Category: Economy

US industrial production September 2019

A worker assembles components on a diesel engine at the Cummins Seymour Engine Plant in Seymour, Indiana, Jan. 29, 2019. Luke Sharrett | Bloomberg | Getty Images U.S....

Millennials to trigger changeover point for the US economy, Bill Smead says

A fundamental shift in the spending habits of U.S. millennials will have an incredible impact on the world’s largest economy, according to the CEO of Smead Capital...

Weekly mortgage refinances jump 10%

A home mortgage sign on a Wells Fargo branch in Brooklyn, New York. Getty Images An unexpected decline in mortgage interest rates had homeowners calling their lenders...

Here’s where the jobs are for September 2019 — in one chart

The September 2019 jobs report showed decent hiring during the month with the health-care and education industries seeing the biggest growth. The government reported...

Harker says Fed should ‘hold firm’ on interest rates

Philadelphia Fed President Patrick Harker thinks interest rates should hold steady as events unfold in what he called a  strong economy that also has “clear...

Computer analysis of CEO transcripts points to an economic slowdown

Xinhua News Agency | Xinhua News Agency | Getty Images The latest proof of a U.S. economic slowdown is in, and this time it came from a computer analysis. Barclays used...

Leon Cooperman says the Fed wrong to cut rates: It’s ‘screwing’ savers

Billionaire investor Leon Cooperman on Thursday said he believes that the Federal Reserve is “screwing the savers” by cutting interest rates like they did...

US consumer sentiment September 2019 preliminary

A shopper browses clothing at a Kohl’s Corp. department store in Peru, Illinois Daniel Acker| Bloomberg | Getty Images Sentiment in the U.S. rose more than...

Real US debt levels could be a shocking 2,000% of GDP, report suggests

Total potential debt for the U.S. by one all-encompassing measure is running close to 2,000% of GDP, according to an analysis that suggests danger but also cautions...

us trade deficit – july 2019

Shipping containers from China and other nations are unloaded at the Long Beach Port in Los Angeles, on February 16, 2019. Mark Ralston | AFP | Getty Images The U.S....