Economy

Dow 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. ...

Bob Adelmann January 4, 2018

Another Accident That Could Have Been Avoided on Government-subsidized Amtrak

Raven Clabough December 21, 2017

The National Transportation Safety Board (NTSB) reports that the Amtrak train that derailed on Monday on its way to Portland from Seattle was...

U.S. Economy’s Stunning Performance Continues to Bewilder Forecasters

Bob Adelmann December 14, 2017

You'd think they'd learn. But economic prognosticators are still playing catch-up ball as the economy continues to roar ahead. ...

November’s Jobs Report Beats Forecasters, Again

Bob Adelmann December 8, 2017

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....

Total Black Friday Sales Set Records; Cyber Monday Also Likely a Record

Bob Adelmann November 27, 2017

Preliminary numbers show that online sales on Thanksgiving and Black Friday surged to record highs, with Cyber Monday sales likely to do the...

Jobless Claims Drop Confirms Economy’s Strength

Bob Adelmann November 22, 2017

The economy, like a fatigued athlele, continues to revive through improved oxygenation. ...

Conference Board: Full Speed Ahead for the U.S. Economy

Bob Adelmann November 20, 2017

The Conference Board, a global economic analytics firm that tries to look ahead, has just issued an “all clear, full speed ahead” signal...

“Trump’s” Stock Rally Best Since 1945

Bob Adelmann November 8, 2017

Stock prices were predicted to drop after Donald Trump won the election a year ago, but the Dow has risen 5,000 points since...

U.S. Economy Continues to Surprise to the Upside

Bob Adelmann October 31, 2017

One measure of how the U.S. economy continues to exceed expectations is the Economic Surprise Index published by Citigroup, which is used to...

U.S. Economy Powers Through Hurricanes, Beats Forecasts With Three-percent Growth in Third Quarter

Bob Adelmann October 27, 2017

A strong economy is overriding economic turbulence, including the damage and unemployment from hurricanes, historical concerns about the 2018 midterms, and lower local...