The numbers: Orders at U.S. factories for long-lasting goods fell flat in July because of a big drop in military contracts, but a key weathervane of business investment rose in a Read more
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Retail sales fall flat, but for a good reason: Cheaper gas
The numbers: Sales at U.S. retailers fell flat in July, but largely because of falling gas prices and fewer purchases of new cars and trucks. Sales were stronger at other Read more
Opinion: Inflation report brings 2 pieces of good news for retirees and retirement savers
Retirees and those seeking secure income got two items of very good news this week, though you may only have heard about one. July’s inflation came in below fears (although Read more
Fed’s Kashkari says July CPI is ‘first hint’ of possible good news on inflation
The July consumer price data released Wednesday is the “first hint” that U.S. inflation might be slowing but doesn’t obviate the need for higher interest rates, said Minneapolis Fed President Read more
‘She’s going to spend every nickel’: My grandmother inherited $250K. She promised to buy stuff for all our family. How do I stop her wasting her good fortune?
My great-grandmother recently passed, and while she did not have much, her home just sold for about $700,000. The property has about $200,000 due in back taxes and fees, so Read more
American attitudes about whether it’s a good time to buy a home just hit the lowest level in a decade, another sign of a slowdown in the housing market
Both prospective home buyers and sellers are backing off from the U.S. housing market, a new survey shows. Their anxiety over higher mortgage rates and a softening market was registered Read more
‘Arguably, it is the best time ever to be a teen in search of summer work’: Why the July jobs report is good news for young workers
By many measures of teen employment this summer, the July jobs report shows the kids are alright. Actually, better than that. “Arguably, it is the best time ever to be Read more
Good news on climate change? Great Barrier Reef has most coral in 36 years
Two-thirds of Australia’s Great Barrier Reef recorded the highest amount of coral cover in nearly four decades, a development cheered around the world but one that shouldn’t overshadow how vulnerable Read more
Apple’s enviable cash hoard is dwindling — and that’s surprisingly good news for the stock price
Apple’s cash position is plunging, and that’s positive for both the business and the company’s shareholders. Yet many investors and Wall Street analysts see signs of trouble that Apple’s AAPL, Read more
July jobs report is good news for those seeking a pay raise
Will more jobs mean higher wages? The government’s latest jobs report showed the U.S. economy gained 528,000 jobs last month, with the unemployment rate falling to 3.5% from 3.6% the Read more