A rapidly growing list of reports shows a U.S. economic recovery that’s far stronger than most had anticipated just months ago. And both deflation and inflation seem less likely to explode. All this is boosting the dollar — an…
The 0.7% increase in business inventories in October was less than expected, but it still represents the ninth straight monthly rise. The best news: Sales are rising at a slightly faster pace than inventories, so more growth vi…
The deficit grew to a higher-than-expected $150.4 billion in November as government spending increased for the month. But November brought some bright spots as well: Federal revenue also grew at a higher rate in November, which…
Nearly half of Americans in a recent poll believe China has surpassed America as having the strongest economy in the world, and more than half blame outsourcing and the loss of manufacturing jobs for the shift.
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The dismal November jobs report has commentators pointing derisively to a “jobless recovery.” But investors shouldn’t overreact: Employers have historically held off on hiring when the stock market has been volatile.
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