Last Friday’s numbers from the Bureau of Labor Statistics said that private payrolls in February jumped by 235,000.
In the past few years of heavy marketing and favorable media coverage, one would expect that the electric-car market would have taken off. It hasn’t, though; it survives on government handouts.
President Trump announced that he is going to impose tariffs on imported steel and aluminum, much to the consternation of House Speaker Paul Ryan and others in the GOP.
Fed Chairman Jerome Powell addressed the House Financial Services Committee, and his hints that interest rates may gradually be increased affected the financial markets.
Once Wall Street traders read beyond the headlines released early Wednesday morning by the Bureau of Labor Statistics, they reversed the early selloff and bid the market higher.
On the surface, the White House’s plan to rebuild America’s failing infrastructure looks like magic, and it relies heavily on the concept of “public-private partnerships” to fund the program.