While all states experienced declines, effects not distributed equally across nation; visual takes look at latest data from BEA_News, uncovering biggest declines across states & which industries were ...

Real GDP back to WW2: bottom panel shows real GDP's drawdown; current contraction is whopping 10%, 2.5 times more than contraction seen during Great Recession; GDP not projected to recapture previous ...

Out of 9 Nobel Prize laureates named in 2020, 4 are women; good quota considering that prestigious honor has only gone to women 6% of time since inception in 1901; yesterday, American poet Louise Glüc...

Consumer Comfort Index from Bloomberg for those making at least $100,000 fell to 59.5 on October 4, 4th weekly decline since 68 print on September 6; this adds downside risk to high-income zip code sp...

"Big 5" stocks dominating S&P 500 as never before (yellow); while forward P/E is as stretched as in 2000 (blue)—however, average P/E of Big 5 today much less stretched relative to 2000. ...

Initial jobless claims worst than expected at 840k vs. 820k est. & 849k in prior week (rev up); continuing claims down to 10.98M vs. 11.4M est. & 11.98M in prior week…greatest gains in MD (+3.6k), IL...

By summer 2020, number of billionaires had grown to 2,189, up from 2,158 in 2017 ... billionaires' wealth has pulled back with market's recent weakness, but still remains above 2020 lows, as noted by ...

Lots hidden beneath surface of official unemployment rates around world; economists agree that “hidden” rates are substantial, given number of individuals who are on state-subsidized furlough progra...

August consumer credit -$7.22B vs. +$14B est. & +$14.7B in prior month ... drop in revolving credit indicates that pace of spending is moderating after gains following initial reopening of certain poc...

It’s more of a “job-loss” recovery in several states ... in August, NV, PA, OH & MI had unemployment rates higher than nation as a whole & total payroll levels still far off from where they were pr...