Retail businesses lead all sectors in job cuts; 41,201 employees have lost jobs through February — 92 percent higher than the 21,484 job cuts made through February 2018.
Thanks to fracking and an increase in pipeline capacity, United States will surpass Saudi Arabia later this year in exports of oil and other petroleum products.
A single new job in the economy has a multiplier or ripple effect. Multiplied by hundreds, thousands, and millions, it's no wonder the U.S. economy is the envy of the world.
The ADP jobs report issued Wednesday put the lie to the naysayers on Wall Street who continue to predict a slowing economy.
A new Brookings report on increased automation in the workplace should be viewed as a positive for higher standards of living for everyone enjoying the U.S. economy.
Volkswagen will be investing a total of more that one billion dollars in its Chattanooga plant to produce electric vehicles, creating new jobs for American workers.
Investors are predicting a continuation of the present bull market, and U.S. Steel is one example of a company doing better because of Trump’s tariffs.
Fed Chair Jerome Powell said that despite a great jobs report, the Federal Reserve would not try to stall the economy to ward off inflation, but his actions speak louder than his words.
A month ago, bond investors were predicting that the Fed would be raising interest rates several times in 2019. Those same investors are predicting the Fed has now done its job and won’t be raising rates in the New Year.
The spark that ignited the late day rally in stocks on Thursday was most likely a comment about a potential meeting between Trump and the Fed head.