Economic News
Home Builders’ Confidence Holds Steady
The National Association of Home Builders’ (NAHB) monthly sentiment index remains positive but unchanged from August.
European Auto Sales Dip to 23-Year Low
According to the European Auto Manufacturers Association, passenger car sales in the European Union (EU) this year are...
The Graying of the World: Germans Export Grandma
While many investors acknowledge that the Baby Boomer generation’s creep towards retirement is taxing America’s elder care industry,...
Poor Data Eases Tapering Concerns, Boosts Stocks
Disappointing economic data released today led investors to believe that the Federal Reserve, in its meeting next week,...
U.S. August 2013 Retail Sales Missed Forecast; Barclays Cuts U.S. Q3 GDP Growth Forecast
U.S. retail sales for August missed economists' forecasts, even as demand for automobiles remained strong, indicating a major...
McDonald’s Fattens the World; The Rich Get Richer… at a 75% Discount; Chinese Data Boosts Emerging Markets to Three-Month High
Powered by stronger sales in Europe, McDonald’s posted an unexpected 1.9 percent increase in global sales.
Jobs Data, Syria Battle over Market; U.S. Oil Spurts to Two-Year High; Euro Beats Dollar on Reaction to Jobs Data
This morning's discouraging jobs data had investors expecting a longer delay before the Federal Reserve cuts its stimulus,...
Jobs Increase May Not Be Enough for Fed to Begin Tapering; 10-Year Treasury Notes Break Through 3%; Brent Crude Set for Longest Rising Streak in Months
This morning’s U.S. jobs report showed a slight drop in the unemployment rate to 7.3%, dipping slightly from...
Jobs Data Anticipation Boosts Stocks; Gold at Two-Week Low; Dollar Rises on European Central Bank Comments
Stocks rose today in advance of tomorrow's release of jobs data. As a result, benchmark indices achieved their...
Japanese Market to Lose 10%?; Mortgage Applications up at the End of August; LinkedIn’s Secondary Offering Seeking $1 Billion
Despite all of the positive notes struck by Japanese Prime Minister Shinzo Abe’s economic reforms, nearly two-thirds of...