Hispanic Population in US Hits New High
There are nearly 60 million Hispanic people in the United States, which means they make up 18% of the population. That number is expected to grow substantially over the next several decades.
Economy
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This Is How Much Gas Americans Use a Day and Why It Matters
Americans use an extraordinary amount of gasoline per day, which means even a small price change can cost consumers hundreds of millions of dollars a year.
US Payrolls Rise More Than Expected in June, and the Market Is Disappointed
While the unemployment rate rose in June, payroll growth was stronger than expected. The strength of the jobs market may just keep the Federal Reserve from being so aggressive on rate hikes.
In July 1776, 2.5 Million People Lived in the 13 Colonies And …
When measured by the population in what would become the United States the month the Declaration of Independence and the U.S. population today, the growth has been extraordinary. According to new data from the…
US May Trade Deficit Widens to 2019 High Despite Tariffs
The U.S. trade deficit increased by $55.5 billion in May, a bigger jump than expected. Trade with China accounted for about 60% of the gap.
Housing Market Signals Coming Recession
The housing market is offering up strong signals that a recession is looming and could begin by the fourth quarter of this year.
Small Biz Employment Trends Soften in June, but Wage Pressures Continue to Rise
It's still too soon to call the U.S. Department of Labor's unemployment situation report due this Friday, but the Paychex and IHS Markit report called the Small Business Employment Watch showed a drop in…
Why Don’t Teenagers Want Summer Jobs Anymore?
In his 1958 hit single “Summertime Blues,” rock-and-roller Eddie Cochran threatened to raise a ruckus “About workin’ all summer / Just-a trying to earn a dollar.” Chances are that today he wouldn’t have anything…
Fireworks Sales to Top $1.3 Billion This Year
The fireworks business receives most of its revenue in the leadup to the 4th of July holiday. That revenue has surged recently.
These Are the 10 Places Americans Will Go for Fourth of July
Almost 49 million Americans will travel over the Fourth of July weekend, according to the AAA. That will be a record.
China Manufacturing Activity Moves Toward Recession Level
Because China's economy and employment is so dependent on factory work, contraction means that a key factor of the health of domestic product has signaled deep trouble.
IMF Forecasts Net Income of $2.4 Billion in Current Year
The International Monetary Fund has posted its financials. Here are the results.
June Consumer Sentiment Index Dips on Tariff Worries
The University of Michigan consumer sentiment index for June was the same as the index reading for June 2018. Month over month, however, the index declined slightly on consumer worries about added tariffs.
Personal Income and Spending Both Gained in May
The Commerce Department reported gains in both personal income and in spending in May of 2019. The gain in personal income was primarily from personal interest income, wages and salaries, and government social benefits.
You Can Now Expect Hackers to Hold Your City for Ransom
Could hackers take control of much of your town's government and essentially hold it for ransom as the only means to get its systems back online? It's a question that is being asked more…