Economic Data/News

New Year, Higher Pay: 2019 Changes Affecting Small Business

Associated Press | |

Seventeen states are raising their minimum wages Jan. 1, and a number of others will follow suit later in the year.

U.S. GDP Expected to Grow 2.6% in 2019

Jacob Maslow | |

​After seeing a 3% gain this year, the U.S.’s gross domestic product is expected to grow 2.6% in 2019, according to economists surveyed by Wolters Kluwer Blue Chip Economic Indicators.

Longest Bull Market In History Is Over

Adam Sarhan | |

The week was another brutal week on Wall Street as the small-cap Russell 2000 and the Nasdaq both fell into bear market territory. The Dow and S&P 500 also fell closer to that dreaded 20% level.

Dow Jones Industrials Slide Sharply After Fed Rate Hike


At the most recent monetary policy meeting, the Federal Reserve acted in line with market expectations and raised in base interest rate for the fourth time this year.

3rd-Quarter Growth Again Revised down Ahead of Projected Slowdown

UPI Top Stories | |

The GDP grew 3.4 percent in Q3, the Bureau of Economic Analysis said in a revised report Friday.

Guild's ​Market Summary: The U.S. Economy and Market

Guild Investment Management | |

Why has the U.S. market had such a hard time while the U.S. economy and U.S. corporate profits are so strong?

Us Stock Markets Drop Amid Interest Rates Hike and Looming Shutdown

Guardian Web | |

The major US stock markets had all dropped more than 1% by noon on Thursday, with the S&P 500 languishing at 15-month lows.

Number of Yield Curve Inversion Points Rises as the Long-Bond Yield Dives

Mish Shedlock | |

The US Treasury 5-year yield is now inverted with 3, 2, and even the 1-year treasury yield.

US Stocks Dip Again Following Several Days of Steep Losses

Associated Press | |

The benchmark S&P 500 index has slumped more than 5 percent in the last six days and is now 15 percent below the peak it reached in late September.

Assessing Yesterday's Events as Dow Swing 900 Points to New 52-Week Low

Mish Shedlock | |

In the real world, bubbles eventually matter.

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