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Tag: U.S. economy


Capital and Risk, Macroeconomic

Weekly jobless claims drop sharply but labor market remains challenged

February 25, 2021

Via: CNBC

Jobless claims fell sharply last week despite severe winter storms that swept across Texas and other parts of the South, the Labor Department reported Thursday. First-time filings for unemployment insurance totaled 730,000 for the week ended Feb. 20, well below […]


Capital and Risk, Macroeconomic

How Wall Street Reflects the Economy Biden Inherits

January 21, 2021

Via: The New York Times

What big banks reveal about the economy America’s biggest banks have all now released their financial results for the past year, data that reflect the strange economic situation facing President Biden and his new administration. Parts of the economy are […]


Capital and Risk, Liquidity

Fed’s Bostic sees possible interest rate hike as soon as the second half of next year

January 11, 2021

Via: CNBC

Interest rates could rise sooner than forecast as the economy recovers more quickly than expected from the throes of the Covid-19 damage, Atlanta Federal Reserve President Raphael Bostic said Monday. While most of his colleagues don’t see a rate hike […]


Capital and Risk, Macroeconomic

Fed raises its economic outlook slightly, sees 4.2% growth next year and 5% unemployment rate

December 16, 2020

Via: CNBC

The Federal Reserve dialed up its economic expectations slightly for the end of this year as well as for 2021, according to the central bank’s Summary of Economic Projections released on Wednesday. The central bank now expects real gross domestic […]


Capital and Risk, Macroeconomic

China continuing to outpace the U.S. economy, CFO survey reveals

December 2, 2020

Via: CNBC

For the second straight quarter, the world’s leading chief financial officers have a more positive outlook on the Chinese economy than they do for the economy of the United States. In the Q4 CNBC Global CFO Council Survey, CFOs gave […]


Capital and Risk, Macroeconomic

JPMorgan becomes first major bank to say first quarter GDP will decline because of coronavirus surge

November 20, 2020

Via: CNBC

JPMorgan economists now see an economic contraction in the first quarter due to the spreading coronavirus and related restrictions being imposed by states and cities. The new forecast is a departure from Wall Street’s widely held view that the first […]


Capital and Risk, Macroeconomic

WH Trade Adviser Peter Navarro Warns Lockdowns Are a ‘Regressive Tax’ on the Poor

November 20, 2020

Via: CNSNews.com

White House trade adviser Peter Navarro said Friday that the top states with the highest unemployment are run by Democratic governors while those with the lowest unemployment are run by Republicans. Speaking to reporters outside the White House, Navarro noted […]


Capital and Risk, Macroeconomic

Joe Biden will have a long list of economic fixes to make: Experts say these are the top 3

November 11, 2020

Via: Aol

Economists and market analysts say that when President-elect Joe Biden takes the oath of office in January, he will inherit a battered economy. While most metrics of economic activity have risen from the record-shattering lows they hit in March and […]


Capital and Risk, Macroeconomic

As hopes fade for a major stimulus, here’s what it means for the fragile economy

November 4, 2020

Via: CNBC

As the question remains over who will capture the hotly contested presidential race, one casualty quickly emerging from fallout is the massive stimulus package Democrats were hoping to get to boost the economy. A blue-wave victory in Tuesday’s elections was […]


Capital and Risk, Macroeconomic

GDP Grew at Record 33.1% in 3rd Quarter

October 29, 2020

Via: CNSNews.com

Real gross domestic product (GDP) increased at a record annual rate of 33.1 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities put on hold by the pandemic, the Bureau of Economic Analysis […]