If economists are right, it’s going to take a lot less progress in the job market to get the unemployment rate to keep falling. Many are saying we’ve hit a leveling out point and might not see much for change for a while. If you’ve been following the steady decline in…
U.S. consumer sentiment came in at higher than expected for October, according to a report released on Friday. The Thomson Reuters/University of Michigan’s preliminary October reading on the index was at 92.1. That was much higher than the previous month’s reading which was 87.2 and Reuters’ estimates which were 89….
Inflation that is rampant is nothing new to the Venezuelan economy. However in a sign of just how severe the situation has grown for some people there, food prices spiked by 22.2% in August from the previous month, according to new research on the country. The inflation figure we see…
When it come comes to this earnings season, the S&P 500 companies are expected to see profits drop by nearly 6%. It’s the top line of companies’ income statements that could actually be the biggest concern for all of us. Currently, third-quarter revenues are projected to fall to about 3.3%…
Much of the talk around Deflation these days is centered on the euro zone and parts of other emerging markets. However the bigger picture show the U.S. is dancing on the brink itself. It it wasn’t for a comparatively high inflation rate in the Western quadrant the truth is the U.S….