updated Sat. September 21, 2024
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The Hill
April 17, 2018
As the U.S. economy lumbered out of the depths of the Great Recession, it became increasingly clear that poor growth was a pressing threat to American families. In contrast to the postwar period up to 2007, when the standard of living doubled on average in one working career — 35 years — the paceÃâà...
MarketWatch
April 17, 2018
ISTANBUL--Moody's Investors Service said Monday that ongoing lira weakness is especially problematic for Turkey's economy because of its high degree of external vulnerability and low foreign-exchange reserves, a credit negative for the sovereign. Key officials said last week that they stand ready to takeÃâà...
Seeking Alpha
April 17, 2018
A Fed President laid out the hawkish case in an interview last week. This article assesses some important economic data from last week. Hiring/job loss data, bank lending data and history raise serious questions about whether the Fed should at least pause its tightening program and reassess. Since theÃâà...
Project Syndicate
April 17, 2018
With the rise of digital technologies and big data, the global economy is undergoing a fundamental transformation that poses significant challenges to governments and policymakers. Unless tools are developed to measure new sources of value in the real economy, current and future generations' wellbeingÃâà...
New York Times
April 17, 2018
MELBOURNE, Australia — Some members of Australia's governing Liberal Party want voters to believe immigrants are bad for the economy, draining resources and causing wages to stagnate. But a newly published report, written by the same conservative politicians, reveals the opposite — immigration isÃâà...
Tampabay.com
April 17, 2018
He came bearing gifts for a party eager to talk about the economy and tax cuts ahead of the looming mid-term elections, and stayed focused, not once mentioning former FBI director James Comey or Russia. “For the first time in 18 years wages are going up. Congratulations,” Trump said. “Enjoy your money.
CNNMoney
April 17, 2018
China's economy made a strong start to 2018, shrugging off escalating trade tensions with the United States. The world's second largest economy grew 6.8% in the first quarter of the year from the same period a year earlier, according to government data published Tuesday. Fears of a trade war betweenÃâà...
NBCNews.com
April 17, 2018
The survey, which was conducted April 8-11, shows that 35 percent of Americans believe the GOP is the better of the two major parties to handle the economy, compared with 28 percent who name Democrats — a seven point advantage for Republicans. In December, Democrats held a five-point edge onÃâà...
WTVA
March 24, 2018
Lawson says the Times story based that on a look at statistics from 1990 to 2007. It contends if you look at the econom up unitl last year, those middle income families are making 20 percent more, not less. CDF adds that diversifying the local economy has almost brought the job numbers back to what theyÃâà...
Cincinnati.com
March 24, 2018
While these indicators of financial fragility are problematic for the individuals and households involved, it is important to remember that these behavioral manifestations of financial illiteracy have profound repercussions for the economy as a whole. The composition of household debt has shifted towardÃâà...
WCVB Boston
March 24, 2018
The coming recreational marijuana market means that pot entrepreneurs are everywhere, hoping to cash in when the demand for the once-forbidden product goes from the black market to out in the open. NewsCenter 5's Ben Simmoneau takes a look at what the marijuana economy may mean forÃâà...
Seeking Alpha
March 24, 2018
We're seeing some modestly concerning movements in the credit markets. While they're certainly not at danger levels, we should keep an eye on them. The leading indicators are all moving higher. The coincidental numbers are strong. I'm in the final stages of working with the Seeking Alpha team onÃâà...
Pew Research Center for the People and the Press
March 23, 2018
Americans' views of national economic conditions continue to improve, with the share saying the economy is in good or excellent condition now at its highest point in nearly two decades. The overall rise in positive assessments seen over the last year is driven by the shifting views of Republicans andÃâà...
CNBC
March 23, 2018
GDP growth likely will be slow in the first quarter — as low as 1.4 percent, according to a UBS estimate — but should accelerate strongly later in the year. Bank of America Merrill Lynch sliced its growth estimate from 2.3 percent to 1.7 percent for Q1 but maintained its full-year 2.9 percent forecast. Earlier thisÃâà...
Aljazeera.com
March 21, 2018
It now has to import almost everything, but rising customs fees are making even the most basic products unaffordable. by Hamza Mohamed. 20 hours ago. Play Video. Play. Mute. Current Time 0:00. /. Duration Time 0:00. Loaded: 0%. 0:00. Progress: 0%. 0:00. Progress: 0%. Stream TypeLIVE. Remaining Time -0:00. Share.
Quartz
March 21, 2018
To global investors, India's economy may seem a bit like a raw mango these days—enticing from a distance but bitter to taste; good for pickles, and not much more. That Goldman Sachs cut India's economic growth estimate from 8% to 7.6% for financial year 2019 may not be a surprise after the swell of bankÃâà...
kgw.com
March 21, 2018
What a difference just a few years make, especially when it comes to Oregon wine. A new report shows a huge increase in the amount of money Oregon's wine industry pumped into the state. In 2013, all things Oregon wine-related contributed a little over $3 billion to the economy. By 2016 that number hadÃâà...
