By Rajashree Chakravarty Durable goods orders for February fell unexpectedly, much to the disappointment of manufacturers and traders. Orders for durable goods, which last more […]
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Consumer Sentiment Slips in March with Winter Weather and Lukewarm Wage Gains
By Michaela Ross High utility bills from record-setting winter weather, stagnant wages and rebounding gas prices pulled consumer sentiment down this month, indicating Americans remain […]
GAS PRICES ARE UP AND SO IS INFLATION…WILL INTEREST RATES BE NEXT?
Americans’ cost of living went up in February, as gasoline prices rose for the first time in seven months, sparking speculation that the Federal […]
SLOWDOWN ON CRUDE, INCREASE IN SHALE INVESTMENT MAKES U.S. A WINNER WITH CHEAP OIL
Investors, efficient drilling technologies, and diminishing crude production are keeping the U.S. shale industry afloat. After a precipitous decline in oil over the last six […]
February’s Slight Increases in Gas Prices are not Enough to Scare Americans Away from Buying cars in 2015
By Danni Santana After sliding around on icy roads all winter in Suffolk County, Stacey Mathurin and her fiancé are eager to buy a truck […]
Refinery Strikes Had Little Impact on Gas Prices That Will Continue to Fall
By Marguerite Ward Some experts speculated that the United Steelworkers strike, the largest oil refinery strike in over three decades, would send gas prices upward. […]
The rich get richer, new houses
U.S. housing starts plunged in February as record-low temperatures across the country forced builders to postpone groundbreakings. The weather combined with tight lending standards for […]
Low world oil prices bring no relief to Brazil’s troubled economy
In late February, a cellphone video went viral in Brazil. In it, a well-dressed blonde screams at the top of her lungs at customers in […]
Promising News For Eurozone Inflation As Central Bank QE Kicks Into Effect
There was a small glimmer of hope for Eurozone inflation in February despite the continued growth of the U.S. dollar against the euro and another […]
Malignant Growth in The Cost of Cancer Drugs
Last year, specialty drugs added countless years to the lives of America’s sick and billions of dollars to its national debt. Spending on specialty medications […]