Tablet Market to Rebound (Slightly) in 2018
Tablet sales are expected to drop nearly 10% this year, but two years from now the detachables market could reinvigorate the category.
Online Lender Avant Cuts 7% of Workforce
The layoffs are another sign of upheaval in the online lending sector as investors have turned negative on funding firms.
Pumped: CPI Lifted by Gas Prices
Energy prices rose 3.4%, including an 8.1% increase in the amount consumers paid for gasoline.
Did Treasury Target Pfizer-Allergan Inversion?
The Obama Administration and the Allergan CEO disagree about whether the government wanted specifically to kill the giant drug merger.
Online Lender SoFi Launches Hedge Fund
The startup aims to attract investors that don’t want to buy its whole loans or asset-backed securities directly.
Is the U.S. Manufacturing Slump Easing?
At least half of the 18 industries tracked by the ISM expanded in February — the first time since August.
Producer Prices Drop 0.2% in December
The weak PPI data suggests inflation will not increase enough for the Fed to raise interest rates again this spring.
Existing Home Sales Drop in October
But total housing inventory at the end of last month was 4.5% lower than one year ago, according to the NAR.
Consumer Prices Rise Slightly in October
Core prices grew 0.2%, driven by price increases in medical care, lodging, and airline fares.
Service Industries Offset Manufacturing Slump
A non-manufacturing benchmark shows service providers unexpectedly expanded in October at the second-fastest pace in a decade.
Consumer Spending up Only 1% in September
With income, consumption, and inflation trending lower, the prospects for an interest-rate hike next month may be dimming.