Economy

235,000 New Jobs in February, Far Exceeding Expectations

Last Friday’s numbers from the Bureau of Labor Statistics said that private payrolls in February jumped by 235,000. ...

Bob Adelmann March 9, 2018

Economy’s Performance Continues to Beat Forecasts

Bob Adelmann March 2, 2018

The economy is steaming along, continuing to confound forecasters. ...

Mnuchin Says Trump Might Do TPP After All

Steve Byas March 1, 2018

In 2017, Trump called TPP a "rape" of America. Now he and his treasury secretary are signaling that they might do TPP. ...

Inflation Concerns Unfounded, Wall Street Moves Higher

Bob Adelmann February 14, 2018

Once Wall Street traders read beyond the headlines released early Wednesday morning by the Bureau of Labor Statistics, they reversed the early selloff...

Despite Stock Sell-off, Few See Recession

Bob Adelmann February 9, 2018

The sell-off on Wall Street doesn't appear to warn of an impending recession. By nearly every measure, the economy appears to be strong...

Markets Move Higher Following Crash Instigated by Obscure Agency

Bob Adelmann February 7, 2018

With Wall Street regaining its footing following the decline that started last Thursday, commentators in the mainstream media are still searching for the...

Treasury Advisory Committee Says U.S. Must Borrow Trillions, Sending Stocks Down

Bob Adelmann February 5, 2018

When an obscure advisory committee announced last Wednesday that the U.S. Treasury would have to borrow billions to fund Trump’s tax reform program,...

January Jobs Report: Is America Running Out of Workers?

Bob Adelmann February 5, 2018

The opioid crisis and the welfare state are keeping workers from entering the job market, stifling the economic engine that is just now...

Americans Expect Booming Economy to Continue, Says Conference Board

Bob Adelmann January 31, 2018

The Conference Board’s January survey of consumer confidence came in at 125.4, beating December’s number and outperforming predictions of economic forecasters. ...

Occupational Licenses: Petty Tyranny Over Property and Labor

Joe Wolverton, II, J.D. January 29, 2018

Occupational licensure requirements prevent many of the most needy from obtaining gainful employment. ...

Tax-Reform Ripple Effect: Hundreds of Companies Recalibrating, Raising Employee Benefits, Investing in New Projects

Bob Adelmann January 26, 2018

Under Trump's new tax plan, companies across the nation, such as Home Depot, Starbucks, and Walt Disney, are increasing pay for workers or...

Amazon Opens Its First “Just Walk Out” Store in Seattle

Bob Adelmann January 22, 2018

Big gates swing on little hinges. This little store in Seattle could be just such a hinge, threatening to transform shopping experiences everywhere....