Weekly Jobless Claims and Retail Sales Bring Stocks Back Up on Thursday
There was good news again on the retail sales front after some prior disappointments, and the weekly jobless claims were quite low.
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Ocean Plastics 10 Times Worse in the Last 20 Years Than in the Previous 4 Decades
The amount of plastic debris found in the North Atlantic has increased by more than 10 times since the turn of the 21st century.
China Economy Expands at 6.4% as Strong Growth Holds
Many experts believed a trade war with the United States would dampen China’s economic growth. They were wrong. It grew by 6.4% in the first quarter, a sign that the Chinese economic miracle has…
Slower Industrial Production and Capacity Utilization Signal US Not Immune to Slower Global Growth
One concern here is that the United States is proving to not be entirely immune to the slowing global growth story. What if the pressure against global growth remains or gets worse rather than…
Nearly Half of Americans Say Their Taxes Are Too High, Lowest Level Since 1956
A new survey shows that less than half of Americans believe their tax burden is too high, the lowest level since 1956.
A Rare Tornado Watch in Manhattan Today
The National Weather Service issued a Tornado Watch for Manhattan as lightning brightened normally dark skies. The watch was scheduled to last until 7 a.m.
Can Smiling Make People Happier?
When people get happy, they often smile. New research shows that when people smile, on the other hand, they get happy. But do they?
US Farmers and Ranchers Getting Older, Fewer, More Female
The U.S. Department of Agriculture released its 2017 Census Thursday. The data continues a trend downward in both the number of farms and ranches and in the amount of U.S. land devoted to farming.
These Are the Places Americans Will Vacation in This Summer
About two-thirds of the people who travel for leisure will take a summer trip this year. Many of them will leave the United States altogether.
CEOs in America Continue Losing Their Jobs at a Record Pace
U.S. CEOs continued leaving their jobs at a near-record pace in March, lifting first-quarter departures to their highest-ever total.
Higher US Inflation in March Is the Envy of Europe
The Bureau of Labor Statistics has released its first look at consumer inflation for the month of March. The Consumer Price Index came it a bit hotter than expected
Famous Colleges Aside, It’s Easier Than Ever to Get into Good Universities, Study Shows
Among the things lost in the admissions scandal involving parents who paid money under the table to get their children into elite schools is that college is not that hard to get into.
Why the IMF’s 2019 Global GDP Growth Decline Expectation Actually Looks Better Ahead
The International Monetary Fund (IMF) has made another economic projection for 2019, and it’s got some bad news with it — slower global growth. After this time a year ago when…
Half of US Taxpayers Paid 97% of 2016 Federal Income Tax
Just ahead of the filing deadline for 2018 federal and state income taxes, the IRS published its roundup of 2016 income and taxes. Americans reported more than $10 trillion in income and paid about…
American Restaurant Spending Is Through the Roof
According to data just released by the National Restaurant Association (the “other” NRA), U.S. restaurants are projected to reach a record $863 billion in sales in 2019, up 3.6% from 2018. The most substantial…