Money & The Economy

Weekly Jobless Claims Fall Below 1 Million For First Time Since March

Around 963,000 Americans filed new unemployment claims last week, marking the first time the figure dropped below 1 million since…

6 years ago

Malls: The Reality After Coronavirus

News agencies and pundits are laser-focused on how they believe Trump screwed-up the Coronavirus response while ignoring the changes in…

6 years ago

July Jobs Report: 1.8 Million Jobs Added, Unemployment At 10.2%

The U.S. economy added 1.8 million jobs in July, while unemployment fell to 10.2%, according to Department of Labor data…

6 years ago

1.19 Million Americans Filed For Unemployment Last Week

The Department of Labor reported Thursday that over 1.19 million Americans filed additional claims for unemployment last week, a slight…

6 years ago

Businesses Drastically Reduced New Hires In July According To Private Payroll Processor

Private sector job creation for displaced workers slowed in July, with private payroll increases not meeting the growth expected by…

6 years ago

‘Catastrophic’ Consequences For Small Businesses If There Is No Relief Bill, CEOs Tell Congress

Over 100 executives called for immediate action to save small businesses, in an open letter published Monday. The letter said…

6 years ago

The Recession is deep, but likely short-lived

The Bureau of Economic Analysis announced that GDP in the second quarter of 2020 decreased by a whopping 32.9%. Since GDP declined…

6 years ago

LOCKDOWN LOSS: US Sees Worst-Ever Contraction For Second-Quarter GDP

The United States gross domestic product (GDP) fell 9.5% (32.9% annualized) in the second quarter of 2020, the Department of…

6 years ago

Remington Files For Bankruptcy Amid Nationwide Unrest, Surge In Gun Purchases

Remington Arms Co. filed for bankruptcy amid nationwide unrest and surging gun sales. The firearm company filed for chapter 11 protection,…

6 years ago

Gold Hits Record Price Amid Coronavirus, US-China Tensions

The price of gold rose to an all-time high Monday, reaching $1,943 an ounce and eclipsing the previous record of…

6 years ago