its own quantitative easing method by adopting at least a partial negative rate...
ThinkstockThe Federal Reserve has issued its latest Beige Book, summarizing the comments received from businesses and other contacts outside the Federal Reserve. While investors flock to this as Fed...
ThinkstockThe ISM Non-Manufacturing Index rose to 56.3 in May from 55.2 in April. The gain might not look like that much, but investors and economic watchers need to consider that this was actually...
ThinkstockEvery month traders await the new payrolls and unemployment report from the U.S. Labor Department. This is generally the most widely anticipated number of all economic reports. So,...
ThinkstockThe so-called U.S. trade balance, what the rest of us have referred to for years as the trade deficit, came in at a much worse reading than expected for the month of April: -$47.2 billion....
ThinkstockADP’s report on private sector payroll growth in May may have just dashed some of the expectations for Friday’s key unemployment and payrolls report. ADP reported that private sector...