Category: Economy
US Economy is Growing Faster Than Expected

US Economy is Growing Faster Than Expected

0

While the stability of the United States economy has been pretty uncertain this year, consumer and business spending have been, at that has led to a 2.6 percent growth in the ...

READ MORE +
Oil Prices Fall On Higher Activity and Trade Concerns

Oil Prices Fall On Higher Activity and Trade Concerns

0

Heading into the second week of February, oil prices fell after US drilling activity increased and a fire shutdown a major US refinery.  Of course, concerns over ...

READ MORE +
Private Companies Added More Jobs Than Expected Last Month

Private Companies Added More Jobs Than Expected Last Month

0

According to the most recent ADP National Employment report, the private sector added 213,000 jobs in January. This is an impressive number that far surpasses the 178,000 job ...

READ MORE +
IMF Warns Global Economic Growth Losing Steam

IMF Warns Global Economic Growth Losing Steam

0

This week, the International Monetary Fund has warned that the global economy is slowing down.  More important, though, if the world’s economies—especially the two ...

READ MORE +
Despite Other Instability, the US Unemployment Slows After Adding 312,000 Jobs in December

Despite Other Instability, the US Unemployment Slows After Adding 312,000 Jobs in December

0

It looks like US employers ended the year on a high, despite lots of volatility in the stock market.  According to the recent jobs report, an impressive December ...

READ MORE +
Oil Futures Crawl Upward For the First Week in A Month

Oil Futures Crawl Upward For the First Week in A Month

0

Oil futures closed out the first week of the New Year with their first gain in several weeks, mostly on the heels of an announcement that the US and China will go back to the ...

READ MORE +
Trump Rebukes the Fed As “Biggest Threat” To His Presidency

Trump Rebukes the Fed As “Biggest Threat” To His Presidency

0

US President Donald Trump does not like the Federal Reserve Bank.  Or, at least, he does not like how the Fed has raised interest rates this year.  If his Twitter feed has ...

READ MORE +
Fed Vice Chair Clarida Supports Coming Interest Rate Hike and New Data-Driven Strategy

Fed Vice Chair Clarida Supports Coming Interest Rate Hike and New Data-Driven Strategy

0

Early this week, Federal Reserve Vice Chairman Richard Clarida cautioned that the central bank should adjust the way they raise or lower interest rates.  The most recent member of ...

READ MORE +
Oil Futures Plummet 7 Percent to Lowest Level In Over A Year

Oil Futures Plummet 7 Percent to Lowest Level In Over A Year

0

As we reach the close of this holiday week, US oil prices are taking another dive.  Indeed, on Friday prices of US oil fell 7 percent, sinking even deeper into a bear market that ...

READ MORE +
Crude Oil Price Slide Motivates Potential Supply Cut Among Major Oil Producers

Crude Oil Price Slide Motivates Potential Supply Cut Among Major Oil Producers

0

New reports indicate that Saudi Arabia has a plan to cut worldwide oil supply by half-million barrels-per-day starting next month.  According to Saudi Arabian energy minister, ...

READ MORE +