The Permian Basin in West Texas is producing vast amounts of oil, but a lack of infrastructure threatens the profitability for some companies.
The Coming National Debt Tsunami
Written by Bob Adelmann
According to the Treasury, the government’s national debt jumped in the fiscal year ending September 30 from $20.2 trillion to $21.5 trillion, or by $1.3 trillion.
The Conference Board's report on consumer confidence in September, released earlier this week, caught forecasters by surprise once again.
Thanks to the Trump tariffs on Chinese goods, the CEO of America’s last remaining manufacturer of flatware expressed optimism that his business would benefit greatly.
The jobless claims report from the Department of Labor (DOL) for the week ending September 15 came out on Thursday, showing unemployment to be at its lowest since 1969.
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In the first six months of 2018 alone, American companies have called back $465 billion of untaxed corporate earnings from abroad.
A month after Venezuelan President Nicolas Maduro imposed a mandatory 60-fold wage increase, nearly 40 percent of all Venezuelan stores have closed.
Thanks to the Trump tax reform, major corporations with billions held overseas are bringing those billions home to be reinvested here.
Obama told the college students at the University of Illinois that the booming economy we are now experiencing is his work, not Trump's. But as John Adams once said, "Facts are stubborn things," and the facts contradict Obama's brazen claim.
Trump Seeks Third Round of Trade Talks With China, Sensing Their Vulnerability
Written by Bob Adelmann
Will the third round of trade talks go any better than the first two?
The trade tariff strategy being implemented by Trump involves patience. For this group of American companies, their patience is wearing thin.