Recession Coming, or Head Fake?
Not only is the U.S. economy not on its deathbed, it is alive and thriving, extending its recovery from the Great Recession into...
Economy
Billions in Farm Bailouts Going to Giant Multinational Agri-business, Not Family Farms
Billions in federal farm aid is being paid to giant agri-businesses and not to family farms. ...
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Raft of Economic Reports Confirm Continuing Strength of U.S. Economy
Several reports confirm the remarkable strength of the U.S. economy, even as the rest of the world looks sluggish. ...
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Trump Wants Fed to Cut One Full Percentage Point; Powell Likely to Give Him One-quarter
President Donald Trump wants Jerome Powell, the chairman of the Federal Reserve, to cut the Fed Funds rate by a full percentage point...
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White House Says Trump Deregulations Are Raising Household Incomes
With the dead weight of federal regulations being reduced, American consumers and small business owners are enjoying the freedom and the savings. By...
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Next Stop: Dow 30,000 Say Experts
The current economic expansion that underlies Wall Street’s bullishness looks to continue, building off tax cuts pushed by an obscure economist from the...
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Exodus of Residents From Tax Hell States May Intensify
High-tax states are already seeing high earners flee because of those high taxes. A provision of the Trump tax cuts limiting deductions on...
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Top Forecaster Predicts Dow at 40,000 in Two Years
Market forecaster Yves Lamoureux is forecasting that the Dow will hit 40,000 within the next two years, but with a caveat: There’s another...
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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. ...
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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 tiring work employees were doing and giving it to...
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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 will visit the United States. ...
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Fed Fears Rising Corporate Debt, Ignores Rising Federal Debt
For the second time in six months the Federal Reserve has issued a warning about excessive corporate debt. But nothing was said about...
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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 remarkable rebound, setting records along the way. ...
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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 again confounding those pessimistic forecasters. ...
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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 and purposes had stalled in the first quarter of...
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