News
American Workers Are Doing Well Overall, But the Biden Years Sucked
3+ hour, 2+ min ago (524+ words) The Washington Post editorial board has a good piece up today about some new data put out by the Cato Institute. What the data is looking at is purchasing power. Over time, workers are caught in a balance between rising…...
Dow Jumps 1,000 Points as Stocks Rebound From a Tech Selloff
12+ hour, 4+ min ago (314+ words) Dip-buyers remain a powerful force in U.S. markets. A Friday surge brightened what had been a gloomy week on Wall Street, with bargain hunters flooding back to push the Dow industrials within reach of the 50000-point threshold. The blue-chip average soared…...
Feb 05 Challenger Report: January Job Cuts Surge; Lowest January Hiring on RecordJOB CUTS SURGE IN JANUARY; HIGHEST JANUARY TOTAL SINCE 2009. LOWEST JANUARY HIRING ON RECORD
1+ day, 13+ hour ago (738+ words) U.S.-based employers announced 108,435 job cuts in January, an increase of 118% from the 49,795 cuts announced in the same month last year. It is up 205% from the 35,553 job cuts announced in December, according to a report released Thursday from global outplacement and…...
Run It Hot: Trump, the Fed, and the Coming Currency Debasement
2+ day, 3+ hour ago (916+ words) The Trump administration has made no secret of its desire to push the monetary easing pedal to the metal, even as the engine is already near the red line. They intend to push the system as hard as possible today…...
Private payroll growth in January misses expectations as market awaits official jobs data
2+ day, 15+ hour ago (256+ words) US private employers added fewer positions than anticipated last month, according to the private payroll processor ADP, starting 2026 off on a downbeat note. Private payrolls grew by just 22,000 in January, ADP said Wednesday, below economists' expectations of 45,000 positions. The tally…...
The price of gold and silver has fallen sharply. Where did this plunge come from?
5+ day, 8+ hour ago (232+ words) The price of gold fell from a record $5600 to $4770 per ounce. On Friday, the price of silver fell by 31%. This is the biggest percentage drop in the price of this bullion since March 1980. What could be the reasons for such…...
Powell Out. Warsh In. What Trump’s Fed Pick Means for Rates and Market
6+ day, 5+ hour ago (1161+ words) President Donald Trump on Friday formally nominated former Federal Reserve governor Kevin Warsh to succeed Jerome Powell as chair of the U.S. central bank, bringing a turbulent and politically charged transition at the Fed closer to resolution. The decision concludes a…...
Top 10 contributors to global real GDP growth (2026)
6+ day, 10+ hour ago (118+ words) " Top 10 contributors to global real GDP growth (2026) 1" China " 26.6% 2" India " 17.0% 3" United States " 9.9% 4" Indonesia " 3.8% 5" T'rkiye " 2.2% 6" Nigeria " 1.5% 7" Brazil " 1.5% 8" Vietnam " 1.6% 9" Saudi Arabia " 1.7% 10" Germany " 0.9% " China + India alone = 43.6% of global growth " Asia-Pacific accounts for ~50% of total growth If these numbers are accurate, says a LOT about…...
Donald J. Trump: My Tariffs Have Brought America Back
6+ day, 11+ hour ago (207+ words) The "experts" predicted market crashes, massive inflation and recession. They were all wrong. When I imposed historic tariffs on nearly all foreign countries last April, the critics said my policies would cause a global economic meltdown. Instead, they have created…...
Post Powell Panic! Gold And Silver Crash Following Fed’s Decision To Do Nothingb
1+ week, 14+ hour ago (819+ words) Call it the Post Powell Panic! After The Fed decided to do nothing at the FOMC meeting. Gold is down -12% from the peak, trading below $5,000. Silver is down -21%, trading below $100 for the first time since Friday, officially in a BEAR…...