As the Summer Heats Up, the Economy Cools Down
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…
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This Is Why New Orleans Is Still Struggling to Regain a Third of Its Population
As Tropical Storm Barry moves toward New Orleans and still may become a hurricane, it will strike a city much smaller than it was just 60 years ago.
Democracy Is Worth 20% of a Country’s GDP, Research Shows
Over the past 50 years, countries that have switched from non-democracies to democracies show a 20-point increase in GDP as a result.
The “Stranger Things” Kids Make More Per Episode Than Most Americans Do All Year
Everybody knows that movie and TV stars make a lot more money than ordinary humans, but sometimes seeing the numbers in black and white brings home just how much they are actually paid. We’re…
June Small Business Optimism Slips on Low Sales Expectations
The small business optimism index dipped slightly in June as owners cut back on plans for new hiring and capital spending.
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.
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.