Economy

old empty factory, dying industry

Why Louisiana Is the Worst State for Business

Unemployment has steadily declined and remains close to a 10-year low. And with investors confident about the economy, the Dow Jones Industrial Average broke through the 20,000 mark early this ...
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Salt Lake City, Utah

Why Utah Is the Best State for Business

Unemployment has steadily declined and remains close to a 10-year low. And with investors confident about the economy, the Dow Jones Industrial Average broke through the 20,000 mark early this ...
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Young man using a credit card machine at a checkout counter in a supermarket

Credit Card Rewards Don’t Appeal to 43 Million Americans

While competition among credit card issuers generates dozens of enticements to shed a current card in favor of a new card offering more rewards, 48% of Americans rarely, if ever, ...
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elderly driver

Road Tests for Old People May Not Improve Safety

In theory, the reflexes and eyesight of elderly Americans affect their ability to drive safely. The same should hold true for the effects of cognitive decline. New data show that ...
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Student Debt

American Household Debt Almost Back at Pre-Recession Levels

The Federal Reserve Bank of New York's Center for Microeconomic Data has released its reading for the level of household debt for the fourth quarter of 2016. As the headline ...
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oil tanker

Sea Piracy Now Threatening African West Coast

Not so many years ago, reports of piracy offshore of Somalia were both common and well-reported. In 2015 and through the first three quarters of 2016, there have been exactly ...
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percentage button

Consumer Prices and Inflation May Have Just Forced Janet Yellen Into Interest Rate Hikes

There is an old saying that comes to mind here: Be careful what you wish for, you might actually get it! That's how some economic watchers are likely to feel ...
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percentage button

Janet Yellen Talks Up Growth and Interest Rates to Congress

Federal Reserve Chair Janet Yellen gave her semi-annual monetary policy report to Congress on Tuesday. This was before the Senate Banking Committee, and some might interpret her words as a ...
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warehouse

Wholesale Inflation Surged in January, With Caveats

If you have been worried about the inflation bogeyman coming back to get you with a vengeance, the Produce Price Index (PPI) for final demand in January might fit the ...
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small shop

January Small Business Optimism Ticks Higher, Wages Up 4%

The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for January rose 0.1 point from 105.8 in December to come in at 105.9. ...
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Valentine's Day candy

The Romance of Gift Cards

Nearly a third of Americans would rather receive a gift card as a Valentine's Day present than anything else. That's more than twice as many who would prefer flowers and ...
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Valentine's Day candy

Valentine’s Day Spending to Top $26 Billion

Tomorrow is Valentine's Day, and if you don't want to be left out of the celebration you'd better hurry and do your part to help retailers reach the expected U.S. spending ...
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Taxes

150 Million People Filed Taxes in 2016

It is probably a sign of things to come, just as Americans prepare to file their 2016 tax returns during 2017. Some 152,544,000 individuals filed tax returns last year, up ...
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Romantic Candlelight Dinner

Is Your Valentine True? Warning About Costly Sweetheart Swindles

In 2016, sweetheart swindles were the ninth-most reported form of fraud, and the most expensive for victims, with a median loss of $2,000. With Valentine's Day just around the corner, ...
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Shipping containers

US Trade Deficit in 2016 Was the Biggest in 4 Years

Special from ZeroHedge In a report that will be closely watched by Donald Trump, the U.S. Bureau of Economic Analysis announced that the US trade deficit in December decreased modestly ...
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