the economy
The economy ebbs and flows, but whether it’s strengthening or weakening, we report on how it affects you.
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US News
‘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…
Read More » 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…
Read More »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…
Read More »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…
Read More »Positive news in September and October will carry trump to victory in November
On July 21, President Donald Trump resumed holding news conferences about the progress of the coronavirus task force. This news conference…
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US News
Unemployment Claims Rise For The First Time Since April To 1.4 Million
The Department of Labor reported Thursday that over 1.4 million Americans filed additional claims for unemployment last week, marking the…
Read More » Weekly Jobless Claims Lower Than Expected At 1.3 Million
Jobless claims for the past week were lower than economists had predicted as workers begin returning to their jobs, according…
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Opinion
The Progressives Are Doing It Right Before Our Eyes
LISTEN TO THE PODCAST One of the tactics that Progressives enjoy using most is the tactic of redefinition. We see…
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Money & The Economy
ADP: Private Sector Employment Increased by 2,369,000 Jobs in June
Private sector employment increased by 2,369,000 jobs from May to June according to the June ADP National Employment Report. Broadly distributed…
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Money & The Economy
United Airlines Adds Nearly 25,000 Flights in August
Airline triples the schedule size compared to June 2020Scheduled to only fly 40% of August 2019 levelsExtends change fee waiver…
Read More » Tone Deaf: House Dems Introduce 538-Page Plan ‘Solving’ Climate Change Amid Pandemic, Economic Downturn
Democratic House Speaker Nancy Pelosi unveiled a 538-page climate plan Tuesday that is designed to eliminate the U.S. economy’s contributions…
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Opinion
Trump or Biden? Who will bring back prosperity?
It looks like the presidential campaigns are about to expand. President Donald Trump is holding rallies, while presumed Democratic candidate…
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Opinion
The Media & First Amendment Protection: Abuse of Power
LISTEN TO THE PODCAST In the beginning, back when the Framers were first debating the ground rules for the great…
Read More » Great Recovery: McDonald’s To Hire 260K People In The US As Pandemic Lockdowns Come To An End
McDonald’s plans to hire more than a quarter of a million people over the course of the summer as economic…
Read More »May Retail Sales Jumped 17.7%, Double The Forecast As States Came Out Of A Lockdown-Induced Hibernation
Retail sales rebounded in May as states eased coronavirus-induced lockdown measures, allowing retail stores to regain more ground than analysts…
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