Fed's Barkin: Business sentiment has picked up in some ways, but not yet on the hiring side

In his monograph “A Short History of Financial Euphoria”, economic historian John Kenneth Galbraith observed, "For practical purposes, the financial memory should be assumed to ...

Due to speak at the White House, in Washington DC

For many years, China was widely viewed as a fast follower, leveraging access to foreign technology, expanding its manufacturing capacity, and competing primarily through cost ...

In another inflation shocker – services again! – the Producer Price Index Final Demand for Services exploded by 1.08% in July from June (+13.8% annualized!), the worst since March ...

Gold futures dropped after a strong PPI report raised inflation concerns and lowered the market-implied probability of a September rate cut, leading to a sell-off in the precious ...