Economy
U.S. Economy Adds New Jobs for 101 Straight Months
A single new job in the economy has a multiplier or ripple effect. Multiplied by hundreds, thousands, and millions, it's no wonder the...
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. According to some experts, the true economic growth is...
Read moreConsumer Confidence Up, Food Stamp Use Down in Trump Economy
Consumer sentiment exceeds expectations, and food stamp use is down in the Trump economy. ...
Read moreWhat Recession? Jobs, Manufacturing, Consumer Sentiment All Up in January
Three reports released on Friday were good news for everyone involved in the U.S. economy, except for forecasters who once again underestimated its...
Read moreU.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. ...
Read moreEconomy Ignores Naysayers, Continues Remarkable Run
The ADP jobs report issued Wednesday put the lie to the naysayers on Wall Street who continue to predict a slowing economy. ...
Read moreBrookings 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 a positive for higher standards of living for everyone...
Read moreBankers to Take Massive Haircut in Proposed Puerto Rican Bankruptcy Settlement
Rich Wall Street investors holding Puerto Rican bonds are going to take a big hit in the settlement of that nation’s bankruptcy. ...
Read moreVW Expanding its Chattanooga Plant Again, Investing a Billion Dollars and Creating Jobs
Volkswagen will be investing a total of more that one billion dollars in its Chattanooga plant to produce electric vehicles, creating new jobs...
Read moreBull Market Could Run for 10 More Years; Tariffs Are Helping
Investors are predicting a continuation of the present bull market, and U.S. Steel is one example of a company doing better because of...
Read moreFollowing Great Jobs Report, Fed Chair Says He’ll Be “Patient” Before Raising Rates Further
Fed Chair Jerome Powell said that despite a great jobs report, the Federal Reserve would not try to stall the economy to ward...
Read moreAs Economy Slows, Bond Investors Say Fed Won’t Raise Rates
A month ago, bond investors were predicting that the Fed would be raising interest rates several times in 2019. Those same investors are...
Read moreWhat Sparked Wall Street’s Massive Turnaround Late Thursday?
The spark that ignited the late day rally in stocks on Thursday was most likely a comment about a potential meeting between Trump...
Read moreWhile Wall Street Wobbles, Consumers and the Economy Continue Humming
While economists and pundits want to blame the stock market’s current volatility on Trump, the shutdown, or something else, the fact is that...
Read moreTepid Government Slowdown Hasn’t Slowed Shoppers
U.S. retailers notched one of the busiest holiday seasons in years, meeting and in some cases exceeding forecasters’ already rosy outlooks. ...
Read more