By Economics Fanatic: Atlanta Fed President Dennis Lockhart commented that the Fed is in a "real debate" on a rate hike in early to mid-2015. The economy has certainly shown resilience and it will not be surprising to see an interest rate hike soon. Show More Summary
With Labor Day approaching, it is a suitable time to examine which public policies promote economic growth that leads to job creation and wage increases.
Warren Buffett betrays America (SLTrib) It must have been a bitter moment for President Barack Obama when he got the news that his favorite economic guru not only doesn’t like paying taxes but hates America. Warren Buffett, whose eponymous rule was a staple of Obama’s 2012 re-election campaign, is underwriting Burger King Worldwide Inc (NYSE:BKW)’s […]
Shipping, fishing and tourism in the Arctic are getting a boost from climate change — but at a price, says Reuters, adding the economic benefits aren’t a “cold rush.” Temperatures in the Arctic are rising twice as fast at the world average. This thaw has brought new industries to the icy region: a first cruise ship […]
An individual's income bracket -- and political opinions generally reflective of ones economic situation -- looks to coincide with what "kind" of church he/she attends. Except for when it doesn't. The post The Politics Of Every Major U.S. Religion, In One Chart appeared first on ThinkProgress.
Bus riders are "a silent part of our community" who need that service to thrive and TARTA is the most economical way to provide it, Rossford Mayor Neil MacKinnon said Thursday during a rally to urge voter support for the bus system at the Nov. 4 polls.
Luke Sharrett/Bloomberg via Getty Images By Sam Forgione NEW YORK -- Consumer sentiment rose in August, while an index of current economic conditions hit its highest since July 2007, a survey released Friday showed. The Thomson Reuters/University...Show More Summary
And thinks to blame economic inequality, but not municipal coercion [David Sheff, Time] For a Northern California tow-and-impound saga that makes even San Francisco look mild, see earlier coverage here, here, and here. Tweet Tags: San Francisco, traffic laws Writer observes misery of tow impound lot is a post from Overlawyered - Chronicling the high cost of our legal system
There has been a slew of positive economic signs in 2014. Stocks continue to soar to record highs. Jobs are being created at the best pace since the 1990s. GDP grew last quarter at a blazing 4.2 percent pace. Even food stamp usage has begun falling after years and years of going in the other direction. Show More Summary
The possible mergers of these discount retailers don't make economic sense. Avoid these stocks for now.
The Bureau of Economic Analysis revised its real GDP growth figures for the second quarter, up from an estimated 4.0Read the Rest...
NEW YORK (Reuters) - U.S. consumer sentiment rose in August, while an index of current economic conditions hit its highest since July 2007, a survey released on Friday showed. The Thomson Reuters/University of Michigan's final August reading on the overall index on consumer sentiment came in at 82.5, up from 81.8 the month before. Show More Summary
Clearly, there are a lot of people who feel that the economic recovery-over five years old by now, at least by the official count-isn't reaching them. That's a central result from a pretty gloomy poll out today from Rutgers University. I...Show More Summary
With a new pilot agreement in place, a few months back, the carrier began replacing the 50-seater regional jets in its fleet with the larger and more economical Embraer 76-seater regional jets. United says this replacement is bringing fuel savings of about 10%. Show More Summary
The Bureau of Economic Analysis said that personal spending fell 0.1 percent in July, its first decline since the weather-relatedRead the Rest...
WASHINGTON (AP) — As President Barack Obama warns of stepped-up economic punishments against Russia for its military incursions inside Ukraine, U.S. sanctions have so far avoided one prominent financial institution: the $10 billion Russian...Show More Summary
HONG KONG (AP) — European and Asian stock markets were subdued Friday after data showed Japan's economy is struggling to recover from a sales tax hike and that inflation in the eurozone slipped again, a sign the recovery remains wea...
The BEA released the Personal Income and Outlays report for July: Personal income increased $28.6 billion, or 0.2 percent... in July, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased $13.6...Show More Summary
LM Otero/AP By Lucia Mutikani WASHINGTON -- Consumer spending unexpectedly fell in July as savings rose to its highest level in more than 1½ years, a sign that households remain cautious despite an acceleration in economic and...Show More Summary
By Gulsen Solaker and Nick Tattersall ANKARA (Reuters) - Prime Minister Ahmet Davutoglu kept key members of Turkey's economic management team in place and named Ankara's point man on Europe as foreign minister in a new cabinet on Friday, moves signalling President Tayyip Erdogan's continued domination. Show More Summary