New Report Shows Private Equity's Positive Impact on U.S. Economy
Economy
New Report Shows Private Equity's Positive Impact on U.S. Economy
2019-11-01 17:40:51
by Dan McCue

WASHINGTON - Private equity sector is playing a positive role in the U.S. economy, supporting more than 26 million jobs while accounting for about 5% of the nation's gross domestic product, according to a new report. The analysis comes from... Read More

Recession Fears Are Valid, But Predicting Timing Nearly Impossible, Economist Says
Economy
Recession Fears Are Valid, But Predicting Timing Nearly Impossible, Economist Says
2019-08-23 19:01:20
by HJ Mai

There are plenty of warning signs that the longest economic expansion in the history of the United States is coming to an end. While the signs indicate an impending recession, predicting the time of it is nearly impossible, Hoyt Bleakley,... Read More

US Economy Breaks Record, But It Doesn't Appear To Be Benefiting Trump
Economy
US Economy Breaks Record, But It Doesn't Appear To Be Benefiting Trump
2019-07-02 19:31:12
by Dan McCue

WASHINGTON - The U.S. economy broke a record for its longest expansion ever on Monday, but a poll released the same day suggests the solid economy is doing little to bolster support for President Donald Trump. On Monday, the United... Read More

Plummeting New Job Numbers in May
Economy
Plummeting New Job Numbers in May
2019-06-07 21:19:52
by Dan McCue

WASHINGTON - Employers added just 75,000 new jobs in May, the Labor Department said Friday, a stunning development that took many economists by surprise. In a recent survey by Dow Jones, the consensus among economists was that the job gain... Read More

Christine Lagarde Warns ... 'Nobody Wins a Trade War and Everybody Suffers'
IMF
Christine Lagarde Warns ... 'Nobody Wins a Trade War and Everybody Suffers'
2019-06-07 00:19:16
by Dan McCue

WASHINGTON - Despite uncertainties on several fronts, including a nasty trade dispute with China, escalating tariff threats, and The federal government’s penchant for taking on enormous debt and all the risks that come with it, the U.S. economy should remain... Read More

US Adds Robust 263,000 Jobs; Unemployment Hits 49-Year Low
Economy
US Adds Robust 263,000 Jobs; Unemployment Hits 49-Year Low
2019-05-03 14:45:21
by Dan McCue

U.S. employers added a robust 263,000 jobs in April, helping to push the unemployment rate to a five-decade low of 3.6 percent, the Labor Department said Friday. The latest report from the government suggests that continued economic growth is encouraging... Read More

Home Construction Slips Again in March, Putting Pinch on Sales Inventory
Economy
Home Construction Slips Again in March, Putting Pinch on Sales Inventory
2019-04-19 19:59:54
by Dan McCue

Home construction declined 0.3 percent in March to a seasonally adjusted annual rate of 1.14 million units, the Commerce Department said Friday. Within this overall number, single-family starts fell 0.4 percent to 785,000 units. The multifamily sector, which includes apartment... Read More

Applications for Jobless Benefits Drop to a 49-year Low, Inflation Remains Tame
Economy
Applications for Jobless Benefits Drop to a 49-year Low, Inflation Remains Tame
2019-04-11 20:43:28
by Dan McCue

The number of people seeking unemployment benefits in the United States fell last week to its lowest level since December 1969, the Labor Department said Thursday. The last time unemployment benefits claims were this low, Jay-Z was a newborn in... Read More

US Consumer Borrowing Slowed in February, Fed Says
Economy
US Consumer Borrowing Slowed in February, Fed Says
2019-04-05 20:56:28
by Dan McCue

Consumer borrowing rose at a slower pace in February as a surge in the use of credit cards was offset by a slackening in demand for student loans and auto loans, the Federal Reserve said Friday. The central bank said... Read More

Job Market Rebounded in March As Employers Added 196K to Payrolls
Economy
Job Market Rebounded in March As Employers Added 196K to Payrolls
2019-04-05 20:49:52
by Dan McCue

It may not have been March madness, but the job market rebounded strongly last month, solidly trouncing economists' expectations. The Bureau of Labor Statistics reported Friday that nonfarm payrolls grew by 196,000 jobs in March, well above the 165,000 jobs... Read More

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