Allentown Morning Call
March 21, 2018
Our air is cleaner, as is the river, jobs are safer, our economy is more diverse, our downtowns are vibrant again, technology has improved and expanded health care, our manufacturing base and the economy. The economy and population are growing as new businesses and people come here or start hereÃâà...
Seeking Alpha
March 21, 2018
Deteriorating real economic fundamentals - The most important economic report out last week was retail sales for February, which showed at 0.1% decline from January. This was a surprise to Wall Street's brain trust, which was expecting a 0.4% gain. Keep in mind the 0.1% decline is nominal.
CNBC
March 21, 2018
There are an increasing number of signs and signals that the economy is entering the very late stages of economic recovery. That does not mean a recession is imminent, but some early warning signs are emerging that should encourage policy-makers, business leaders, investors and even workers toÃâà...
New York Times
March 20, 2018
HONG KONG — China's president, Xi Jinping, has handed the reins of the country's financial system to a close ally, strengthening his hold over the world's second-largest economy and sending a clear signal that companies must reduce risky borrowing. Liu He, an economic adviser to Mr. Xi and previousÃâà...
New York Times
March 20, 2018
Americans have spent much of the past decade wondering when the economy would recover from the crippling Great Recession. Now, they are considering another question: When, and how, will that recovery end? This month is the 10th anniversary of the collapse of the investment bank Bear Stearns, theÃâà...
CNNMoney
March 20, 2018
President Trump cheered last week that the "raging" economy is at an "all-time high," mirroring optimism on Wall Street and Corporate America about a stellar year for growth. Unfortunately, predictions for first-quarter economic growth have plunged in recent weeks, signaling 2018 may be off to a "meh" startÃâà...
The Bozeman Daily Chronicle
March 17, 2018
When making irreparable decisions about our public lands, their understanding of what those decisions mean for Montana's economy is paramount in protecting these outdoor assets. In fact, one of the most successful, bipartisan conservation and recreation programs in our nation's history is set to expireÃâà...
The Detroit News
March 17, 2018
The U.S. economy is beginning the year with a downshift in growth despite $1.5 trillion in tax cuts signed by President Donald Trump in December. Unexpectedly weak February retail sales pushed down forecasts for the annualized pace of expansion in the first quarter, with the Federal Reserve Bank ofÃâà...
MarketWatch
March 17, 2018
Even with the sudden prospect of a trade war, it's hard to find a bear on Wall Street. While caution and volatility have returned to markets over the past six weeks — a period marked by concerns over inflation, tariffs, and the first correction for the Dow DJIA, +0.29% and S&P 500 SPX, +0.17% in two yearsÃâà...
Insurance Journal
March 17, 2018
First there was the sharing economy, and then the gig economy. Now the buzz phrase to pay attention to may be “on-demand.” The on-demand economy, according to TheOnDemandEconomy.org, is defined as the economic activity created by digital marketplaces that fulfill consumer demand withÃâà...
The Hill
March 17, 2018
Tariffs on China's information and communications technology imports would lead to billions in losses for the U.S. economy, a new report released on Friday shows. Any Trump administration plan that would levy a 25 percent tariff on those types of Chinese products would cost the U.S. economy $332Ãâà...
CNBC
March 16, 2018
As Russia prepares for its presidential election on Sunday, the economy remains a primary consideration for voters. Russia has recovered from its two-year recession, growing an estimated 1.4 percent last year, but regions outside Moscow have seen wages and living standards decline. The electionÃâà...
CNBC
March 16, 2018
California's job growth appeared to slow a year ago but things have picked up since then and economists insist there's no recession on the horizon. Yet economists say the Trump administration's trade and immigration policies could at some point trip up California's economy. A recent report from the stateÃâà...
Bridge Michigan
March 15, 2018
Michigan's economy is mostly recovered from Great Recession, but more than 150 communities still face serious long-term financial challenges. The next frontier of money problems? Suburbs, says Eric Scorsone, deputy treasurer for Michigan. “My guess is that the next wave of fiscal problems will be moreÃâà...
The Guardian
March 15, 2018
The Bank of England failed to recognise the possibility that there might be a recession even when the economy was already in one. And as Paul Johnson of the Institute for Fiscal Studies has noted, a decade later earnings are still below their pre-crisis peak and the economy is 14% smaller than it wouldÃâà...
EURACTIV
March 14, 2018
Now imagine if I said to you that instead of building on these capabilities to advance the bio economy and the revolution in material technology, we would just turn them into ash? This is the sad paradox of the debate on renewable energy. By focusing solely on the energy context of the bio economy ratherÃâà...
