Economy
Unemployment Rate Drops More Than Forecast as Economy Continues Recovery
The Bureau of Labor Statistics reported early Friday morning that the economy continues its surprisingly strong recovery from the greatest shutdown in...
Latest Economic Surveys Show Resilience of U.S. Economy
Two new economic reports show and increase in consumer confidence and a growing economy. ...
Read moreWall Street Analyst: Stocks to Move Higher, Enhancing Trump’s Reelection Chances
Wall Street, it is said, is merely a reflection of main street, and main street is doing very well. ...
Read morePrice 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...
Read moreJob Growth in August Exceeds Forecasters’ Expectations, Raising Trump’s Reelection Chances
Watch the SPX — the S&P 500 index — from now until November 3. It has an uncanny record of calling the election. ...
Read moreFinances of Most Americans Are Good or Improving, Say Latest Polls
Two polls show that Americans’ finances are good and getting better, which bodes well for President Trump. ...
Read moreU.S. Economy’s Rebound Continues to Confound Forecasters
The economic recovery is beating forecasters’ expectations in many categories. ...
Read moreSurvey: 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. ...
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