Economic News
Daily Data Flow: Stocks Drop on Energy, Financials; Growth in Service Sector at Seven-Month Low; Oil, Dollar Fall
Falling financial and energy stocks today dragged down U.S. stocks, pulling the S&P 500 down from its recent...
Daily Data Flow: Stocks Rise on Factory Orders; Auto Sales Strong in March; Dollar Rebounds from Low against Yen
Today, U.S. stocks rose, thanks in part to factory orders surpassing estimates and concerns over Cyprus and the...
Daily Data Flow: Manufacturing Data Lowers Stocks; Corn Supply up, Prices down; Dollar, Euro Fall against Yen
U.S. manufacturing grew less than predicted last month, according to a new report, and that news sent stocks...
Eagle Eye Opener: U.S. Consumer Spending Rises by Most in Five Months; Tremendous Market Risk Lies Aheard, Expert Warns; IPOs Raise $20 Billion in First Quarter 2013
U.S. consumer spending rose in February by the most in five months as incomes increased, indicating an improving...
Daily Data Flow: S&P 500 Reaches Record Highs; Student Loan Debt an Increasing Problem; Nikkei Falls on Profit Taking
Data showing that economic growth slowed less than predicted and that concerns about Europe were easing were partially...
Daily Data Flow: Stocks Drop Slightly; Twitter Welcomes High Ad Revenue; Chinese Banks Boost Hong Kong Stocks
Concerns over Europe's debt crisis, as exemplified by the Cyprus affair, lowered today, but not enough to result...
Daily Data Flow: Stocks Rebound on Good Data; Strong Housing Numbers; Cyprus Worries Keeping Euro Down
Thanks to forecast-beating durable goods orders in February and the biggest increase in home prices since 2006, U.S....
Words of Wisdom from Wayne: Americans Regaining Confidence in Homes and Market But Not Economy
Results of the most recent CNBC All-American Economic Survey indicate that 33 percent of Americans expect their home...
Daily Data Flow: Cyprus Bank Deal Hits U.S. Stocks, Russian Investors, Euro
Investor optimism fell in the aftermath of Cypriot banks reaching a deal, causing U.S. stocks to fall for...
Daily Data Flow: Europe Fears Shrink Stocks; Manufacturers Look to Mexico; Cyprus Crisis Lowers Euro
As Cyprus rejected an unpopular bank levy, fear about Europe's debt crisis managed to increase, sending U.S. stocks...