Stimulus payments from the second pandemic relief package were received in January and February, stirring economic activity and increasing personal incomes and expenditures. Some economists, however, believe that the rise in incomes and ...
A growing number of U.S. workers are calling in sick to work as the fear of COVID infections has escalated for the past few weeks. The number of days that workers have missed ...
The Federal Reserve acts as a separate and individual entity from the U.S. government. It has the ability to create and manage its policies for the benefit of the U.S. financial system. Large ...
Even before the pandemic materialized, banks and finance companies were already starting to tighten lending standards. The low rate environment for the months leading up to the pandemic culminated into a flurry of ...
Equity indexes were nearly unchanged in January following volatility that drove prices higher and lower throughout the month. Market performance for prior Januarys have historically been acknowledged as an indicator of where markets ...
Speculative trading among smaller retail investors raised concerns about how social media is influencing individual stock valuations. Recently popularized social news aggregation and discussion websites are driving frenzied trading behavior among inexperienced young ...
Confidence among workers to freely leave and quit their current job has historically been an indicator of the current condition of the labor market. As COVID-19 took its toll on the economy with ...
Work habits and patterns have not only changed in the United States but have also been altered in Europe, where work at home has become vastly commonplace. For many, the home office has ...
Even though traditional government data has current inflation at 1.2%, consumers have a different perspective with higher inflation expectations. The Federal Reserve Bank of New York tracks and maintains consumer inflation expectations every ...
Spending at stores essentially stalled in late March and April, as restrictions imposed to confront the spread of COVID-19 took its toll on the retail sector. The inability of consumers to spend freely ...