Economic News
U.S. Manufacturing Expands at Fastest Rate since April 2011
The Institute for Supply Management (ISM) reports that, contrary to economists’ expectations, national factory activity hit its highest...
No Jobs Report due to Feds not Working
The Bureau of Labor Statistics (BLS) issued a notice that they will not be issuing the non-farm payrolls...
Government Shutdown Will Slow Economic Growth Significantly
Moody’s estimates 3 percent economic growth for the United States.in the fourth quarter of 2013… That is, if...
Euro-zone Optimism Running at Two-Year High
If you’re an investor who has been waiting for the tables to turn in Europe, now may be...
Good Jobs Numbers Raise Stocks
Data showing an unexpected decline in jobless claims outweighed concern about a possible government shutdown, propelling stocks to...
Gold Falls on Jobs Data
Gold fell today, as data showing that a decline in jobless claims led investors to worry about the...
Wal-Mart Cuts Orders 10 Percent Through Year’s End
Consumers have been spending less freely at Wal-mart this quarter than predicted and the global retail giant sees...
Demand for U.S. Capital Goods Climbs as Investment Recovers
Orders for U.S. equipment, such as computers and machinery, climbed in August to show that business spending is...
Walmart and Kohl’s Announce Seasonal Worker Plans
Both Walmart and Kohl’s plan to hire more seasonal workers than they hired last year, according to a...
Debt Will Rise with Population’s Age, Predicts CBO
The Congressional Budget Office (CBO) released forecasts today that project publicly held debt will reach 100% of Gross...