Economy

  • France outlines 'optimistic' pledge to get economy back on track

    France on Wednesday outlined its strategy for bringing its public finances into line with eurozone rules via an anticipated economic upturn branded "optimistic" and spending cuts that face fierce opposition within the ruling Socialist party. Presenting a plan yet to be approved by the European…

    AFP
    • The Leading Economic Indicators Index points to “Recovery Summer”

      The Index of Leading Economic Indicators indicates an economy that’s accelerating. Asset prices and interest rates were positive, offset by weakness in consumer expectations about the economy.

      Market Realist
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        • UK economy picking up speed - Bank of England

          Britain's economic recovery is gaining momentum but Bank of England policymakers held different views about the amount of slack in the economy and the medium-term inflation outlook, minutes from their April 9 meeting showed. The Bank expects the economy grew by 1 percent in the first three months…

          Reuters
          • The Chicago Fed National Activity Index: Economy growing on trend

            The Chicago Fed National Activity Index isn’t really a market-moving index, but it is a good top-down view of how the economy is generally performing.

            Market Realist
            • China factory activity shrinks for fourth month

              By Kevin Yao BEIJING (Reuters) - China's factory activity shrank for the fourth straight month in April, signaling economic weakness into the second quarter, a preliminary survey showed on Wednesday, although the pace of decline eased helped by policy steps to arrest the slowdown. "It's generally…

              Reuters
              • San Antonio’s foreclosure rates continue to outshine national stats - San Antonio Business Journal

                Jeff Turner | cc-licensed http://flic.kr/p/4SoKPb San Antonio's housing market is faring better than the national economy, according to a new report by CoreLogic. Once again, San Antonio’s housing market is proving its mettle over the national landscape. As of February 2014, 0.8 percent of all…

                San Antonio Business Journal from RSS
                • Obamacare Nightmare is Just Beginning Now

                  The Real Obamacare Nightmare is Just Beginning Last Thursday, the Obama administration said that a total of eight million Americans had signed up for Obamacare. In a hastily called press event, President Obama spiked the football, took a victory lap around the White House and declared the…

                  ValueWalk from RSS
                  • Summers: Economic pickup could come on unstable ground

                    The economy may accelerate this year but could spur asset bubbles at the same time, said former Treasury Secretary Lawrence Summers in an interview with MarketWatch.

                    MarketWatch
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                      • Strong durable goods orders buoy U.S. growth outlook

                        Orders for long-lasting U.S. manufactured goods rose more than expected in March and a measure of business capital spending plans surged, bolstering views of an acceleration in growth in the second quarter. ...

                        Reuters
                        • Britain's budget gap narrowest since financial crisis

                          Britain's hefty budget deficit has fallen to its lowest since the financial crisis, official data showed on Wednesday, helping the government argue it is delivering on a key economic pledge a year before a national election. The Bank of England, meanwhile, indicated it was not hurrying to raise…

                          Reuters
                          • Jobs v. Loopholes

                            7 Tax Loopholes the GOP Loves to Love In less than two weeks the very damaging across the board "sequester" cuts will kick in unless Republicans agree to

                            thinkprogress.org from RSS
                            • Federal Reserve on course for further $10bn taper - FT.com

                              The US Federal Reserve is highly likely to slow its asset purchases by another $10bn next week as the economy shakes off its winter torpor. Yellen rate-rise stumble dampens Asian markets Editorial Yellen should look beyond the US Yellen warns inflation may lag recovery

                              Financial Times from RSS
                              • Fewer Americans Apply for Mortgages, Refinancing - DailyFinance

                                NEW YORK -- Applications for U.S. home mortgages fell last week as both purchase and refinancing applications slipped, an industry group said Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home…

                                DailyFinance.com from RSS