Economy
Trio of Reports for April Show Economy Might Be Turning Around
Three reports released on Friday give a glimmer of hope that the worst may be behind for the U.S. economy. ...
ADP Reports 20 Million Lost Their Jobs in April
According to national payroll processor ADP, the U.S. economy lost more than 20 million jobs last month. ...
Read morePending Home Sales Dropped 20 Percent in March; Realtors Are Coping
Given sufficient motivation, it's remarkable what realtors are able to accomplish, even during the shutdown. ...
Read moreTrump Announces Cautious Reopening of U.S. Economy
On Thursday, President Trump announced his “Opening up America Again” plan to reopen the economy in a three-phase, “science-based” strategy that he is...
Read moreMore Than 5M File for Unemployment; 22M Since March 1. Professors: Jobless Rate 20 Percent
More than five million Americans filed for unemployment last week, for a total of 22 million who have claimed unemployment benefits. Two professors...
Read moreOne in 10 Americans Out of Work; That Number Likely to Grow
The one in 10 Americans filing for unemployment insurance are sure to be joined by more Americans before the unemployment number starts dropping. ...
Read morePolls Show Business, Consumer Sentiment Suffering Under Coronavirus Shutdown
Polls are consistent: Consumer and business sentiment is taking a dreadful hit thanks to the “social distancing” and “sheltering at home” protocols put...
Read moreIpsos, Harris Polls Report Virus Shutdown Is Closing Small Businesses Permanently
Polls conducted among small business owners the third week of March by Ipsos and Harris are showing the damage already being done to...
Read moreRep. Massie on Massive $6 Trillion Stimulus
VIDEO - Congressman Thomas Massie joins Christian Gomez to discuss the recent $6 trillion stimulus package, where most of that money is going...
Read moreWednesday’s ADP Jobs Report Misleading: Job Loss in March Much Worse
The drop in employment reported by ADP looks much better than it really is, as the latest report does not account for data...
Read more“Waffle House Index” Flashes Red as Unemployment Numbers Jump
The “Waffle House Index” is a useful indicator of the impact the virus shutdown is having on the U.S. economy. ...
Read moreTrump Wants to Reopen the Economy. Will the States Follow?
If Trump’s reopening happens soon enough the economy will survive, revive, and build a stronger, safer and healthier country. ...
Read moreU.S. Treasury to Offer Small Business Owners “Forgivable” Bridge Loans
The Federal Reserve is working closely with his agency to create a Main Street Business Lending Program that would give those owners an...
Read moreDon’t Panic: the Fed’s Offer to Stabilize Bond Markets Is not “QE-4”
Headlines from major financial sources virtually shouted that the Federal Reserve was suddenly employing “QE4.” It seems headline writers are suffering from the...
Read moreMeet Flippy the Burger Chef, Who Never Sleeps or Goes Home — and Makes $3 an Hour
A new Karl Marx can come along shouting “Workers of the world, unite!” but Flippy the burger chef will hear none of it....
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