Within 15 minutes of Friday morning’s release of the July jobs numbers by the Bureau of Labor Statistics (BLS), President Trump tweeted: “Excellent Jobs Numbers just released — and I have just begun. Many job stifling regulations continue to fall. Movement back to USA!”
There's one indicator that investors are missing when it comes to assessing the strength of the economy as it pertains to the stock market: the "Bernanke" indicator.
There are only two conclusions that might be drawn by a study that acknowledges the predicted economic pain inflicted on the poor by Seattle's mandated minimum-wage increase: Either the members of the Seattle City Council are abysmally economically ignorant, or they intended the results of their actions.
The new sugar agreement between Mexico and the United States is a sweet deal for Big Sugar, not so much for Americans wanting to satisfy their sweet tooth.
Hartford is the latest example of a fiscal death spiral. July 1 is the day when it runs out of both airspeed and altitude.
In the same battle between the free market and the regulators that has been going on for centuries, the European Court of Justice will decide if Uber will be regulated in the same way that taxi cartels are regulated, thereby effectively ending the service.