Price Increases at Retail Level Accelerating, Thanks to Massive Money Supply Increase
Retail prices dropped when the shutdown began. But the newly created dollars pumped into the economy are now being spent, and prices are...
Economy
Job Growth in August Exceeds Forecasters’ Expectations, Raising Trump’s Reelection Chances
Watch the SPX — the S&P 500 index — from now until November 3....
Finances of Most Americans Are Good or Improving, Say Latest Polls
Two polls show that Americans’ finances are good and getting better, which bodes well...
U.S. Economy’s Rebound Continues to Confound Forecasters
The economic recovery is beating forecasters’ expectations in many categories. ...
Survey: Most U.S. Companies Planning to Give Salary Increases and Bonuses Next Year
This is another indicator of confidence in the U.S. economy as it continues to...
One Consumer Confidence Number Down in August, Others Up
While the Conference Board’s Consumer Confidence Index declined slightly from July to August, other...
U.S. Economy Continues Recovery; Retail Sales Back to Normal
The U.S. economy is rebounding, with sales back to pre-pandemic levels. It’s definitely a...
Stocks Hit New Highs on Tuesday, Marking Third-fastest Recovery Since 1929
Two of the three major market indexes closed at record highs on Tuesday, marking...
ADP’s Disappointing July Jobs Report Offset by June’s Upward Revision
ADP’s National Employment Report was a massive miss. The miss, however, is likely to...
U.S. Exports Jump 14 Percent in June, Adding to GDP & Reflecting Economic Recovery
Exports of goods from the United States jumped from $90 billion in May to...
Economy Rebounding; Stocks Setting Records
One reason for the extraordinary performance of the U.S. economy following the COVID-inspired shutdown...
Existing-home Sales Set Record in June, Reflecting Booming Housing Market
Existing-home sales rose nearly 21 percent in June, and the rebound is likely to...
Riding the COVID Wave, Non-citizen Flippy, at $3 an Hour, to Replace White Castle Workers
Well, Flippy finally has a new job. It was March when I reported on...
Homebuilders’ Housing Market Index Surge Shows Recovery More Than Just Homes
The recovery in housing is much more than just a recovery in housing. ...
COVID Lockdown Lunacy: Evictions and Homelessness Now Set for Dramatic Increase
As millions of Americans lost their jobs and their income dried up, they stopped...
Wholesale Prices Drop in June; Economists Confounded
The Bureau of Labor Statistics announced on Friday that wholesale prices dropped by 0.2...
Jobless Claims Broach 50M Since March 1. Almost 20M Jobless.
Unemployment claims filed during the week ending June 27 dipped 3.7 percent from the...
Jobs Report Shows Nearly Five Million Jobs Added in June
The U.S. recovery is well underway, and ahead of most economists' expectations. ...
Dow and Employment Jump in May and June, Confirming Economy’s Rebound
Wall Street celebrated its best quarter since 1987, with the Dow gaining 17 percent...
Surprises in Just-released WalletHub’s Best- and Worst-run Cities in America
The consumer financial website WalletHub released its “Best- & Worst-run Cities in America” on...