Looks like the United States economy may be picking up steam. Numbers from the Commerce Department on Friday showed that gross domestic product gathered momentum after previously weak data. For the second quarter of the year, the economy grew by 2.6 percent as measured on...
The likelihood of the Federal Reserve raising interest rates for a third time this year is diminishing, given consumer prices that didn’t change in June and a decline in retail sales for two months in a row. According to a report in Reuters, the economy...
Tight labor conditions in Japan may give a boost to consumer spending in Japan, Reuters reported. The demand for workers in the country is at a 40 year high, which comes amid a 20 year low in unemployment as measured by April’s data. The numbers...
The inconsistent start to 2017 from an economic perspective may be starting to even out some as the most recent consumer spending report indicated that consumer spending increased by the most it has all year in April. Consumer spending is the single largest driver of...
Slow going, at least for now. The U.S. economy showed growth, albeit muted, in the first quarter of 2017. And in fact, the latest numbers out from the government show that growth has lagged to its slowest pace in three years. Gross domestic product grew...
It’s the most wonderful time of the year! Tax season, that is. And today is IRS Christmas. Curious to know how your taxes stacked up? While we won’t know about 2016’s filings until next year, IRS preliminary data from 2015’s filings (what you submitted in 2016)...
America First as trade policy is here, or looming, as language lost by the G20 debuts, conspicuous by its absence. Might payments suffer in the wake of truncated free trade?
While there’s been plenty of national news that is causing many Americans a great deal of stress, there is some good news to hold onto — the economy is showing continued growth in everything from consumer spending and job growth to manufacturing. The New York...
The global financial industry is setting its sights on real estate south of Wall Street — way down south. Bloomberg reports that firms as far-flung geographically as Germany (Deutsche Bank) and Australia (Macquarie) have been bringing jobs to Florida, with some local hiring, in stark...
