Beige Book

The biggest risk that companies will face in the 2nd half of 2018 isn’t trade, says Goldman

American corporations may disagree with fund managers that a potential trade war is the biggest “tail risk” facing the U.S. stock market, but that …

Markets

Job Openings Continue To Exceed Job Hires

Tuesday's June Job Openings and Labor Turnover report once again shows job openings exceed the number of hires for the month by 1.0 million. This …

Employment

There's a clear window for a US-China trade deal this fall, says expert

Leland Miller, China Beige Book International CEO, discusses the state of trade between the U.S. and China as both sides continue their rhetoric.

China

Fed keeps interest rates unchanged, says US economy 'strong'

The Federal Reserve kept short-term interest rates unchanged Wednesday, adding that U.S. economic growth has been strong.<p>“Economic activity has been rising at a strong rate,” the central bank said in a statement following its two-day policy meeting.<p>Inflation remained near an internal 2% target, …

Interest Rates

US Fed leaves interest rates unchanged amid trade concerns

Washington, Aug 2 (IANS) The US Federal Reserve on Wednesday left key interest rates unchanged amid concerns about trade tensions between the United …

Interest Rates

Trump Looking for Win for Himself, Not Looking to Crash China, AEI Says – Bloomberg

Trump Looking for Win for Himself, Not Looking to Crash China, AEI Says<p>Trump Looking for Win for Himself, Not Looking to Crash China, AEI Says<p>Trump …

Tariffs

America Booms: A Strong GDP Report Across The Board

<i>The US economy expanded at an annualised rate of 4.1% in 2Q18. With inflation on the rise and the jobs market looking strong the Fed may have to</i> …

Donald Trump

Trump Controls the Tempo on Trade

Trump obviously has a bunch of balls in the air on trade, but he gets to decide when to stop juggling them. He can get at least superficial deals on …

Conservative View

Trade War Morphs Into Currency War

The trade war morphed into a currency war last week as the Chinese yuan plunged by 1.3% (<i>Fig. 5</i>). It is down 3.9% since the start of the year.<p>That …

Economy

ROSENBERG: The Fed just unloaded a pile of evidence that the US economy is in the 9th inning

When I discuss that we are late cycle and use the baseball analogy, the two responses I get the most are "We're going into extra innings" or "It may be the eighth or ninth, but the innings are getting much longer, so the fat lady ain't gonna be singing for a long, long time."<p>Wishful thinking. A …

Markets

CNN Contributor Celebrates Trump’s Economy: ‘Whatever Trump Is Doing, It Sure Is Working’

9:47 PM 07/20/2018<p>CNN contributor and Wall Street Journal economic reporter Stephen Moore praised President Trump for a prospering American economy …

Donald Trump

Dow Falls, Breaking 5-Day Winning Streak on Beige Book Trade-War Worries

Stocks fell on Thursday after data in the Fed's "Beige Book" report suggested trade-war concerns are affecting corporate investment decisions and as …

Trade War

Wills & Snyder: Trade And Tariff Talk From Chris Parker Parker-Wealth Mgmt

Chris Parker - Financial Tailor from Parker Wealth Mgmt spoke to Bill about Trade and tariff "talk" continues - The latest edition of the Fed's Beige …

Podcasting

USD/CAD - Canadian Dollar Steadies Ahead Of Key Consumer Data

The Canadian dollar has posted slight gains in the Friday session. Currently, USD/CAD is trading at 1.3240, down 0.22% on the day. On the release …

Trading

GBP/USD: Higher Despite UK Deficit

The British pound has steadied on Friday, after posting losses for most of the week. In the North American session, the pair is trading at 1.3067, up …

Trading

EUR/USD - Euro Trading Sideways As German Inflation Matches Forecast

<i>By Kenny Fisher</i><p>EUR/USD is almost unchanged in the Friday session. Currently, the pair is trading at 1.1645, up 0.05% on the day. On the release …

Trading

China Is Not Devaluing Its Currency, China Beige Book CEO Says – Bloomberg

China Is Not Devaluing Its Currency, China Beige Book CEO Says<p>China Is Not Devaluing Its Currency, China Beige Book CEO Says<p>China Is Not Devaluing …

Donald Trump

Aussie dollar dips as Wall Street worries about Trump's trade dispute

<b>Australian shares look set to open lower on the back of a fall on Wall Street overnight sparked by concerns the European Union could slap retaliatory</b> …

Stock Markets

Canadian Dollar Steadies Ahead Of Key Consumer Data

The Canadian dollar has posted slight gains in the Friday session. Currently, USD/CAD is trading at 1.3240, down 0.22% on the day. On the release …

Trading

U.S. weekly jobless claims hit more than 48-and-a-half-year low

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits dropped to a more than 48-1/2-year low last week as the labor market strengthens further, but trade tensions are casting a shadow over the economy's outlook.<p>Other data on Thursday showed manufacturing activity in the …

Economy

Trucking Woes Plague Fed Districts With Drivers Hard to Find

American businesses want to keep trucking along, but they’re running into a persistent roadblock: A driver shortage amid high demand for freight …

Trucking

Jobless Claims Lowest Since 1969

4:35 PM 07/19/2018<p>The last time unemployment was this low was nearly 50 years ago.<p>According to new numbers released by the federal government, the …

Conservative View

Fed’s Beige Book Shows Mounting Tariff Concerns Among Businesses

Some manufacturers and construction firms say tariffs have led to higher prices for products and supply-chain problems<p>WASHINGTON—Manufacturers across the U.S. expressed concern about tariffs, with many reporting higher prices and supply-chain disruptions in the wake of new trade policies, according …

Federal Reserve

The number of unemployed Americans just hit a more than 48-and-a-half-year low

The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting its lowest level in more than 48 years, as the labor market continues to strengthen.<p>Other data on Thursday showed manufacturing activity in the mid-Atlantic region accelerated in July, driven by a surge in …

Business

Everything You Need to Know This Morning From Daybreak (Audio)

In today’s London Daybreak podcast, we cover the biggest stories that happened overnight. Theresa May might survive the summer. Tariffs hit Alcoa …

Tariffs

Fed: Economic Growth Solid Despite Trump Trade War 'Disruptions,' 'Higher Prices'

U.S. economic expansion rolled along and labor markets tightened in June and early July, even as Trump trade war tariffs and threats heightened …

Economy

Jobless Claims Decline to Lowest Level Since 1969

Unemployment lines across the U.S. last week were the shortest since December 1969, according to a Labor Department report Thursday that showed an …

Economy

U.S. jobless claims dropped last week to their lowest level since 1969

Unemployment lines across the U.S. last week were the shortest since December 1969, according to a Labor Department report on Thursday, July 19, that …

Cleveland

Jobless Claims in U.S. Decline to Lowest Level Since 1969

Unemployment lines across the U.S. last week were the shortest since December 1969, according to a Labor Department report Thursday that showed an …

Jobless Claims

US weekly jobless claims drop to more than 48-1/2-year low

(Reuters) - The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting its lowest level in more than 48-1/2 years, as the labor market continues to strengthen.<p>Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 207,000 for the …

Economy