Economy
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 recover from the shutdown. ...
Read moreOne Consumer Confidence Number Down in August, Others Up
While the Conference Board’s Consumer Confidence Index declined slightly from July to August, other reports showed a more optimistic consumer outlook on the...
Read moreU.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 V-shaped recovery. ...
Read moreStocks 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 the end of the bear market and making it...
Read moreADP’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 be offset when the Department of Labor reports on...
Read moreU.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 more than $102 billion in June, an eye-popping 14-percent...
Read moreEconomy Rebounding; Stocks Setting Records
One reason for the extraordinary performance of the U.S. economy following the COVID-inspired shutdown is that Wall Street is increasingly persuaded that Trump...
Read moreExisting-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 continue. ...
Read moreRiding 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 the burger-flipping kitchen worker, who does his job dutifully,...
Read moreHomebuilders’ Housing Market Index Surge Shows Recovery More Than Just Homes
The recovery in housing is much more than just a recovery in housing. ...
Read moreCOVID Lockdown Lunacy: Evictions and Homelessness Now Set for Dramatic Increase
As millions of Americans lost their jobs and their income dried up, they stopped making payments on rent and home mortgages. Now, millions...
Read moreWholesale Prices Drop in June; Economists Confounded
The Bureau of Labor Statistics announced on Friday that wholesale prices dropped by 0.2 percent in June. Economists were expecting an increase of...
Read moreJobless Claims Broach 50M Since March 1. Almost 20M Jobless.
Unemployment claims filed during the week ending June 27 dipped 3.7 percent from the previous week, but 13.2 percent of Americans were still...
Read moreJobs Report Shows Nearly Five Million Jobs Added in June
The U.S. recovery is well underway, and ahead of most economists' expectations. ...
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