Econ #s Archives - Page 39 of 61

2 minute read

IMF Anticipates ‘Persistent Inflation Problem’ For US, Interest Rates To Stay At 5.5% Until 2024

May 26, 4:21 PM

The International Monetary Fund says the U.S. economy won't escape the challenge of persistent inflation if the job market does not soften and monetary policy does not stay tight for an extended period of time. On Friday, the U.S.

GOVT

2 minute read

Manufacturing Crashes Further While Services Boom: What You Need To Know About Latest US PMI Data

By Piero Cingari

May 23, 10:49 AM

The latest Purchasing Managers' Index (PMI) survey from S&P Global showed Tuesday that business activity in the United States reached its highest level in 13 months in May, rising to 54.5 and indicating expansion, although the gap between manufacturing and services continues to widen.

QQQ

2 minute read

Powell Says Credit Crunch Could Mitigate Need For Higher Rate, Bernanke Emphasizes ‘It’s Different Than 2008’

By Piero Cingari

May 19, 12:41 PM

Current Fed Chair Jerome Powell and former Fed Chair Ben Bernanke both appeared at the Thomas Laubach Research Conference on Friday, offering monetary policy remarks.

GOVT

1 minute read

Weekly Jobless Claims Decline, Signaling Steady Labor Market Conditions

By Piero Cingari

May 18, 8:44 AM

The number of Americans registering for unemployment benefits in the week ending May 13 declined by 22,000 to 242,000, below the expected 254,000, the U.S. Labor Department reported Thursday.

SPY

1 minute read

Analyzing US Retail Sales: Slowing Consumer Demand or Recessionary Pressure at Bay? Top Economists Weigh In

By Lekha Gupta

May 16, 11:37 AM

Most economists are disappointed with April U.S. retail sales as consumer spending shows signs of weakness.

GLD

2 minute read

Homebuilder Confidence On The Rise As Housing Market Index Beats Expectations In May

By AJ Fabino

May 16, 11:35 AM

In the midst of a stretched housing market, the U.S. NAHB/Wells Fargo Housing Market Index (HMI) saw a…

KBH

2 minute read

Retail Sales Rebound 0.4% In April; Investors Widely Expect Fed Pause In June

By Piero Cingari

May 16, 8:50 AM

Retail sales increased 0.4% in April on a month-over-month basis, according to the the advance estimates released Tuesday, rebounding from a revised 0.7% decline recorded in March but falling short of the expected 0.8% increase. US April Retail Sales: Key Takeaways

GDL

2 minute read

Paul Krugman’s Debt Ceiling Fix: Trillion-Dollar Coin Or Premium Bond Strategy

By Piero Cingari

May 4, 3:59 PM

Nobel Prize-winning economist Paul Krugman claimed that issuing premium bonds or minting a $1 trillion platinum coin will break the impasse in raising the U.S.

GOVT

2 minute read

Friday’s Jobs Number Could All But Guarantee That The Federal Reserve Takes Its Foot Off The Gas On Inflation

By Adam Eckert

May 4, 2:32 PM

Key jobs data is due Friday, and recent numbers suggest the labor market remains tight. Here's a look at what you need to know ahead of Friday's print.

KRE

1 minute read

Weekly Jobless Claims Rise Slightly More Than Expected: What You Need To Know

By Piero Cingari

May 4, 8:54 AM

The number of Americans registering for unemployment benefits rose by 13,000 to 242,000 in the week ending April 29, the U.S. Labor Department reported Thursday. The outcome was slightly above market estimates of 240,000.

SPY