Angst Over Ford Cutting 7,000 Jobs Isn’t Warranted
No thanks to news outlets such as CNBC, Ford isn't in trouble. It's becoming leaner, meaner and more profitable. ...
Economy
Robotics Revolution Rolls On: Amazon Now Using Robots to Pack Shipping Boxes
In busy warehouses serving Seattle, Frankfurt, Milan, Amsterdam, and Manchester, Amazon is taking the...
Despite Trump’s Tariffs, Chinese Trade Official to Visit United States
Despite President Trump's promise of increased tariffs on Chinese imports, China's top trade official...
Fed Fears Rising Corporate Debt, Ignores Rising Federal Debt
For the second time in six months the Federal Reserve has issued a warning...
Labor Department: Job Growth in April Blew Away Expectations at 263,000
The BLS confirmed what the ADP reported on Wednesday: The U.S. economy continues its...
U.S. Job Growth Exceeds Estimates: 275,000 New Jobs Created in April
According to ADP and Moody’s, the economy added 275,000 new jobs in April, once...
Economy Trips Up Forecasters Again, Grows at 3.2 Percent First Quarter
As recently as March, many were saying that the U.S. economy for all intents...
Latest Jobs Report Shows Economy at Cruising Altitude and Speed
It has taken two years to return the economy to full throttle, and its...
Retail Chains Closing More Stores as Sales Shift to E-commerce
Retail businesses lead all sectors in job cuts; 41,201 employees have lost jobs through...
Negative Impact of USMCA on U.S. Cattle Industry Predicted
When it comes to the beef industry — and the pork industry — USMCA is just...
Repatriation of Overseas Profits Surged in 2018, Bodes Well for Strong 2019
Once again, economic forecasters are embarrassed. The economy is not enjoying a temporary “sugar...
Jumps in Durable-goods Orders & Business Investment Confound Forecasters Again
Two measures of the U.S. economy were reported on Wednesday, both of which exceeded...
United States Soon to Pass Saudi Arabia in Oil Exports
Thanks to fracking and an increase in pipeline capacity, United States will surpass Saudi...
U.S. Economy Adds New Jobs for 101 Straight Months
A single new job in the economy has a multiplier or ripple effect. Multiplied...
Commerce Department: Economy Grew 2.9 Percent Last Year, Likely to Accelerate in 2019
According to the Commerce Department, the U.S. economy grew by 2.9 percent last year....
Consumer Confidence Up, Food Stamp Use Down in Trump Economy
Consumer sentiment exceeds expectations, and food stamp use is down in the Trump economy....
What Recession? Jobs, Manufacturing, Consumer Sentiment All Up in January
Three reports released on Friday were good news for everyone involved in the U.S....
U.S. Treasury Dept. Needs $1 Trillion to Finance the National Debt This Year
The U.S. Treasury plans to "borrow" $1 trillion to finance the national debt. ...
Economy Ignores Naysayers, Continues Remarkable Run
The ADP jobs report issued Wednesday put the lie to the naysayers on Wall...
Brookings Says a Quarter of U.S. Jobs To Be Automated Soon
A new Brookings report on increased automation in the workplace should be viewed as...