U.S. Bureau of Economic Analysis

In a note released on Friday morning, O’Neil Securities Director Kenny Polcari discussed the state of the U.S. stock market and next week’s critical U.S. GDP number. Polcari believes that the U.S. Bureau of Economic Analysis will be reporting a strong GDP number next week, one way or...

QSR predicted it. Wall Street apparently confirmed it. The government shutdown is hurting restaurants, and as a result, restaurant stocks. Leading decliners at noon on Wednesday were Frisch’s (NYSE: FRS), down more than four percent, Brinker International (NYSE: EAT) down almost two percent,...

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The trade deficit fell 11 percent as imports fell more than exports. While a drop in imports adds to GDP, as imports are a subtraction from domestic economic output, it could signal companies may desire to keep inventories low if they expect weaker sales ahead. The 0.4 percent dip in retail sales...