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Zacks News
Sluggish GDP Growth Ahead of Yellen at Jackson Hole
by Mark Vickery
Fed Chair Janet Yellen speaks this morning from the FOMC meeting in Jackson Hole, WY in what has become a much-anticipated statement on the health of the economy.
Market's Hesitant Ahead of Ecomomic Reports
by Brian Hamilton
This week's unemployment report will be key to the Fed's rate hike decision
AWS 8/30: Apple MIght Get A Big Tax Bill
by Brian Hamilton
The European Commission ruled against Apple regarding their tax situation with Ireland.
AWS 8/31: Markets Waiting on Unemployment Data
by Brian Hamilton
The unemployment data will either strengthen or weaken the Feds rate hike decision.
AWS 9/1: Jobless Claims Lower Than Expected
by Brian Hamilton
Claims rose by only 2,000 to 263,000 which was below the expected 265,000.
AWS 9/2: Markets Awaiting the Unemployment Data
by Brian Hamilton
The unemployment rate is expected to drop to 4.8% from 4.9%.
Big Slide in Friday Futures. But Why?
by Mark Vickery
RTate hike fears are making headlines, but common wisdom has yet to come around to a rate-hike inevitability prior to this November's General Election.
Big Data Dump Before Opening Bell
by Mark Vickery
Retail Sales, PPI, Jobless Claims, Philly Fed and Empire State results all were posted before regular trading began today.
Core CPI Over 2% for 10 Straight Months
by Mark Vickery
Headline CPI was +0.2%, ex-food & energy reached +2.3% -- the 10th straight month core CPI has been over 2%.
Housing Starts, Permits Down in August
by Mark Vickery
August Housing Starts fell 5.8% (annualized), while Building Permits were down 0.4%.