Stocks Bounce Higher on Better-than-expected Jobs Report
Stocks bounced higher on Wednesday following Tuesday’s relief rally, responding to another positive employment report from ADP/Moody’s: The economy notched a gain of...
Economy
U.S. Treasury’s Massive Problem: How to Fund Increasing Deficits
The national debt of the United States government jumped by $1.3 trillion during the...
Bear Market in Stocks Not Likely
Is the recent stock sell-off likely to continue? Is this a precursor to a...
Fed to Blame for Stock Market Selloff?
Wednesday’s selloff on Wall Street can be laid primarily at the feet of the...
Amazon Robotics Is Automating Everything
Amazon, the largest Internet retailer in the world, purchased Kiva Systems, a robotics company...
Repatriation of Foreign Earnings Gaining Momentum
Thanks to the Trump tax reform, major corporations with billions held overseas are bringing...
Obama Brazenly Tried to Take Credit for Better Economy Under Trump
Obama told the college students at the University of Illinois that the booming economy...
American Business Coalition Launches Anti-Tariff Campaign Against Trump
The trade tariff strategy being implemented by Trump involves patience. For this group of...
More Evidence of Robust U.S. Economy
Expect more records to be broken as the U.S. economy continues its remarkable expansion....
White House Forecasts 3.5 Percent GDP Growth in Third Quarter
Even Kevin Hassett, chairman of President Trump’s Council of Economic Advisors, fails to grasp...
De Blasio, MTA, & Big Taxi Beat Uber, Lyft
At the behest of the public transportation and taxi dirvers’ unions, New York City...
U.S. Household Debt at $13.2 Trillion — Cause for Worry?
The latest report from the Federal Reserve Bank of New York triggered all manner...
Trump Tax Reforms Allow Companies to Expand Benefits, Increase Wages
More and more U.S. companies are using benefits from President Trump’s tax reform program...
Tech Giants Face British Tax, Liability Problems
As if they didn’t have enough problems with stock drops, accusations of political purging...
Unsustainable: The Government Pension Pickle that Several States are Facing
State employee pensions, negotiated by greedy public employee unions and rubber-stamped by short-sighted politicians...
Huge Second-quarter GDP Gains; Some Say Unsustainable
President Trump’s celebrated huge second-quarter GDP gains, and on cue, the naysayers came out...
Zuckerberg, Facebook, Lose Billions In Stock Drop
In less than an hour on Wednesday, Facebook tycoon Mark Zuckerberg lost $16.8 billion....
Texas to Pass Iraq and Iran to Become World’s Third-largest Oil Producer
Thanks to increasing production in the Permian Basin in West Texas, Texas is set...
Food Stamp Use Way Down
The number of Americans on food stamps has dropped significantly, according to Bloomberg News....
