Economy

US Fed Hints Policy Shift as Economy Ready for Yet Another Rate Hike – Sputnik International
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Sputnik International US Fed Hints Policy Shift as Economy Ready for Yet Another Rate HikeSputnik InternationalThe US central bank under Jerome Powell is expected to introduce innovative and untested monetary policy measures to help President Trump reform the staggering US economy. Kristian Rouz – After President Trump picked Jerome Powell to chair the …and more »

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Yellen sounds upbeat on economy, signaling likely rate hike – CNBC
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CNBC Yellen sounds upbeat on economy, signaling likely rate hikeCNBCFed Chair Janet Yellen gives a bright outlook for the U.S. economy and inflation in the coming months. Her comments suggest the Fed will soon resume raising interest rates. Most economists expect a rate hike in December. Published 7 Hours Ago Updated 1 …Yellen Calls Inflation the […]

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Bonds Slide on Tax Plan, Economy; Golds Edges Down: Markets Wrap – Bloomberg
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Bloomberg Bonds Slide on Tax Plan, Economy; Golds Edges Down: Markets WrapBloombergA global bond rout deepened amid growing optimism over the health of the U.S. economy and President Donald Trump's tax-cut plan. Stocks were mixed as investors began to assess the implications of the much-anticipated tax proposal.Markets pick up after Trump tax planFinancial Times Is […]

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Foot Locker's Woes – In A Market Economy Those Who Live By Fashion's Vagaries Will Die By Them – Forbes
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Washington Post Foot Locker's Woes – In A Market Economy Those Who Live By Fashion's Vagaries Will Die By ThemForbesI have opinions about economics, finance and public policy. Opinions expressed by Forbes Contributors are their own. It might seem a little odd to be using the stock price decline at Foot Locker to reveal a […]

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Japan's exports rise in July, underpin strengthening economy – Reuters
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Reuters Japan's exports rise in July, underpin strengthening economyReutersTOKYO (Reuters) – Japan's exports rose for an eighth straight month in July on robust shipments to the United States and a boost from a weak yen, suggesting the economy is carrying strong momentum through to the second half of the year. The data …Japan Reports Trade Surplus […]

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Brightening economy sets euro up for strongest quarter since debt crisis – Reuters
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Reuters Brightening economy sets euro up for strongest quarter since debt crisisReutersA man (3rd L) looks at an electronic stock quotation board as passers-by walk past, outside a brokerage in Tokyo, Japan January 20, 2016. REUTERS/Toru Hanai. By Abhinav Ramnarayan | LONDON. LONDON The euro came off yearly highs on Friday but …Sell-off continues for Europe's […]

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US economy grows at tepid 1.2 percent; business spending softens – Reuters
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Reuters US economy grows at tepid 1.2 percent; business spending softensReutersFILE PHOTO – A family shops at the Wal-Mart Neighborhood Market in Bentonville, Arkansas, U.S. on June 4, 2015. REUTERS/Rick Wilking/File Photo. 1/2. left. right. Workers dismantle scaffolding at the Hudson Yards construction project is pictured in the …US Growth in Q1 Revised Up to 1.2 […]

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Unemployment rate drops to lowest level in a decade in April as economy adds 211000 jobs – Washington Post
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Washington Post Unemployment rate drops to lowest level in a decade in April as economy adds 211000 jobsWashington PostThe U.S. job market rebounded strongly last month and the unemployment rate fell to the lowest level seen in a decade, government data released Friday morning showed, calming fears that had bubbled up in the past month […]

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GDP Report Shows US Economy Off to Slow Start in 2017 – New York Times
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New York Times GDP Report Shows US Economy Off to Slow Start in 2017New York TimesAmericans say they feel more optimistic about the economy since President Trump was elected. But they certainly are not acting that way, and that is shaping up to be a challenge for his administration. Consumers pulled back sharply on spending […]

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California Governor Declares End to Drought Emergency – NBCNews.com
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NBCNews.com California Governor Declares End to Drought EmergencyNBCNews.comLOS ANGELES — One of the worst droughts in California history has officially ended, Governor Jerry Brown declared on Friday, but not before it strained the state's farm economy and threatened water supplies for millions of residents. Months of …California, Drenched by Winter Rain, Is Told 'Drought's Over'New […]

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Eight Money Mistakes the Middle Class Keeps Making
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About half of Americans lived in middle-income households in 2014, according to Pew Research. This demographic includes families with incomes two-thirds to double the U.S. median household income – or those earning between $42,000 and $125,000 (with cost-of-living adjustments for expensive metropolitan areas). America’s middle class includes teachers, firefighters, and plumbers, but also engineers, construction managers, and […]

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