Economy

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 to enhance their employees’ benefits, from paying more of...

Bob Adelmann July 30, 2018

Tech Giants Face British Tax, Liability Problems

R. Cort Kirkwood July 30, 2018

As if they didn’t have enough problems with stock drops, accusations of political purging and lawsuits from fired employees, the tech giants who...

Unsustainable: The Government Pension Pickle that Several States are Facing

James Murphy July 29, 2018

State employee pensions, negotiated by greedy public employee unions and rubber-stamped by short-sighted politicians have left several states teetering on the edge of...

Huge Second-quarter GDP Gains; Some Say Unsustainable

Bob Adelmann July 27, 2018

President Trump’s celebrated huge second-quarter GDP gains, and on cue, the naysayers came out of the woodwork, explaining why the second quarter’s numbers...

Zuckerberg, Facebook, Lose Billions In Stock Drop

R. Cort Kirkwood July 26, 2018

In less than an hour on Wednesday, Facebook tycoon Mark Zuckerberg lost $16.8 billion. But the real loser isn’t Zuckerberg: It’s the investors...

Texas to Pass Iraq and Iran to Become World’s Third-largest Oil Producer

Warren Mass July 20, 2018

Thanks to increasing production in the Permian Basin in West Texas, Texas is set to pass Iraq and Iran to become the world’s...

Food Stamp Use Way Down

R. Cort Kirkwood July 19, 2018

The number of Americans on food stamps has dropped significantly, according to Bloomberg News. ...

Time for a UBI?

R. Cort Kirkwood July 17, 2018

Chicago is about to test an idea whose time, depending on who you talk to, might or might not have come: universal basic...

China’s Slowing Economy Comes at Perfect Time for Trump

Bob Adelmann July 16, 2018

Trump the negotiator most likely welcomes Chinese difficulties as leverage to get a fairer trade deal for the United States. ...

Claims for Unemployment Insurance Drop Again, Near 50-year Low

Bob Adelmann July 12, 2018

The U.S. economic juggernaut continues to power ahead, with unemployment reaching new lows. ...

U.S. Economy “Not Running Out of Workers”; Latest Jobs Report Shows More Gains

Bob Adelmann July 9, 2018

The jobs report from the Bureau of Labor Statistics (BLS) released on Friday showed more than 600,000 people entering or re-entering the workforce....