Category: Macroeconomic

January 14, 2019

America’s days as the world’s most powerful economy are numbered, and when that torch is finally passed, it’ll be tough to get back, according to a recent report. In our call of the day, Standard Chartered predicts China’s GDP will […]

January 11, 2019

Federal workers furloughed by the ongoing partial government shutdown have been bearing the brunt of the political standoff between President Donald Trump and Congress over funding for a border wall. Those federal employees are feeling the squeeze on their wallets. […]

January 10, 2019

The number of Americans filing applications for jobless benefits fell more than expected last week, pointing to a strengthening labor market that could further ease concerns about the economy’s health. Initial claims for state unemployment benefits fell 17,000 to a […]

January 9, 2019

As President Donald Trump jawbones the Federal Reserve, the likelihood that he’s going get what he wants this year from the central bank continues to grow. Markets expect the Fed to hold off on rate hikes and are even anticipating […]

January 4, 2019

Last year’s robust jobs growth in the U.S. continued apace in December, even amid signs that the economy was slowing as President Donald Trump’s trade war with China takes a toll on both countries and the stimulus fades from the […]

January 3, 2019

One of Wall Street’s biggest bears is warning the economy is on a collision course with a recession. Gluskin Sheff’s David Rosenberg has little doubt growth will turn negative in 2019 as the stock market flounders. “We’re going into a […]

December 18, 2018

U.S. homebuilding rebounded in November, driven by a surge in multi-family housing projects, but construction of single-family homes fell to a 1½-year low, pointing to deepening housing market weakness that could spill over to the broader economy. The report from […]

December 7, 2018

The U.S. saw declining jobs growth last month, keeping the unemployment rate at a half-century low even amid signs that the economy might be slowing down. A report from the Labor Department on Friday showed that nonfarm payrolls rose by […]

November 28, 2018

The U.S. economy slowed in the third quarter as previously reported, but the pace was likely strong enough to keep growth on track to hit the Trump administration’s 3 percent target this year. Gross domestic product increased at a 3.5 […]

November 26, 2018

The numbers: A strong job market largely accounted for the acceleration in a broad measure of the U.S. economy from the Chicago Federal Reserve in October. The Chicago Fed’s index of national economic activity registered at a positive 0.24 last […]