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Tag: Economy


Capital, Finance Tech

How to keep on top of your personal finances in a growing economy

June 14, 2018

Via: USA TODAY

The economy has shifted into high gear, with corporate profits surging, bankruptcies and foreclosures tumbling and the national unemployment rate easing to 3.8%, an 18-year low. Americans have become more optimistic, but their personal finances don’t necessarily mirror the economy’s […]


News

U.S. Economy Adds 164,000 Jobs, Missing Estimates for Second Month

May 4, 2018

Via: TheStreet

The U.S. economy added 164,000 jobs in April, missing expectations, though the unemployment rate fell to a lower-than-expected 3.9%, the Labor Department said Friday. The job gains fell short of economists’ estimates of a 192,000 increase in non-farm payrolls, while […]


News

Fed Officials Worry the Economy Is Too Good. Workers Still Feel Left Behind.

April 26, 2018

Via: The New York Times

WASHINGTON — Ann Jacks quit her job as a restaurant chef in North Carolina, started her own business and worked 80 hours a week for two years, before exhausting herself and her patience. She shut down the company and, in […]


Finance Tech, Trading

US stocks are mixed and bond yields set four-year highs

April 23, 2018

Via: ABC News

U.S. stocks are mixed Monday morning as health care and industrial companies make gains and energy companies slip with oil prices. Bond prices continue to fall and the yield on the 10-year Treasury note is getting close to 3 percent, […]


Finance Tech, Trading

Trade tensions are just one of the three biggest challenges for the global economy, IMF says

April 20, 2018

Via: CNBC

While the “sun is still shining” on the global economy, clouds could be looming over the horizon, warned Tao Zhang, a deputy managing director for the International Monetary Fund. Speaking with CNBC’s Joumanna Bercetche on Thursday, Zhang said there are […]


Finance Tech, Financial Services, Industries, Trading

Tax cuts were supposed to juice the economy, but banks aren’t seeing it

April 16, 2018

Via: Market Watch

Is the tax revamp signed into law in December helping banks? One quarter in, earnings results show that it’s complicated. On Friday, JPMorgan Chase JPM, -2.71% said its quarterly profit jumped by more than one-third to an all-time high, helped […]


Finance Tech, Trading

Global markets mostly lower in muted Easter trading

April 2, 2018

Via: ABC News

Global markets mostly fell in muted trading Monday, as markets in Hong Kong, Australia and Europe were closed for Easter. KEEPING SCORE: Trading in France, Germany and Britain was closed for Easter and was to resume Tuesday. U.S. shares were […]


News

US personal income rose 0.4% in Feb, matching expectations

March 29, 2018

Via: CNBC

U.S. consumer spending rose marginally for a second straight month in February as households boosted savings, the latest indication the economy lost momentum in the first quarter. The Commerce Department said on Thursday that consumer spending, which accounts for more […]


Finance Tech, News, Trading

Trump’s chief metric for who is winning the trade war is moving in the wrong direction

March 28, 2018

Via: Business Insider

For most economists, a large US trade deficit is the natural and sustainable product of a very large consumer-driven economy that imports a lot of its goods. To Donald Trump and his economic team, the deficit is a scourge punishing […]


Finance Tech, Trading

Global Stocks Ride Wall Street Wave as U.S.-China Trade Talks Tempt Bulls

March 27, 2018

Via: TheStreet

3 Hot Things Happening in the Market Right Now Yes, Facebook (FB) is still in a bear market. The stock is down 16% from its early February high. S&P 500 earnings estimates for the first-quarter have fallen for the third […]