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ThinkstockThe Commerce Department’s reading on durable goods is one of the most volatile economic reports issued each month. Then there is the notion that weather in much of the Midwest and...
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Jon OggThe Conference Board has released its Consumer Confidence Index for February, and the news is not good. After increasing to 79.4 in January, the reading fell to 78.1 in February. Bloomberg was...
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Ed Brown, via Wikimedia CommonsThe Labor Department is out with two different reports on Thursday, both of which matter in the grand scheme of things. January inflation via the Consumer Price Index...
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Jon OggThe latest minutes from the FOMC’s January meeting are showing a broader support to cut the bond buying, or to continue on the tapering as we have been growing more accustomed to each month....
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ThinkstockJanuary’s Producer Price Index has been released, and the wholesale inflation report is looking a bit more heated than what was expected. This report may be skewed or harder to compare on...
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Jon OggThursday brought two economic reports. First was the weekly jobless claims, followed by January retail sales. Oddly enough, weather was not really cited for any weakness. Stocks were already...
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Jon OggThe U.S. Treasury released its Budget statement for January 2014 on Wednesday afternoon. The deficit of $10.4 billion was far narrower than the $30.8 billion deficit expected by Bloomberg. It...
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courtesy of the Federal ReserveTuesday will mark the first ever testimony to Congress by new Federal Reserve Chairman Janet Yellen. One of the first things Yellen will address is the important...
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courtesy of USPSIf the U.S. Postal Service was a stock, it might have the highest short interest of any on Wall Street. The good old USPS just keeps turning in losses, keeps having inverted liability...
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The verdict is in. Friday's release from the Department of Labor showed that nonfarm payrolls grew by 113,000. Bloomberg was calling for 181,000 and Dow Jones was calling for 189,000.
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Courtesy Maersk LineThe U.S. Census Bureau and the Bureau of Economic Analysis reported Thursday morning that the U.S. trade deficit for December 2013 totaled $38.7 billion, up from $34.6 billion in...
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ThinkstockWednesday’s ADP Private Sector Payrolls report showed a gain of 175,000 in January. Dow Jones was calling for 189,000 and Bloomberg was calling for 170,000. While there has to be some...
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The Institute for Supply Management (ISM) said Monday that its report on business in the manufacturing sector showed much weaker growth than expected, though it managed to expand for the eighth...
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ThinkstockThe U.S. Labor Department reported a surge in weekly jobless claims during the past week. Bloomberg had been calling for almost no change at 327,000, but the rate rose by 19,000 to 348,000....
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ThinkstockThe Commerce Department’s report on gross domestic product (GDP) has been released for the fourth quarter of 2013. The headline shows growth of 3.2%, which met the Dow Jones estimate of...
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