Economy

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Can America Fix 63,000 Bridges?

There are more than 600,000 bridges in the U.S. and the average age of a bridge is 42 years. Drivers make approximately 210 million trips daily across deficient bridges in ...
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Weekly Jobless Claims Surge Higher

The U.S. Labor Department is out with another weekly jobless claims reading. Weekly claims rose by 24,000 to 329,000 in the past week, and the prior week's reading was revised ...
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factory

Durable Goods Prove to Be Very Durable in March

Were prior reports on durable goods kept lower due to weather? It seems so. The March durable goods report from the Department of Commerce came in at a headline reading ...
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education

Are Parents of Adopted Kids More Educated Than Biological Parents?

The U.S. Census Bureau releases some interesting studies throughout the course of the year. Considering that it has the Census report, it does after all have access to solid data ...
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American flag

Leading Indicators Point to Stronger Economy This Summer

The Conference Board's Leading Economic Index increased in March, its third consecutive gain. More importantly, the Conference Board suggests this hints at accelerated growth likely into the summer. That will ...
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Stock Split Image

Chicago Fed National Activity Meets Expectations, but Disappoints

The Chicago Fed National Activity Index (CFNAI) is out for the month of March, and this is often used as one of the first super-regional economic readings. It is used ...
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North Dakota Unemployment Rate at 2.6%

Attribute it to the benefits of shale. North Dakota, much of which sits atop of the Bakken Formation, one of the largest natural gas formations in the world, has a ...
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West side view of the United States Capitol building.

An Increase in Minimum Wage Could Cost Business $15 Billion

The Congressional Budget Office released a report that claims that an increase in the national minimum wage to $10.10 will cost American businesses $15 billion in 2017. The debate about ...
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Smokestacks

Surge in Philly Fed Reading Contradicts Empire State Report

The Federal Reserve Bank of Philadelphia's Business Outlook Survey jumped from a reading of 9.0 in March to 16.6 in April. That was the strongest reading since last September, and ...
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Another Solid Week for Jobless Claims

The U.S. Labor Department has released its tally on weekly jobless claims, and the figure rose by 2,000 to 304,000. The prior week's reading was revised higher to 302,000 from ...
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Federal Reserve

Fed Beige Book Reflects Improved U.S. Economy

U.S. economic activity increased in most of the 12 Federal Reserve districts since the March report according to the April version of the Beige Book released Wednesday afternoon. Eight Fed ...
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Janet_yellen

Janet Yellen Talks Up Progress in Labor Market, Addresses Inflation

Federal Reserve Chair Janet Yellen spoke at the Economic Club of New York on Wednesday, April 16, regarding monetary policy and the economic recovery. The initial reaction was that the ...
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WMT strike Black Friday 2012

Workers Say Walmart Chairman Owes $7.8 Billion Tax

A new report from a coalition called Americans for Tax Fairness (ATF) claims that Wal-Mart Stores Inc. (NYSE: WMT), Chairman Rob Walton and the entire Walton family owe the United ...
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Inflation

Consumer Inflation Ticks Higher in March

The Consumer Price Index (CPI) in the month of March did not follow the exact same gains as last week's Producer Price Index. That generally takes two months or even ...
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Graphene Crystal

Over Half of Americans Think Taxes Too High

In the midst of a period when the U.S. government is cutting expenses and looking for more revenue to close the budget gap and slow the ballooning of the national ...
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