Listening to factory purchasing managers and homebuilders, it’s easy to see why Vincent Reinhart believes the U.S. economy is on the verge of taking off even as the federal government shuts down.
China and Europe at a Group of 20 summit hosted by Russia warned that U.S.-led strikes on Syria would risk harming the global economy, bolstering efforts to rally opposition to the proposed attack.
Joseph Peterson grew up wanting to be a pastor, just like his dad. A part-time job at Starbucks Corp. is allowing him to pursue his dream.
Consumer confidence in the U.S. dropped in August from a six-year high as interest rates rose and tensions in the Middle East intensified.
President Barack Obama should find happiness in the U.S. economy’s “Misery Index” -- as long as he focuses on its national reading rather than its state-by- state gauges.
Two years after Standard & Poor’s stripped the U.S. of its top rating, America’s credit quality is getting a boost from economic growth outpacing that of the 12 nations graded AAA.
Retail sales rose in July for a fourth consecutive month, showing American households are regaining momentum as employment climbs.
The March setback in hiring will prove temporary as the U.S. economy, in its third year of expansion, now is better equipped to overcome a slowdown in Europe and rising fuel costs, economists said.
The U.S. trade deficit widened in July for the first time in four months as the global economic slowdown took a toll on American exports.
Oil at $110 a barrel is taking only half as big a bite out of Americans’ pocketbooks as it did in 1981, the last time Iranian shipments were disrupted.
"We've had a very sluggish economic recovery, so if the recovery is plodding along, those lagging indicators are going to plod along in due course as well."
- Carl Riccadonna on Oct 02, 2013
Riccadonna Says Productivity `Stalled'
Deutsche Bank’s Riccadonna Says Economy Accelerates
Deutsche Bank’s Riccadonna Sees Inflation Pressure