Because the COVID-19 pandemic and ensuing recession led to skyrocketing unemployment rates in early 2020, 23 states were forced to take out federal loans to continue...
The Fed's Artificially Low Interest Rates Are Eating Away At Social Security Via SchiffGold.com, The Federal Reserve has held interest rates artificially low for decades. This causes all...
Biden is expected to soon decide whether to keep Jerome Powell as Federal Reserve chair or name a replacement. The nominee will have more influence on...
As happens occasionally, the view of the world one sees expressed in fixed-income prices seems quite different from the one seen in equity markets. Today, however,...
Former FHA Commissioner David Stevens writes: HUD Secretary Marcia Fudge and President Joe Biden need to lower the FHA premium. The post Opinion: FHA should lower...
On Inflation: 6 Is Really 10 And The Causes And Symptoms Are Similar To The 70s By Joseph Carson, former chief economist at AllianceBernstein Statistically, 2021...
"Increased borrowing must be matched by increased ability to repay. Otherwise, we aren't expanding the economy – we're merely puffing it up." – Henry Alexander of...
As has been noted, the surge in goods demand is part of the story for why shortages and price pressures have mounted. Here’s another illustration. Figure...
What Is Gross Domestic Product (GDP)? Put simply, gross domestic product (GDP) seeks to measure a country's economic output during a specific time period. GDP represents...
It began all the way back during the summer. Vice President Kamala Harris was in Singapore in August hosting a gathering of business leaders. Supply issues...
Goldman Releases 2022 Stock Forecast: Diverges With A Bearish Morgan Stanley, Sees S&P Rising To 5,100 One day after the increasingly grouchy Morgan Stanley published its...
These two groups bounced back more quickly in the jobs market than certain other groups, although they may still experience lasting consequences.
Early estimates of US economic output for the fourth quarter indicate a robust pickup in growth from the mild gain reported for Q3, according to recent...
Home Ownership Elusive As Rise In Cost Of Mortgage Payments Far Outpace Wage Growth Authored by Petr Svab via The Epoch Times (emphasis ours), For Americans...
El-Erian Fears "The Fed Is Losing Credibility" As Dudley Warns "Hope Is Not A Strategy" It's been a lousy year for the monetary wonks at the...
As Matt Yglesias recently pointed out, the term ‘panic’ has a negative connotation: I’m not going to quibble with Yglesias’s claim, as he correctly describes how...
Here's One (More) Reason Inflation Could Accelerate Through Mid-2022 Authored by Bryce Coward via Knowledge Leaders Capital blog, It’s no secret that pandemic-related government policy is...
At the start of the pandemic, many of the lower paid workers lost their jobs, which raised the average wage for people who were still working....
The Bureau of Labor Statistics reported Wednesday morning that prices rose 6.2% on a year-over-year basis in October. That’s the highest YOY rate since December 1990 when the...
The Build Back Better Act, while still not a done deal, now has a path toward passage in the House of Representatives, with a vote expected...
Released today, in The International Economy symposium: “At some point, the federal stimulus checks will stop coming. Consumer sentiment could continue to be affected by fear...
"The Heat In Blistering Inflation Will Make The Fed Start Sweating": BofA Wall Street expected a beat, but today's "blistering" CPI was an overheating "shock" and...
Billionaire Henry Cheng Kar-shun is sinking HK$316.4 million (US$40.6 million) to take full control of pay-TV operator i-Cable Communications to turn around 13 years of losses...
Some call it the accordion effect while others refer to it in terms of a bullwhip. Whatever the terminology, the supply chain mess has created a...
- by New Deal democratI normally do not pay much attention to producer prices, but with the huge increase in spending earlier this year and the...
The Bureau of Labor Statistics’ October jobs report, released November 5, provides generally positive news with total nonfarm payroll employment increasing by 531,000 compared to an...
Why Kolanovic Expects Stocks To "Continue To Climb The Wall Of Worry" Another week, and another round of pep talk from JPM's resident permabull-cum-value preacher, Marko...
It is one of the most important results to look for, a payroll cue which opens up the question to much bigger issues. A recession or...
The employment release for October provided lots of interesting facts. First employment growth is faster than anticipated, and second was faster in September than originally estimated....
The rise in the index of aggregate hours since July is equivalent to adding 498,000 private sector jobs a month The post Economy Adds 531,000 Jobs...