Money & The Economy

New Jobless Claims Increase To 793,000, Missing Expectations

The number of Americans filing new unemployment claims decreased to 793,000 last week as the economy continued to suffer the…

6 years ago

Texas Governor Greg Abbott Warns $15 Minimum Wage Would Crush His State’s Economy

Negotiations continue in Washington as top Democrats push for the passage of a federal $15 minimum wage that would apply…

6 years ago

Biden’s Halt On Drilling Could Have Far-Reaching Consequences For New Mexico’s Kids

President Joe Biden’s executive order banning drilling on public lands could have far-reaching consequences for New Mexico’s crumbling education budget,…

6 years ago

Lockdown Losses: Budget Deficit Spiked In January, CBO Report Finds

The federal budget deficit grew a whopping 400% in one year as the pandemic caused spending to skyrocket, the Congressional…

6 years ago

Pelosi and Schumer Just Reintroduced PRO Act, Which Would Kill Uber

With control of Congress and the White House, Democrats are making labor policy one of their first priorities. Ironically enough,…

6 years ago

I Could Pay Off My $50k Student Loan in a Few Years—if Government Stopped Taking My Money

Twelve-thousand dollars. That’s how much the government will take out of my income this tax season. As a college graduate,…

6 years ago

The Meme Stock Saga Centers Around The National Securities Clearing Corporation, A Little-Known Financial Services Company

The National Securities Clearing Corporation (NSCC), one of a handful of Wall Street firms known as “clearinghouses,” demanded a whopping…

6 years ago

Why a $15 Federal Minimum Wage Would Be a Terrible Policy

The two-thirds of Americans who support a minimum wage hike to $15 per hour now have an ally in the…

6 years ago

US Added 49,000 Jobs In January, Unemployment Rate Fell To 6.3%

The U.S. economy reported an increase of 49,000 jobs in January while the unemployment rate fell to 6.3%, according to…

6 years ago

Bloomberg Article Misleads by Omitting Key Detail about Economists Surveyed on $15 Minimum Wage

Bloomberg News recently ran a profile of Arin Dube, a Professor of Economics at the University of Massachusetts, Amherst. The…

6 years ago