News & Events

GDP Growth Slows But Doesn’t Shrink
The advance estimate of GDP for the first quarter was an annual rate of 1.4%. That there would be a drop from the 3.4% rate in the fourth quarter...

U.S. Outlook Remains Bright Despite Weak Q1 GDP, Says BMO’s Yung-Yu Ma
U.S. first-quarter gross domestic product growth was only 1.6%, far weaker than the 2.6% growth that investors had been expecting, and inflation as measured...

Scottish Leader Ditches Green Party Alliance, But It Won’t Help The Economy
pm EDT After years of questionable economic policies the leader of the Scottish government has made a bold move. But it likely won’t be enough to help the country prosper. Scotland’s First Minister...

US pending home sales jumped in March, beating expectations by a mile
Washington CNN  —  Home sales based on contract signings jumped in March despite elevated mortgage rates that month. Pending home sales — a forward-looking indicator based on contract signings...

Dow Plunges 700 Points—Worst Day In 14 Months As Disappointing GDP Report Accelerates Stagflation Fears
am EDT Topline A poor economic report and alarm over corporate earnings sent markets into a tizzy Thursday, as anxiety about a suffocating economic scenario threw a wet blanket on recent stock...

Dow sinks 680 points after GDP report shows a slowing economy amid stubborn inflation
New York CNN  —  US stocks sank Thursday morning after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than expected. The...

Q1 GDP Commentary from MBA's Joel Kan
Share to The following is MBA VP and Deputy Chief Economist Joel Kan’s reaction to this morning’s U.S. Commerce Department report on Q1 GDP: -- “GDP growth in the first quarter at 1.6...

The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
The economy slowed more than expected early this year as weaker business stockpiling and exports offset solid consumer spending and a flurry of housing construction. The nation’s gross domestic...

US economy slowed more than expected in the first quarter, to a 1.6% rate
Washington CNN  —  The US economy cooled more than expected in the first quarter of the year, but remained solid by historical standards. Economic...

Believe It Or Not, The World Is Lurching Toward A New Gold Standard
No monetary system today is held in such contempt among almost all economists and financial officials as the gold standard. The U.S. was on one for 180 years until the early...