–Not much. They're actually down this month. –OK, well, what are capital goods, anyway? –They're durable goods. –So what the heck are dura…
Capital goods are the things that companies buy to make stuff. Like factories, machinery, tools, equipment, and buildings. Unfortunately, compani…
European consumer confidence dropped the most in 20 years this month. The European Commission said the decline was steeper than the one after…
It's higher, that's what. And that's good news (maybe!). The Baltic Dry tracks the cost of shipping, and a 16 percent bump in the Index has jazze…
A final note. Coffee prices have been percolating up for almost a year and a half now. But it looks like the cost of your morning brew might have…
Banks lent more money in the last quarter, the FDIC said in a press release today. Total loans and leases increased by 0.9 percent, $64.4 billion…
Try Kyrgyzstan. At least one major foreign-run gold mining operation had its license suspended there, another was slapped with a $5 million fine,…
Some good news on international trade from Egypt, home of the Suez Canal….
I'm still on the fence on the issue of whether we should spend our way out of the economic doldrums or cut back and save, to prevent even more…
A final note. There's an old saying in business: "You can try putting lipstick on a pig, but it's still a pig." Well, maybe it depends on what c…
