February 5, 2020
“Economic optimism has reached a 44-year high and economic gloom a record low under President Trump in the latest survey that shows people in the United States are cheering their best personal economy in decades. For the first time in… Continue Reading…
February 5, 2020
“The jobs market kicked off 2020 in grand fashion, adding 291,000 in private payrolls for the best monthly gain since May 2015, according to a report Wednesday from ADP and Moody’s Analytics. That was well above the 150,000 estimate from… Continue Reading…
January 30, 2020
“Stocks pared losses, with strong corporate earnings bolstering confidence in the U.S. economy even as investors remain concerned that the spread of the coronavirus will derail the global recovery. The S&P 500 retreated for a second day, trimming its January… Continue Reading…
January 28, 2020
“The National Association for Business Economics said in a survey released Monday that 67% of respondents expect America’s gross domestic product — the most complete measure of the nation’s economy — to grow by 1.1% to 2% this year. A… Continue Reading…
January 22, 2020
“Global growth is expected to hit 3.3 percent this year, the IMF predicted. That is up from 2.9 percent last year, which was the worst year for the world economy since the Great Recession. The more upbeat forecast for 2020 is… Continue Reading…
January 15, 2020
“Americans in every U.S. metropolitan area experienced economic prosperity in 2018, according to a recent report from the Bureau of Economic Analysis. For the first time in 26 years, no metro area saw per-capita incomes fall that year — the… Continue Reading…
January 15, 2020
“The federal government spent a record $1,163,090,000,000 in the first three months of fiscal 2020 (October through December), according to the Monthly Treasury Statement released Monday afternoon. That was up $48,008,200,000 from the $1,115,081,800,000 (in constant December 2019 dollars) that the… Continue Reading…
January 14, 2020
“The Chinese yuan strengthened Tuesday to its highest level in more than five months as the United States removed China from its currency manipulator list. The US Treasury Department on Monday stripped away its designation of China as a currency manipulator, days… Continue Reading…
January 8, 2020
“The Federal Reserve Bank of New York added $76.9 billion in temporary money to financial markets Monday. The Fed’s intervention came via an overnight repurchase-agreement operation that took in Treasury and mortgage securities…” https://www.wsj.com/articles/fed-adds-76-9-billion-in-overnight-money-to-markets-11578321440
January 1, 2020
“The federal debt increased by a record $10,796,419,662,320 in the decade that is coming to a close today, according to data published by the U.S. Treasury. This was the first decade in the history of the nation when increases in the federal… Continue Reading…
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