The Commerce Department reported on Friday that the domestic economy grew at a rate of 2.1% in the second quarter of 2019. The better-than-expected report on Gross Domestic Product (GDP) was better than the…
The Chicago Federal Reserve Bank released its June national activity report Monday morning. The U.S. economy has moved to within a hair's breadth of the long-term trend, strengthening the case for a small reduction…
The U.S. House of Representatives has passed a bill to take the federal minimum wage to $15 an hour. There is evidence that more than 3 million people could lose jobs because companies may…
While the markets have yet to see national manufacturing data, there has been an improvement in two of the regional reports showing some live indications for the month of July.
As Tropical Storm Barry roars ashore in Louisiana and promises to dump inches of rain in the states north of it, several states in the region are very well prepared for weather emergencies, and…
The NOAA has forecast that Tropical Storm Barry, or possibly a Category 1 hurricane which grows out of the storm, will hit the Lousiana coast early tomorrow morning. Aside from anxiety about the risk…
There is something to the market adage “Sell in May and go away,” and it’s not just that traders and people in general are taking vacations over the summer and business tends to slow…