The Latest News about the economy

“Ah the joy of free stuff – who doesn’t love free stuff right?  College kids thought that free healthcare was great; then someone said that they had to pay for it.” The Democrats have long touted Medicaid for All, or in other words, a single-payer healthcare system as “the” solution to rising healthcare costs.  Many of the current Democratic presidential ...

The U.S. economy added 128,000 jobs in September, while the unemployment rate rose to 3.6, according to Department of Labor data released Friday. 128,000 jobs were added in October, according to the Bureau of Labor Statistics report, about 8,000 fewer jobs than were added in September and much higher than analysts’ predictions. Economists predicted the General Motors strike would heavily ...

(True Conservative Pundit) Recently it was reported that Rashida said that America needs a revolution, that: “We have to make the tough, courageous changes that completely transform a political and economic system that is now built for corporations (and profits), not people. Choosing the status quo means doing nothing and giving up.” We have to make the tough, courageous changes ...

The Washington Post made significant changes to a story about census data Tuesday. The article first highlighted successes under the Trump administration, and the angle was later changed to focus on the increasing number of uninsured Americans in 2018. WaPo told the Daily Caller News Foundation that “it became clear that the bigger news was the first increase in the ...

The unemployment rate for black workers fell from 6.0% in July to 5.5 % in August, data from the Department of Labor reveals.  These numbers surpass the record low set in May 2018 of 5.9% for black unemployment and are partially due to improved jobs numbers for black women. While July numbers revealed unemployment for black women to be at 5.2%, ...

By many accounts, activity in the financial markets during these past summer months has been uncharacteristically volatile.  After hitting record highs of 3,028 on July 26th, the S&P 500, an important economic benchmark, has seen a major reversal that has sent valuations lower.  Overall, the S&P 500 has already lost -3.4% since it reached its peak and many American consumers ...

If it wasn’t enough that they retained Valerie Jarrett to run their operations from a mansion less than ten miles from the White House, the Obama’s are now documentary producers. They join the ranks of the Carters and the Clintons in former First Families who stay in the spotlight long after their stints in leadership are over. Michelle and Barack ...

For most Americans, it’s obvious that whatever is good for America is a disaster for Democrats. Democrats hate and despise America so much they are now going to other countries that equally hate America to raise money! It’s also obvious that President Trump’s attention to the southern border criminals and crimes are working? Is the wall and law enforcement efforts ...

The Federal Reserve cut its benchmark interest rate Wednesday for the first time since 2008, and the president had strong feelings about the central bank’s decision. Federal Reserve Chair Jerome Powell called the action a “midcycle adjustment to policy,” a phrase that caused chaos in the markets as analysts thought he was saying he was acting to stave off recession, ...

Yes, I’ll have to admit I have been “one” of those climate deniers for all these many years. Only after I finally witnessed a human being causing changes in temperatures did I finally come around to an understanding of such ludicrous religious science. I must now admit watching our President create a perfect storm is a day I will never ...

The U.S. economy added 224,000 jobs in June, while the unemployment rate slightly increased to 3.7  percent, according to Department of Labor data released Friday. Economists predicted 165,000 jobs would be added and that the unemployment rate would remain at about 3.6%, according to The Wall Street Journal. 224,000 jobs were added in June, according to the Bureau of Labor ...

Economic activity in the manufacturing sector expanded in June, and the overall economy grew for the 122nd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: “The June PMI® registered 51.7 percent, a decrease of 0.4 percentage point from the May ...

Chinese tech giant Huawei and its American suppliers saw their shares rise significantly on Monday following trade talks between Chinese President Xi Jinping and U.S. President Donald Trump. Shares for Foxconn, a manufacturing company that makes smartphones for disgraced technology company Huawei, jumped 1.6% Monday in Taiwan. Foxconn Industrial Internet, a subsidiary that partners with Huawei, rose to the maximum ...

Existing-home sales rebounded in May, recording an increase in sales for the first time in two months, according to the National Association of Realtors®. Each of the four major U.S. regions saw a growth in sales, with the Northeast experiencing the biggest surge last month. May 2019 Existing Home Sales Total existing-home sales1, https://www.nar.realtor/existing-home-sales, completed transactions that include single-family homes, townhomes, condominiums ...

The U.S. economy added 75,000 jobs in May while the unemployment rate remained at 3.6 percent, according to Department of Labor data released Friday. Economists predicted 180,000 jobs would be added and that wage growth would rise to about 3.2%, according to The Wall Street Journal. Jobs numbers for April were revised down from 263,000 to 75,000, according to the ...