The Atlanta Fed second quarter GDPNow final estimate came in at 2.4%. The second quarter GDP official “advance” estimate from the BEA is due out Thursday, July 30 a...
“I am sure the euro will oblige us to introduce a new set of economic policy instruments. It is politically impossible to propose that now. But some day there will be a crisi...
The U.S. stock market suffered its worst week (ending July 24) in months thanks to disappointing earnings results, especially from Apple (AAPL), Caterpillar (CAT) and International...
Stocks in the US continued to slide, in sympathy with China and a generally poor outlook for the world of real productivity and wealth. And in large part this is the rinse cycle of...
Of the four Federal Reserve districts which have released their July manufacturing surveys – two forecast weak growth and three are in marginal contraction. A complete summar...
Worstall on Wednesday Matt Levine tells us the story of the Sand Hill Bitcoin Exchange, another one of those bright ideas that turned out not to be so bright and ended in a $20,000...
India’s trade deficit narrowed to a three-month low in May, helped by lower gold imports, bolstering the outlook for its current account balance. But in a worrying sign, weak...
NEW YORK (TheStreet) — Despite the advent of automatic enrollment in 401(k) plans, Gen X-ers and Baby Boomers are still not saving enough money for retirement. Companies need...
I am in the middle of the Atlantic on a cruise ship headed to Europe. Having spent 15 years of my life on the high seas and attending ship owner’s conferences, I always take ...
by Simon Black, Sovereign Man Remember all that talk about “taper” last year? After years of conjuring trillions of dollars out of thin air and rapidly expanding its balance sh...