#theeconomy
News | NEWS
Wall Street smashes records, dollar soars as Trump wins
Wall Street rallied into record territory, the dollar soared and bitcoin scaled a new peak Wednesday as the world gears up for another Donald Trump
News | News
Los Angeles is the 'worst' metro area in America for first-time home buyers — but you may be surprised by the 'best'
The U.S. housing sector is slowing down but homes are still extremely expensive in many parts of the country, according to Bankrate.
Business & Finance | Business
Amazon stock plunges as company reports nearly $4 billion loss - CNN
Amazon reported a significant loss in the first three months of the year, sending the company's stock plunging.
Politics | The Hall of Idiots
Joy Reid Dismisses Inflation as GOP 'Buzzword,' Insists 'The Economy Isn't Bad'
MSNBC’s The ReidOut host Joy Reid decided on Wednesday to channel NBC chief business correspondent and MSNBC colleague Stephanie Ruhle in dismissing the economic pain Americans are facing amid rising inflation, calling it a “buzzword bandwagon” by Republi
Politics | Demos
Biden's aims to bankrupt a generation
If there is one thing Joe Biden and the Democrats truly love, it is spending your money.
News | News
U.S. Unemployment Rate Fell to 13.3 Percent In May, Confounding Expectations
With an added 2.5 million jobs last month, unemployment drove down from 14.7 percent in April.
Politics | Other Politics
The PPP isn’t working. Here’s an idea: Get paychecks to people, directly
The short-term pain of job losses, furloughed and unemployed workers in food bank lines miles long, may lead to worse long-term effects: a deep, permanent dent on America's competitiveness.
Business & Finance | Money & Finance
Why it’s not so crazy that stocks are rising even though 26 million people are out of work
The are many reasons for the stock market’s buoyancy — from incentives in the industry to retirement-account purchases to behavioral biases.
Politics | Leftist Lies
11 Leftist Myths About Economics
Few Americans have a basic working knowledge of economics. They’ve grown up in a capitalist system, and so they take it for granted. But taking their economic system for granted leaves the door open for demagoguery. Most leftist economic arguments go some
Politics | Op-Ed
It's Time to Reopen and Relaunch Our Economy
t is clear that the time is approaching that will be absolutely decisive for this presidency and for the country’s near-term future. The president will have to decide on an economic relaunch plan, and this will make or break him and his opponents. The vas
Politics | Politics
Obama Tries To Take Credit For Trump’s Economy. It Backfires Bigly.
On Monday, former President Barack Obama attempted to take credit for President Donald Trump’s booming economy. “Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more
News | News
Private payrolls soar in January, the best monthly gain in nearly 5 years
ADP/Moody's Analytics said private payrolls rose by 291,000 in January, nearly twice the expected gains.
Politics | Politics
U.S. Wage Growth Eclipses Mortgage Rate for First Time Since 1972 - Bloomberg
The U.S. economy reached an important milestone in October that ought to put it on a more sustainable footing going forward: wage growth eclipsed mortgage rates for the first time since 1972.
News | The News
US economy grew at strong 3.5 percent rate in Q3: Strongest In Four Years
WASHINGTON (AP) — The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade. The Commerce Department said Friday that
News | The News
President’s Economic Advisers Reveal What Socialism Would Cost Americans — It’s a Huge Price Tag
The recent report released by the President's Council of Economic Advisers detailed the issues with implementing socialist policies in the U.S.
Politics | Politics
Thank goodness Trump gets what Obama failed to grasp on economy | TheHill
During Obama's eight years in office, business leaders never felt confident about the future.
Politics | Politics
First Time Ever: Federal Tax Revenues Top $1 Trillion Thru January; Gov't Still Runs $194B Deficit | CNS News
Inflation-adjusted federal tax revenues hit a record $1,046,224,000,000 for fiscal year 2015 through January, but the federal government still ran a $194,209,000,000 deficit during that time, according to the latest Monthly Treasury Statement.
Business & Finance | FINANCE & INVESTMENTS
Dow continues to fall, down 223 points
The Dow continued fell in the triple digits once again, with energy stocks suffering heavy declines.
Business & Finance | Business
Showbiz, Music Industry Jobs Drop 19% in Two Years | Variety
The U.S. economy has seen a steady erosion of jobs in the motion picture and sound industries, according to the Bureau of Labor Statistics.
News | News
Table For One? Winners And Losers in the Cat Lady Economy
More than one quarter of the U.S. population lives alone. Per the latest census, single-person households are now the single largest segment of the U.S. population. This is a first. What a dramatic change from a little more than 30 years ago when on
Business & Finance | Careers & The Workplace
5 Top Industries For Starting A Business
Have an independent streak? If you’re an American, chances are you do. The U.S. consistently leads developed countries around the world in the rate of entrepreneurship, and 25 million people were in the process of starting or running a new business
Business & Finance | Business
First Take: Nokia hit hardest in Microsoft layoffs
Even by Silicon Valley's out-sized standards, this week has been head-spinning.
Business & Finance | Careers & The Workplace
In 1938, the New York Times Thought Disney Toys Would Save the U.S. Economy
Snow White dolls were the wearables of the 1930s.
Politics | Op-Ed
Why I can’t be both an economist and a liberal
In today's America, I can't be both an economist and a liberal.
Business & Finance | Business & Finance
9 States Where The Job Market Is Booming
Tips on crafting a resume and asking stellar interview questions are helpful—but when you’re looking for a job, your geographic location might be just as important.
News | The News
Federal Tax Revenues Set Record Through May; Feds Still Running $436B Deficit
Federal tax revenues continue to run at a record pace (in inflation-adjusted dollars) in fiscal 2014, as the federal government’s total receipts for the fiscal year closed May at an unprecedented $1,9
Business & Finance | Business
RadioShack to close hundreds of stores
RadioShack is set to close 200 more stores as revenue continues to decline. The company's stock fell over 9% Tuesday.
Miscellaneous | Miscellanneous Stuff
This Abandoned Wasteland Was Once America's Largest Mall
The life and death of the American mall is a familiar story by now. A few decades ago, these shrines to consumerism dotted suburbia, only to be denied relevance by a push back towards city centers. But few images express the scale of this trend as much as
Miscellaneous | Other Interesting Stories
Here's The Salary You Have To Earn To Buy A Home In These 12 Major US Cities
Ever wonder who exactly can afford to buy a home in the country's biggest cities? We take a look.
Business & Finance | Business & Finance
4 Reasons Your Payroll Costs Will Soon Explode
Whether you like it or not, the facts are that your payroll costs will be exploding over the next few years.
Business & Finance | Careers & The Workplace
Venture Capital Is In a Recovery, Not a Bubble
Just because venture investment is up doesn't mean we are awash in froth.
