There are several surprises in the Department of Labor's new jobless claims statistics, pointing to an improvement in the economy.

Robots are increasing efficiency in manual-labor jobs such as construction and warehousing, working right alongside people. But as some jobs are replaced, new ones will open up.

The eighth wonder of the investment world — compound interest — won't be enough to bail out underfunded pension plans.




The hotel industry is lobbying government at all levels to impose regulations and taxes on Airbnb in an effort to stifle competition.

Despite OPEC’s attempt to manipulate world crude-oil prices to its benefit, the oil and gas rig count in the United States jumped by 15 last week and now sits at 824, an increase of 374 in just the last year, putting one more nail in OPEC's coffin.

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