Economy
Treasury Advisory Committee Says U.S. Must Borrow Trillions, Sending Stocks Down
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?
The opioid crisis and the welfare state are keeping workers from entering the job market, stifling the economic engine that is just now...
Read moreAmericans Expect Booming Economy to Continue, Says Conference Board
The Conference Board’s January survey of consumer confidence came in at 125.4, beating December’s number and outperforming predictions of economic forecasters. ...
Read moreOccupational Licenses: Petty Tyranny Over Property and Labor
Occupational licensure requirements prevent many of the most needy from obtaining gainful employment. ...
Read moreTax-Reform Ripple Effect: Hundreds of Companies Recalibrating, Raising Employee Benefits, Investing in New Projects
Under Trump's new tax plan, companies across the nation, such as Home Depot, Starbucks, and Walt Disney, are increasing pay for workers or...
Read moreAmazon Opens Its First “Just Walk Out” Store in Seattle
Big gates swing on little hinges. This little store in Seattle could be just such a hinge, threatening to transform shopping experiences everywhere....
Read moreEconomy Beats Forecasters Again: Jobless Claims at 45-year Low
Economists expected 250,000 new jobless claims to be filed during the week ending January 13, but claims fell to a 45-year low of...
Read moreWalmart Voluntarily Raises Its Minimum Wage
The world’s largest retailer, Walmart, announced on Thursday that it was voluntarily raising its minimum wage for new workers to $11 an hour...
Read moreThe State Where People Are Afraid to Pump Gas — and the Gov. Wouldn’t Allow it
Should you need a license to pump gas? Some people seem to think so, which is perhaps why Oregon had a 56-year-old law...
Read moreDow Smashes Through 25,000; to Smash Dems in November?
The market may be telling us about the ouctome of the mid-term elections as well. ...
Read moreAnother Accident That Could Have Been Avoided on Government-subsidized Amtrak
The National Transportation Safety Board (NTSB) reports that the Amtrak train that derailed on Monday on its way to Portland from Seattle was...
Read moreU.S. Economy’s Stunning Performance Continues to Bewilder Forecasters
You'd think they'd learn. But economic prognosticators are still playing catch-up ball as the economy continues to roar ahead. ...
Read moreNovember’s Jobs Report Beats Forecasters, Again
Once again economists’ forecasts fell short in November, with the surging economy generating 228,000 new jobs compared to estimates of fewer than 200,000....
Read moreTotal Black Friday Sales Set Records; Cyber Monday Also Likely a Record
Preliminary numbers show that online sales on Thanksgiving and Black Friday surged to record highs, with Cyber Monday sales likely to do the...
Read moreJobless Claims Drop Confirms Economy’s Strength
The economy, like a fatigued athlele, continues to revive through improved oxygenation. ...
Read more