McGladrey

Initial jobless claims increased by 6,000 over last week, according to Department of Labor data released Thursday morning. 278,000 people filed for unemployment insurance for the first time last week. Estimates pegged the number at 271,000. The four-week moving jobless claim fell 1,750 to 207,250....

USA ADP Employment Change for September read 200,000 versus 194,000 consensus estimate. The prior reading was 190,000. Investors, analysts await Friday's Non-Farm Payroll report. The U.S. government reported its employment change data on Wednesday that helped jolt the equity market...

After plenty of anticipation, the FOMC has finally met, ultimately deciding to keep interest rates unchanged and at record lows. The Fed cited a few reasons behind this decision, including the sluggishness in the global economy, low inflation in the United States and recovering housing and labor...

Last Friday, CCTV's Michelle Makori spoke with McGladrey's Chief Economist Joe Brusuelas about the global market selloff. Why Are We Seeing A Global Selloff? Brusuelas explained that what the market is seeing is “a reaction to the secular slowdown in overall Chinese growth, and...

U.S. House Speaker John Boehner threw his support behind efforts in Congress to end the decades-old ban on crude oil exports on Thursday. The United States prohibited itself from selling oil to foreigners – with some exceptions – during the 1970s, at a time when policymakers wanted to...

It's safe to say that Chinese markets are in the midst of a crisis. And that's probably the only thing safe about the country's economy right now, which some are comparing to the United States circa 1929. The Shanghai Composite Index has plummeted 28 percent since mid-June, after 150 percent...

Friday morning, Wall Street’s eyes will collectively be fixated on the April employment report due out at 8:30 a.m. ET. After a disappointing March number, the April jobs report could provide some clarity about the timetable for the Federal Reserve’s first interest rate hike. Here...