Chrysler and Ford are reporting strong sales numbers, particularly truck sales, for June. Though manufacturing data across several other industries is down.
A Federal Reserve banker in Texas has warned the so-called 'feral hogs' of the financial markets to stop overreacting to the Federal Reserve's plans to wind down quantitative easing. What does it all mean?
Stock markets were up this morning, though data from a variety of sources indicate a only tepid economy. Juli Niemann, analyst with Smith Moore & Company, says it's precisely this bad news that is making the market rally.
U.S. home prices stayed basically flat in February according to the S&P Case-Shiller Index. Without adjusting for seasonal fluctuations, prices actually dropped 0.8 percent to reach the lowest level since 2002.
Anyone who’s filled up a gas tank recently would probably conclude there’s not enough supply and there’s too much demand, that’s why it costs almost $4 on average a gallon nationwide to fill up your tank. But when it comes to natural gas the supply demand problem is just the opposite.
With some tough economic news in the last week or so with the jobs report, and today some evidence of a slowdown in China, Wall Street is anticipating modest reports from corporations.
