A sharply lower fourth quarter GDP reading isn’t great news but it isn’t enough to alter the Federal Reserve’s projected timing for raising interest rates.
Stagnant wage growth and its implications on middle class Americans and the broader U.S. economy is no longer the exclusive province of lofty academics, egg head economists and Federal Reserve fan...
The increasingly-confusing split between strong job growth and weak wage growth will once again be front and center Friday when the January jobs report is released.
The most recent statement from the policy-setting Federal Open Markets Committee was a study in cognitive dissonance.
ECB President Mario Draghi on Thursday adhered to the cliched adage "Go big or go home." And for the most part Draghi is being praised for putting the ECB’s money where his mouth is.
The president must figure he has nothing to lose, so in the State of the Union speech he'll likely take credit for the upward tick of the U.S. economy, among other items. In all probability, the...
Millions of new jobs and a rapidly falling unemployment rate have yet to translate into higher wages and bigger paychecks for most American workers.
The question is whether a strong end-of-the-year rally will be short-lived, or whether the surge upward will maintain momentum into the new year.
One has to wonder what’s going to happen when U.S. markets grow up and realize there is no Santa Claus.
The Fed surprised most everyone by essentially doubling-down on its dovish policy of keeping interest rates at near-zero for the foreseeable future.