Daily Economy News
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Cheap Oil Won’t Suppress Cost of Living For Long
It’s been a recurring storyline in the last couple of years: Plunging energy prices are pushing down the cost of living. But there’s a good reason why you shouldn’t expect to keep seeing it.
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June Rate Increase Is Still A Likely Scenario
As widely expected, the Federal Reserve did not raise interest rates at its meeting today. The market is anxious for any signals of the Fed’s policy direction in the near future.
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Negative Interest Rates Could Spur Risky Lending
In its most recent monetary policy move, the European Central Bank lowered interest rates further, taking one of its main policy interest rates – the rates the central bank has the authority to set – deeper into negative territory. As my colleague, Jia Liu, explained earlier, the Federal Reserve is not likely to introduce negative…
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Economic Expansion Grows More Vulnerable
Economic growth in this country has become somewhat more vulnerable, according to the new March edition of Business Conditions Monthly, out today from the American Institute for Economic Research.
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The Increasing Allure of Staying Put
Our Patrick Coate discussed the factors that are causing Americans to increasingly stay put during an interview with Wharton Business Radio on Wednesday.
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Money School Helps Abuse Survivors Manage Finances
Money School, which helps give survivors of domestic abuse and sexual assault the skills they need to manage their finances independently, is returning in the weeks ahead.
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A Chart That Captures the Skyrocketing Cost of College
My colleague, Patrick Coate, recently highlighted a story by Inside Higher Ed that discussed the relationship between the availability of student aid and the rising cost of a college education. But just how high has that cost gone, relative to other expenses borne by American families?
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Stronger Jobs Gains, But Likely Not Enough for Fed
The latest jobs report from the Bureau of Labor Statistics, released this morning, shows improved job creation in February and employee earnings growth in line with recent trends. But the reduction in manufacturing jobs is worrying. Given these mixed signals, the report is not likely to give the Fed reasons for raising rates later this…
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Americans Are Moving Less, As Cities Get More Similar
Internal migration – Americans moving from one area to another – has fallen significantly over the last three decades, according to my new research brief, released today by the American Institute for Economic Research.
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The Economy Shows Signs of Strengthening
After a nervous couple of weeks, this week’s new economic data look more upbeat, and the stock market appears to be rejoicing a bit as well.
-
•
Cheap Oil Won’t Suppress Cost of Living For Long
It’s been a recurring storyline in the last couple of years: Plunging energy prices are pushing down the cost of living. But there’s a good reason why you shouldn’t expect to keep seeing it.
-
•
June Rate Increase Is Still A Likely Scenario
As widely expected, the Federal Reserve did not raise interest rates at its meeting today. The market is anxious for any signals of the Fed’s policy direction in the near future.
-
•
Negative Interest Rates Could Spur Risky Lending
In its most recent monetary policy move, the European Central Bank lowered interest rates further, taking one of its main policy interest rates – the rates the central bank has the authority to set – deeper into negative territory. As my colleague, Jia Liu, explained earlier, the Federal Reserve is not likely to introduce negative…
-
•
Economic Expansion Grows More Vulnerable
Economic growth in this country has become somewhat more vulnerable, according to the new March edition of Business Conditions Monthly, out today from the American Institute for Economic Research.
-
•
The Increasing Allure of Staying Put
Our Patrick Coate discussed the factors that are causing Americans to increasingly stay put during an interview with Wharton Business Radio on Wednesday.
-
•
Money School Helps Abuse Survivors Manage Finances
Money School, which helps give survivors of domestic abuse and sexual assault the skills they need to manage their finances independently, is returning in the weeks ahead.
-
•
A Chart That Captures the Skyrocketing Cost of College
My colleague, Patrick Coate, recently highlighted a story by Inside Higher Ed that discussed the relationship between the availability of student aid and the rising cost of a college education. But just how high has that cost gone, relative to other expenses borne by American families?
-
•
Stronger Jobs Gains, But Likely Not Enough for Fed
The latest jobs report from the Bureau of Labor Statistics, released this morning, shows improved job creation in February and employee earnings growth in line with recent trends. But the reduction in manufacturing jobs is worrying. Given these mixed signals, the report is not likely to give the Fed reasons for raising rates later this…
-
•
Americans Are Moving Less, As Cities Get More Similar
Internal migration – Americans moving from one area to another – has fallen significantly over the last three decades, according to my new research brief, released today by the American Institute for Economic Research.
-
•
The Economy Shows Signs of Strengthening
After a nervous couple of weeks, this week’s new economic data look more upbeat, and the stock market appears to be rejoicing a bit as well.