One measure of how the U.S. economy continues to exceed expectations is the Economic Surprise Index published by Citigroup, which is used to measure how the economy compares to those expectations. At the moment at least, it reflects the ebullience reported elsewhere.
Just as Washington is revving up to impose limits on "tax inversions" on corporations seeking tax havens in other countries, along comes this study to show just how uncompetitive the United States already is.
The employees' strike and customer boycott against the Market Basket supermarket chain was ended with the reinstatement of CEO Arthur T. Demoulas after he bought control of the company from his cousin.
The Federal Reserve Bank will keep suppressing interest rates to near-zero rates for more than a year, according to Federal Open Market Committee meeting minutes released August 20, despite talk about an “eventual normalization of the stance and conduct of monetary policy.”
Employees on strike from Market Basket over the firing of CEO Arthur T. Demoulas were given until Friday to return to work or be replaced.
The maker of little Zen Magnets has decided to challenge the Consumer Product Safety Commission in a duel to the death.
Tread carefully when parsing the latest jobs report from the Bureau of Labor Statistics. The real picture is much different from the headlines.