Investopedia (blog)
March 14, 2018
The API economy came about as companies understood that more than simply developers' tools, APIs delivered a way to expedite business processes, use existing technology to produce novel platforms, and establish a more connected and interoperable environment for applications. In an increasinglyÃâà...
Business Insider Nordic
March 14, 2018
The Atlanta Fed's GDP now tracker projects 1.9% growth for the US economy in the first quarter. The tracker saw 5.4% growth in early February. President Donald Trump has touted 3% growth for his administration. One model that forecasts the US economy's performance saw another big downward revision on Wednesday.
Barron's
March 14, 2018
President Trump has chosen Larry Kudlow as the next director of the National Economic Council, replacing Gary Cohn, according to multiple reports. With Larry Kudlow, Trump Gets a Smooth Loyalist on the Economy. Illustration: Getty Images. A longtime CNBC commentator and syndicated columnist,Ãâà...
Palisades Hudson Financial Group
March 14, 2018
Overheating a car, a laptop or an appliance can have catastrophic consequences, so the prospect of the U.S. economy “overheating” may well cause alarm. The question of whether the economy is running too hot returned to the news cycle this month as the new chairman of the Federal Reserve took hisÃâà...
CNBC
March 13, 2018
Companies often go to great lengths to keep a lid on costs, but here's one place where many won't skimp: airfares. Corporate travel providers tell CNBC that many of their clients are asking them to block airlines' basic economy airfares. These are usually the cheapest seats on the plane, where in exchangeÃâà...
The Week Magazine
March 13, 2018
"It's the economy, stupid," read a sign in Bill Clinton's 1992 campaign headquarters, reminding everyone that while the election may have looked like a contest between a dynamic young agent of change and a hidebound old establishment figure, the most important thing was to talk about the falteringÃâà...
WIRED
March 13, 2018
Something is badly wrong with our economy. But the current challenge is the quality of our jobs, not their quantity. Tonight, in the spirit of an earlier president, I announce a new New Deal, which will provide what all Americans want: work with meaning and an honest wage for honest labor in a newÃâà...
New York Times
March 13, 2018
WASHINGTON — China's extraordinary growth over the past few decades has spawned two major lines of analysis. One school of thought holds that China is a rising economic power poised to conquer the world. The other argues that China's economy has become so distorted that it is bound to collapse orÃâà...
BBC News
March 13, 2018
The stronger expansion in 2017 also meant the economy carried more of that momentum into 2018. While productivity growth over the last two quarters is the strongest since the 2008 recession, this is not expected to translate to higher growth in later years. Output per working hour rose by 0.8% in the threeÃâà...
The Hill
March 13, 2018
Thus, when you hear that Republicans will run on the strong economy as their ticket to retaining control of the House and Senate in November's midterm elections, one has to scratch one's head and say, “That is stupid.” It is of course something to take credit for, this good time. But will it be the primary factorÃâà...
CPAPracticeAdvisor.com
March 13, 2018
Last week, Federal Reserve Bank of Atlanta president Raphael Bostic said steel and aluminum tariffs bring uncertainty that could hurt the economy's robust growth. Mike Jackson, new Federal Reserve Bank of Atlanta chairman and chairman and CEO of Fort Lauderdale-based AutoNation, asked Bostic in aÃâà...
Quartz
March 13, 2018
When it comes to booking an economy ticket for a transatlantic flight, the fine print is now more important than ever. Where once a traveler could expect a meal, a checked bag, and booking their preferred seat in advance as standard, the basic economy era is now upon us—and airlines are offering everÃâà...
BBC News
March 13, 2018
Today's Spring Statement will require a rather more accomplished ability to understand two things simultaneously, while retaining the ability to quickly check "is chewing gum made of plastic?" on Google. First, Philip Hammond will say that, yes, the economy and the public finances are in better shape thanÃâà...
The Hill
March 13, 2018
A major argument used by proponents of last year's tax-cut legislation was that it would boost the economy. Regardless of how that turns out, partisans on both sides generally agreed that growing the economy over the long term was an important goal. It is, therefore, odd that the debate over immigrationÃâà...
The Outline
March 13, 2018
The link between the health of the economy and the health of the people who participate in it is longstanding and bidirectional: the poor or newly uninsured are less likely to seek out robust medical treatment, but the stress of a crashing economy can also cause ill health among previously healthy people.
Black Enterprise
March 11, 2018
Concordia College, a historically black college in Selma, Alabama, that has been educating black students for nearly a century, has announced that it will close its doors at the end of the spring semester. That's according to online reports from NewsOne, which has published an article about the school'sÃâà...
East Valley Tribune
March 11, 2018
“TPS holders from El Salvador that own businesses are creating jobs for people in Arizona and are pumping thousands of dollars into the economy.” The Trump administration's decision to terminate TPS for El Salvador was made after a review of disaster-related conditions there. The administration foundÃâà...
