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Economy

“Europe’s stagnant economy is vulnerable to a shock from China”

February 17, 2020

“Recession fears are stalking Europe again after Germany’s economy flatlined at the end of 2019. The coronavirus now threatens to slam exports to China. The German economy did not grow in the final three months of last year, setting up… Continue Reading…

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Economy

“The U.S. Treasury Just Sold 30-Year Bonds at a Record-Low Yield. Demand ‘Was Amazing.’”

February 14, 2020

“The U.S. Treasury sold $19 billion of long-term bonds with a record-low yield of 2.061% on Thursday. Not only that, but investor demand was the highest for any sale of a new bond since August 2014, according to Tom Simons… Continue Reading…

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Economy

“Federal Taxes and Spending Set Records Through January”

February 14, 2020

“The federal government set records for both the amount of taxes it collected and the amount of money it spent in the first four months of fiscal 2020 (October through January), according to data released today in the Monthly Treasury Statement.… Continue Reading…

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Economy, Personal Finance

“44% of adults admit to keeping money secrets from a partner”

February 13, 2020

“…Nearly half, or 44%, of those in a relationship admit to committing financial infidelity against partner, according to a new survey by CreditCards.com. Most often, they are spending more than they feel their significant other would be comfortable with, the report… Continue Reading…

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Economy

“Americans say they feel the current economy is the best since the late 1990s”

February 13, 2020

“Americans increasingly rate this as the best economy since the late 1990s, with a recent surge in optimism, even though many economic metrics show striking similarities to the final years of the Obama administration. Fifty-nine percent of Americans say they… Continue Reading…

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Economy

“U.S. Household Debt Exceeds $14 Trillion for the First Time”

February 12, 2020

“Total U.S. household debt rose by $601 billion in the fourth quarter from a year earlier, or 1.4%, surpassing $14 trillion for the first time, the New York Fed’s quarterly household credit and debt report showed. That’s $1.5 trillion above… Continue Reading…

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Economy, Personal Finance

“Nearly 1 in 3 American workers run out of money before payday—even those earning over $100,000”

February 12, 2020

“…For about a third of Americans, this is a regular financial stress, with 32% running out of money before their next paycheck hits, according to a new survey fielded by Salary Finance of over 2,700 U.S. adults working at companies with over… Continue Reading…

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Economy

“January adds a much stronger-than-expected 225,000 jobs, with a boost from warm weather”

February 10, 2020

“The unemployment rate ticked higher to 3.6%, but for the right reason as the labor force participation rate increased 0.2 percentage points to 63.4%, matching its highest level since June 2013, according to data released Friday by the Labor Department…… Continue Reading…

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Economy

“63.4%: Labor Force Participation… As Labor Force Grows by 574,000”

February 7, 2020

“…In January, the civilian non-institutional population in the United States was 259,502,000. That included all people 16 and older who did not live in an institution (such as a prison, nursing home or long-term care facility). Of that civilian non-institutional… Continue Reading…

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Economy

“New High of 90% of Americans Satisfied With Personal Life”

February 7, 2020

“Nine in 10 Americans are satisfied with the way things are going in their personal life, a new high in Gallup’s four-decade trend. The latest figure bests the previous high of 88% recorded in 2003… These results are from Gallup’s… Continue Reading…

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