24/7 Wall St. Wire
24/7 Wall St. Wire Articles
ThinkstockThis Friday’s unemployment and nonfarm payrolls report has the foundation for another strong jobs number. Two preliminary readings are giving a boost to the hopes here: ADP and TrimTabs....
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Ed Brown, via Wikimedia CommonsThe U.S. Labor Department is out with another weekly jobless claims reading. Weekly claims rose by 24,000 to 329,000 in the past week, and the prior week’s reading...
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ThinkstockWere prior reports on durable goods kept lower due to weather? It seems so. The March durable goods report from the Department of Commerce came in at a headline reading of 2.6%. Bloomberg...
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ThinkstockThe Conference Board’s Leading Economic Index increased in March, its third consecutive gain. More importantly, the Conference Board suggests this hints at accelerated growth likely into...
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Jon OggThe Chicago Fed National Activity Index (CFNAI) is out for the month of March, and this is often used as one of the first super-regional economic readings. It is used to track economic...
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ThinkstockThe Federal Reserve Bank of Philadelphia’s Business Outlook Survey jumped from a reading of 9.0 in March to 16.6 in April. That was the strongest reading since last September, and it beat...
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The U.S. Labor Department has released its tally on weekly jobless claims, and the figure rose by 2,000 to 304,000. The prior week’s reading was revised higher to 302,000 from 300,000. Dow Jones...
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courtesy of the Federal ReserveFederal Reserve Chair Janet Yellen spoke at the Economic Club of New York on Wednesday, April 16, regarding monetary policy and the economic recovery. The initial...
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ThinkstockJanet Yellen is still getting her feet wet as chairman of the Federal Reserve. A speech on Tuesday morning may only act to create more confusion from the banks. At least that will be the...
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ThinkstockThe Consumer Price Index (CPI) in the month of March did not follow the exact same gains as last week’s Producer Price Index. That generally takes two months or even more before producers...
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ThinkstockIf the Federal Reserve ever wanted to see some inflation — as they keep claiming (careful what you wish for) — the Labor Department just gave a first piece of candy to a child. The...
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Jon OggThe U.S. Treasury may have had a successful 30-year Treasury Bond auction, but the Treasury budget deficit is alive and well. That means more deficits ahead. The Treasury’s budget deficit...
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ThinkstockThe U.S. Treasury has just sold its 3.625% 30-year Treasury bonds, or the so-called long bond, at a yield of 3.525%. The recent unsettling of the stock market recovery might have aided this...
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ThinkstockThe Labor Department showed that weekly claims were down by a whopping 32,000 to 300,000 in the week ending April 5. Bloomberg had the estimate at 318,000, and the report was even better...
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ThinkstockCharles Evans, President and CEO of the Federal Reserve Bank of Chicago, was speaking on Wednesday afternoon regarding the Fed’s monetary goals and strategy. Evans has been a known backer...
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