24/7 Wall St. Wire
24/7 Wall St. Wire Articles
Thinkstock ISM has reportedly been an error and the numbers are being updated to show more growth rather than lower growth. There were apparently seasonal adjustment errors from ISM. Original article...
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ThinkstockChicago Purchasing Managers Index (PMI) is showing a much stronger read than anticipated for the month of May. After weak readings in income and spending, this at least leans a bit more...
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ThinkstockPersonal income and spending data do not exactly give the brightest picture for the month of April. Friday’s report from the U.S. Department of Commerce showed that personal income rose...
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ThinkstockThe U.S. Labor Department has some good news, particularly in light of the Commerce Department revising first-quarter GDP to -1.0%. Weekly jobless claims fell by 27,000, down to 300,000, in...
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Courtesy EADS/AirbusDurable goods is generally considered to be one of the most volatile economic reports issued each month. The Commerce Department also showed that durable goods was very strong on...
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The most recent weekly jobless claims have been released by the U.S. Labor Department, and they show a big jump in the wrong direction. Jobless claims rose by a sharp 28,000 to 326,000 in the past...
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ThinkstockTuesday marked an interesting day, with two more Fed presidents talking up Federal Reserve rate hikes coming sooner than expected. While William Dudley, President of the New York Federal...
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squirrel83, via Wikimedia CommonsIf you have been reading 24/7 Wall St., you have been warned about the possibility that the Federal Reserve could actually begin hiking interest rates and tightening...
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ThinkstockCharles Plosser, President and Chief Executive Officer of the Federal Reserve Bank of Philadelphia, was speaking on Tuesday regarding his economic outlook and housing in front of the Women...
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ThinkstockJames Bullard, President of the St. Louis Federal Reserve, may have inadvertently caused a small stir in the markets on Friday. After Janet Yellen has been speaking about exceptionally low...
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ThinkstockThe Federal Reserve releases its balance sheet details each week. These are no longer moving the credit markets as the perception is that the end of quantitative easing has started via the...
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ThinkstockThe market has a nearly live reading on consumer sentiment and confidence. The Reuters/University of Michigan reading on consumer sentiment is out. This is a preliminary reading for the...
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Ed Brown, via Wikimedia CommonsThe U.S. Labor Department is out with yet another weekly jobless claims report, but this one was a much better-than-expected surprise. Weekly claims plummeted by 24,000...
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ThinkstockThe U.S. Labor Department released its consumer inflation report on Thursday morning. The Consumer Price Index (CPI) is the key measurement of inflation at the retail level, and it is...
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ThinkstockThe Producer Price Index (PPI) measures wholesale inflation, and the April readings are mostly in line with those from March. The headline PPI for final demand was up 0.6% in April, above...
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