For the second time in three months and the sixth time this year, new-vehicle retail sales in November are expected to slip from year-ago levels, according to a monthly sales Continue Reading
Some semblance of stabilization in the energy sector has resulted in a net positive for the state of the Texas economy, a regional banker said. The Federal Reserve Bank of Continue Reading
We have been hearing a great deal about IMF concerns recently, after the release of its October 2016 World Economic Outlook and its Annual Meeting October 7-9. The concerns mentioned Continue Reading
Low commodity prices, weak confidence drag down growth Nigeria’s economy forecast to contract 1.7% this year The International Monetary Fund has cut its 2017 economic growth forecasts for Africa’s two Continue Reading
Commodities drop as oil retreats from three-month high India’s rupee advances after the RBI cuts interest rates The dollar strengthened as hawkish comments from a Federal Reserve official spurred wagers Continue Reading
Household incomes surged last year in the US, suggesting American middle class fortunes are improving in defiance of the dark rhetoric that has dominated the presidential election campaign. A strengthening labour Continue Reading
After months of conflicting signals and economic uncertainty, it became clear on Friday that the American jobs machine has moved back into high gear. A report from the Labor Department Continue Reading
As Federal Reserve officials anxiously scan the aftershocks of the Brexit vote in the coming days, the reaction of the US dollar in currency markets will be front and centre Continue Reading
Lingering strains for a weak oil economy means the Texas city of Houston may be on the brink of recession, a report from a federal reserve bank said. Houston hosts Continue Reading
The Federal Reserve is expected to keep interest rates unchanged on Wednesday and signal if it still plans to raise rates twice in 2016 amid concerns about a U.S. hiring Continue Reading
