Economics

Social Security COLA for 2019 Is 2.8 Percent, or $40 a Month

Starting in January, the 62 million Americans receiving Social Security will get a cost of living adjustment (COLA) in their benefit checks of...

Bob Adelmann November 19, 2018

White House Issues Attack on Socialism in Response to Sanders’ “Medicare for All”

Bob Adelmann October 26, 2018

President Trump’s Council of Economic Advisors released a 72-page report explaining the dangers in enacting Bernie Sanders’ socialist healthcare takeover called “Medicare for...

California Middle Class Disappearing

Warren Mass October 25, 2018

Middle class California residents — who are no longer able to afford living there — are leaving the state in large numbers, fleeing...

Jobless Claims Fall Again; Impact on Midterms?

Bob Adelmann October 22, 2018

Especially considering the low unemployment rates, momentum is shifting toward Republicans in the midterms, but Independents will determine the outcome. ...

Trump and the Fed: The Real Issue Is the Power of the Federal Reserve

Steve Byas October 12, 2018

Should a private monopoly have the kind of power exercised by the Federal Reserve System? ...

Lack of Infrastructure Slows Oil Production in Texas’ Permian Basin

James Murphy October 2, 2018

The Permian Basin in West Texas is producing vast amounts of oil, but a lack of infrastructure threatens the profitability for some companies. ...

Last U.S. Flatware Maker Expects Boost From Trump Tariffs

Warren Mass September 25, 2018

Thanks to the Trump tariffs on Chinese goods, the CEO of America’s last remaining manufacturer of flatware expressed optimism that his business would...

Thanks, Maduro: Nearly 40% of Venezuelan Businesses Closed

Warren Mass September 17, 2018

A month after Venezuelan President Nicolas Maduro imposed a mandatory 60-fold wage increase, nearly 40 percent of all Venezuelan stores have closed. ...

Ivanka Trump’s Role as “Jobs Czar” Challenged by Robotics, AI, and Private Industry

Bob Adelmann September 4, 2018

Ivanka has drunk the Big Government Kool-Aid, and thinks government intervention will help "the forgotten man or woman" in America. ...

As Midterms Approach, Economy Is Soaring

James Murphy August 24, 2018

Under President Trump’s leadership, the overall economy in America is surging — not that you’d hear about it on most mainstream media reports....

Trump Trade Tariffs Good Business for U.S. Steel and Century Aluminum

Christian Gomez August 24, 2018

U.S. Steel and Century Aluminum announce plans to revitalize their facilities in the wake of President Trump's tariffs. ...

U.S. Steel Investing $750M to Upgrade Steel Plant Following Trump Tariffs

Warren Mass August 23, 2018

U.S. Steel is investing $750 million to upgrade its 110-year-old plant in Gary, Indiana, attributing the decision to President Trump’s new tariffs on...