Dunstan Prial

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All Eyes on FOMC Meeting This Week

The highlight of next week’s economic calendar will be the two-day meeting of Federal Reserve’s policy setting committee.

Last Gasp for Coal Mining Industry?

The U.S. coal mining industry, long in decline, appears to be heading toward life support amid the recent plunge in energy prices.

Upward Revision to 4Q GDP Hardly Good News

The higher number – economic growth came in at 1% during the fourth quarter, up from an earlier 0.7% estimate and well above the 0.4% forecast by analysts -- is illusive because it’s essentially a ‘good’ bad number.