It seems at first glance that firms should be finding it harder, not easier, to attract skilled workers. The Fiscal Times reports.» Read More
July 22- Rising tensions between Russia and the West are doing what central bankers can't or won't: scare investors. The U.S. blames the destruction of a Malaysian Airlines jet on pro-Russian fighters armed by Russia, and EU and U.S. officials are threatening stronger sanctions on Russia, contributing to a spike in volatility and a fall in most risky assets.
Arthur Brooks, AEI president, shares his thoughts on the geopolitical and economic landscape, including increasing the minimum wage.
WASHINGTON— The Labor Department reports on U.S. consumer prices in June. The report is scheduled to be released at 8:30 a.m. EDT Tuesday. PRICES UP: The expectation is that prices rose 0.3 percent in June, according to a survey by data firm FactSet.
WASHINGTON— The National Association of Realtors reports on existing home sales in June. Mortgage rates have come down this year, with 30- year mortgages standing at 4.12 percent last week, according to the Freddie Mac survey.
NEW YORK, July 21- There are many reasons to be optimistic about the recent drop in long-term unemployment, Federal Reserve economists said in a paper published on Monday, the latest evidence helping to put to rest a debate that gripped the U.S. central bank earlier in the year.
Despite the shadow of geopolitics, major earnings reports and key reports on inflation and home sales could produce a back to business Tuesday.
John Hailer, Natixis Global Asset Management president & CEO, weighs in on Janet Yellen's statement that she is sticking to the Greenspan-Bernanke policy and will not use interest rates to curtail asset bubbles, and discusses if he sees any bubbles right now.
WASHINGTON, July 21- The share of U.S. companies raising wages more than doubled in the three months to July from a year ago, a survey showed on Monday, suggesting a faster pace of wage growth.
NEW YORK, July 18- Investors worldwide poured $6.2 billion into stock funds in the week ended July 16, encouraged by strong corporate earnings and big potential merger deals in the United States, data from a Bank of America Merrill Lynch Global Research report showed on Friday.
With geopolitical events weighing on the market, this is where Morgan Stanley Wealth Management's Andrew Slimmon would put his money.
Data from the biotech sector appear to refute Janet Yellen's remarks about stock valuations, ISI Group's Mark Schoenbaum says.
Mark Schoenbaum, ISI Group, explains why his views differ from Janet Yellen on whether the biotech sector is forming a bubble.
Geopolitical events like what's happening in Ukraine and Gaza can be market movers but still take a back seat to the biggest influence of all.
The Fed said some assets are overvalued, but we are unlikely to see tighter rates to nip bubbles for now. Financial Times reports.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
*Gold jumps 1.5 pct overnight after airliner downed. LONDON, July 18- Gold dropped on Friday, set for its first week of decline in seven on fears of higher U.S. rates and as investors took profits after a 1.5 percent jump on the downing of a passenger plane in eastern Ukraine.
New York, July 18- Lower Manhattan's economy is set to take-off. The massive developments are bringing back jobs lost as a result of the attacks on the World Trade Center, which killed 2,753 people. A lot of construction work is still underway in the area, with the noise of drills and heavy equipment reverberating off the high rises around the World Trade Center site.
LONDON, July 18- Gold dropped on Friday, set for its first week of decline in seven on fears of higher U.S. rates and as investors took profits after a 1.5 percent jump on the downing of a passenger plane in eastern Ukraine.
WASHINGTON— Declaring the Great Recession only partly to blame, White House economists say the increasing number of Americans dropping out of the labor force dampens economic growth and demands policy changes that create more job opportunities and add workers.
The government should not expect an influx of workers, a Fed official said, raising a point that goes against the view of Fed Chair Janet Yellen.