The same economic factors that brought Rockwell Automation Inc.'s sales and earnings down in its fourth fiscal quarter don't show any signs of improving in the first half of fiscal 2016.
"People's confidence that the consumer can somehow offset this industrial recession that we've had is really being shaken to the core with the disappointing numbers from some of these major retailers" - James Abate, CIO of Centre Funds.
Oil slumped again on Friday, extending the week's loss to the largest in eight months, as swelling storage of crude on both land and sea pressured prices.
This summer's market mayhem caused Americans to buy gold bars and coins at levels unseen since the financial crisis.
So many of the exact same patterns that we witnessed just before the stock market crash of 2008 are playing out once again right before our eyes.
What do you say to people that have completely lost all hope that things will ever get any better?
Over a third of America's young women live at home with their parents or relatives - a percentage not seen since 1940 - as more millennial women put off marriage, attend college, and face high living expenses, according to Pew Research Center.
"Keeping the Dying Economy Afloat": Something Very Strange Is Taking Place Off The Coast Of Galveston, TX
Bonds are back in town and stocks are tumbling.
In the first of 6 Fed speaker scheduled today, St. Louis Fed's Bullard did what Fed presidents usually do: issued the usual tripe of contradictory statements.
Bond traders' inflation expectations are way too low, say analysts at Goldman Sachs Group Inc.
The stronger dollar and a persistent slump in demand from China rekindled a selloff in commodities, while Mario Draghi's signal that he's concerned about global growth weighed on equities from Europe to America.
Former US Comptroller General Dave Walker says the US debt is actually three times more than the $18 trillion we see in the media, yet the NYT's favorite economist Paul Krugman still believes the real problem is not enough spending! How much is enoug
In a 91-3 vote, the Senate has approved the revised military spending bill for 2016 that was also passed by the House last week. The bill offered less than 1% cuts from the previous bill and retained restrictions on releasing Guantanamo Bay detainees
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen is stressing the need to review the unconventional monetary policies that central banks around the world deployed in response to the 2008 global financial crisis.
While the government and mainstream media keep telling us, "The economy is improving, the economy is improving!" we keep getting news like this from the New York Times:
Podcaster and author James Altucher recently stopped by Business Insider to talk about his provocative blog post about whether or not owning a home is a smart investment.
The last 3 days have seen the biggest surge in US energy credit risk since December 2014, blasting back above 1000bps.
2-Mile Long Stretch Of Iraq Oil Tankers Headed For The U.S.
Marriage and Kids, Who Can Afford Them?
Pocketbook Pain: The Rapidly Rising Cost Of Living Is Absolutely Killing The Middle Class In America
Last week Federal Reserve Chair Janet Yellen hinted that the Federal Reserve Board will increase interest rates at the board's December meeting.
Before the Monday, Aug. 24, thousand-point down day, I warned readers of my investment letter to be ready for the market to correct, quite possibly via an "elevator drop" and to get ready to buy stocks on our list of attractive companies.
The US Dollar rally, combined with the ECB's policies and the Fed's hint at raising rates in December, is at risk of blowing up a $9 trillion carry trade.
(Truthstream Media) The Federal Reserve remains the 800-pound gorilla. Its moves are of enormous consequence to the economy, and their interests are at odds with those of ordinary Americans.
Big banks better start looking under the couch cushions. They need to come up with $1.2 trillion to fortify themselves from the next financial meltdown.
Low oil prices could lead to global fuel shortages in the future, the International Energy Agency has warned.
Who struggles with a strong dollar?
As president, my top priority is to grow our economy and strengthen the middle class. When I took office, America was in the middle of the worst recession since the Great Depression --
The United States is apparently fuming over the recent blows to the dollar, as a strengthening yuan is rousing a heightened response.