Economy
This Thanksgiving and Christmas, Think “Buy American”
The Alliance for American Manufacturing has provided a way for U.S. citizens to put their dollars into American companies this Christmas season. ...
Fed Official Suggests Four More Interest Rate Hikes in 2019
Charles Evans of the Fed’s Federal Open Market Committee says interest rates are too low and need to go higher. ...
Read moreLatest NFIB Report Confirms Robust Health of U.S. Economy
Despite the volatility on Wall Street, the U.S. economy continues its remarkable record-setting recovery from the Great Recession and the Obama administration. ...
Read moreStocks 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...
Read moreU.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 fiscal year ending September 30, and the U.S. Treasury...
Read moreBear Market in Stocks Not Likely
Is the recent stock sell-off likely to continue? Is this a precursor to a decline in the economy? Not according to managers of...
Read moreFed to Blame for Stock Market Selloff?
Wednesday’s selloff on Wall Street can be laid primarily at the feet of the Federal Reserve. ...
Read moreAmazon Robotics Is Automating Everything
Amazon, the largest Internet retailer in the world, purchased Kiva Systems, a robotics company specializing in shipping goods, in 2012, and it transformed,...
Read moreRepatriation of Foreign Earnings Gaining Momentum
Thanks to the Trump tax reform, major corporations with billions held overseas are bringing those billions home to be reinvested here. ...
Read moreObama Brazenly Tried to Take Credit for Better Economy Under Trump
Obama told the college students at the University of Illinois that the booming economy we are now experiencing is his work, not Trump's....
Read moreAmerican Business Coalition Launches Anti-Tariff Campaign Against Trump
The trade tariff strategy being implemented by Trump involves patience. For this group of American companies, their patience is wearing thin. ...
Read moreMore Evidence of Robust U.S. Economy
Expect more records to be broken as the U.S. economy continues its remarkable expansion. ...
Read moreWhite 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 the dynamics of the new Trump economy: Five percent...
Read moreDe Blasio, MTA, & Big Taxi Beat Uber, Lyft
At the behest of the public transportation and taxi dirvers’ unions, New York City Mayor Bill de Blasio signed a bill into law...
Read moreU.S. Household Debt at $13.2 Trillion — Cause for Worry?
The latest report from the Federal Reserve Bank of New York triggered all manner of financial anxiety: U.S. household debt is at an...
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