STORY HIGHLIGHTS
Economic Confidence Index slips to -12, from -6 in July and +2 in AprilRatings of current economy stable; more see economy getting worse...
U.S. investors cut their use of leverage in July, marking the first month since the onset of the pandemic that saw a reduction in the use of margin debt to buy securities like stocks, potentially a warning sign for markets buoyed by heavy use of borrowed money.
The number of Americans applying for unemployment benefits rose for the first time in five weeks even though the economy and job market have been recovering briskly from the coronavirus pandemic.
A developing economic crisis in Afghanistan is adding a fresh layer of turmoil in the country.
Why it matters: “he value of the Afghan currency could...
The U.S. income tax system is “very progressive,” and it’s increasingly taking on the role of providing social benefits to households, according to the Tax Foundation.