1+ week, 2+ day ago   (610+ words) The Bureau of Labor Statistics reported there were 162,000 jobs added in August, while the unemployment rate remained unchanged at a low 4.1 percent. The BLS noted that the average monthly gain over the previous 12 months has been 31,000. The total number of…...

3+ mon, 1+ week ago   (582+ words) For two decades, the Federal Reserve has behaved less like a central bank and more like the nation’s emergency room physician, trauma counselor and part-time life coach. Markets sneeze, the Fed reaches for liquidity. Congress overspends, the Fed absorbs the…...

3+ mon, 1+ week ago   (370+ words) The roaring Trump economy shattered job growth expectations in May, according to new data. May’s jobs report shows that 172,000 jobs were added, according to Yahoo Finance. Unemployment remains at 4.3 percent. As noted by CNBC, that dwarfed predictions of 80,000 new jobs....

3+ mon, 2+ week ago   (555+ words) A new report by the Government Accountability Office indicates that approximately 10 percent of the federal deficit could be erased just by ending improper payments. Further, when coupled with a crackdown on outright fraud, the federal deficit could be cut by…...

4+ mon, 1+ week ago   (354+ words) The national debt exceeded the size of the entire U.S. economy — marking the first time the grim milestone has been reached since World War II. The current national debt held by the public was $31.27 trillion on March 31, but nominal gross domestic…...

4+ mon, 1+ week ago   (741+ words) The national debt exceeded 100 percent of the gross domestic product at the end of March and is on a path to reach a level not seen since the end of World War II. The Committee for a Responsible Federal Budget said…...

4+ mon, 4+ week ago   (388+ words) Federal prosecutors made a surprise visit Tuesday to the construction site of the Federal Reserve’s headquarters renovation project. Workers at the site refused to admit them, saying they did not have clearance in advance of the visit, according to The…...

5+ mon, 20+ hour ago   (732+ words) Recent press reports and opinion poll results declare the U.S. economy is in worse shape than it was in 2021 through 2024. This impression prevails despite very high gross domestic product growth and falling inflation in the second and third quarters of last…...

5+ mon, 1+ week ago   (460+ words) New economic data filled America’s Easter basket with upbeat news Friday The Labor Department announced that the Trump economy added 178,000 jobs in March, according to The Wall Street Journal. The experts were projecting a gain of about 50,000 jobs, coming a…...