04/26/24 09:40AM - The primary Federal Reserve inflation gauge came in too hot for near-term rate cuts in March, but not as bad as feared. The S&P 500 opened solidly higher, largely holding onto gains after an overnight rally on earnings news from Google …more…

04/25/24 01:17PM - There’s no way of learning to manage people other than by direct observation of those who do it well. It is time to deflate the hot-air balloon known as remote work. We have lurched, in an almost lemming-like way, from a view that work is done …more…

04/25/24 08:53AM - President Biden has been the regulator-in-chief since he took office, but lately he is taking it to a whole new level. According to the American Action Forum's regulatory tracker, Biden has imposed nearly $1.4 trillion of regulatory costs …more…

04/25/24 06:30AM - The only way to address the primary driver of high shelter costs is to build more apartments and houses. High interest rates prevent that. It may seem counterintuitive to suggest that today’s high interest rates will fuel shelter inflation down …more…

04/25/24 06:30AM - It would make imports more expensive and inflation harder to control, and it wouldn't promote exports as well as other policy options. According to Politico, the details have not been fully worked out. However, possible tactics include weakening …more…

04/25/24 12:01AM - Let's just call this what it is another gimmick for Congress to escape its own budget limits and avoid having a conversation about tradeoffs. This week, Congress moved closer to passing four separate bills with $95 billion in funding for …more…

04/26/24 10:00AM - Sentiment has remained essentially unchanged since January 2024, continuing the plateau that followed the large gains seen at the end of 2023, according to the University of Michigan Surveys …more…

04/26/24 08:30AM - Personal income increased $122.0 billion (0.5 percent at a monthly rate) in March, according to estimates released today by the Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI), personal income less personal …more…

04/25/24 11:00AM - The month-over-month composite index was -8 in April, down from -7 in March and -4 in February. The composite index is an average of the production, new orders, employment, supplier delivery time, and raw materials inventory indexes. …more…

04/25/24 10:00AM - Pending home sales in March climbed 3.4%, according to the National Association of REALTORS®. The Northeast, South and West posted monthly gains in transactions while the Midwest recorded a loss. Year-over-year, the Northeast and South …more…

04/25/24 08:30AM - Real gross domestic product (GDP) increased at an annual rate of 1.6 percent in the first quarter of 2024 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2023, real GDP …more…

04/25/24 08:30AM - Nonmanufacturing activity in the region expanded overall this month, according to the firms responding to the April Nonmanufacturing Business Outlook Survey. The indexes for general activity at the firm level, new orders, and sales/revenues were …more…

04/25/24 08:30AM - In the week ending April 20, the advance figure for seasonally adjusted initial claims was 207,000, a decrease of 5,000
from the previous week's unrevised level of 212,000. The 4-week moving average was 213,250, a decrease of 1,250 from
the …more…