Student Debt Stopped 400,000 Home Sales
Rising student loan debt has prevented about a fifth of young Americans from purchasing homes.
Economy
All Economy Articles
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5 Huge Industries That Will Be Hurt by Government Shutdown
The government's partial shutdown will hurt some parts of the economy much more than others, and that pain has already started.
Shutdown Could Cost Economy $4 Billion a Month
The government shutdown could be costing the U.S. economy some $4.3 billion a month in pretax dollars. The shutdown has a particularly harsh effect on families of the country's military forces.
What Americans Should Know About Tuesday’s Failed Brexit Vote
The British Parliament delivered a very wide defeat to Prime Minister Theresa May's proposed Brexit deal terms. For the time being, at least, Britain will remain in the European Union.
Why Chinese Investments in US Have Tumbled 90% in Just 2 Years
Chinese direct investment in U.S. assets fell to a seven-year low last year and the outlook for 2019 is worse barring a warming in relations between the U.S. and Chinese governments.
LA Teacher Strike Sidelines 600,000 Students
Teachers at the Los Angeles Unified School District, one of the largest in the nation, have gone on strike to protest what they claim are classes with too many students.
Producer Price Index Moves From Inflation Back to Deflation
The Department of Labor reported that the Producer Price Index for final demand fell more than expected in December.
Is Wage Growth a Sign of Looming Inflation?
With the U.S. unemployment rate at its lowest level in decades, how much should Americans worry about rampant inflation as workers begin to see real increases in their paychecks?
Most Americans Don’t Expect Their Finances to Improve
As a partial government shutdown begins to bite the economy, trade friction with China increases and real wages have been close to static for over a decade, Americans do not think their financial situations…
As Shutdown Lingers, Trump Remains Odds on Favorite to Win in 2020
The partial shutdown of the federal government and violent tug-of-war over the construction of a wall between the United States and Mexico has not hurt Donald's Trump's odds to win the next election.
The Government Still Forecasts the Weather, for Now
People take weather reporting for granted, which for decades has been the case. The National Weather Service, the core of the nation's weather tracking operations remains open, for now.
Federal Reserve Payments to Treasury Decline With Balance Sheet Shrinking
The Federal Reserve announced on Thursday that it had sent payments of more than $65 billion back to the U.S. Treasury from its estimated net income in 2018.
What Will Be the World’s Biggest Economies by 2030?
Currently, the top economy in the world is that of the United States, but it could be overtaken in the next decade according to new forecasts.
Germany Enters 2019 Teetering on the Brink of Recession
Germany's Federal Statistics Office reported that industrial production in November marked the third consecutive month with declines.
December Small Business Optimism Dips as Hopes for Economic Growth Slide
Small business optimism dipped slightly month over month in December, and the year ended with a record number of job openings, stronger plans to create more jobs, and more investment in inventory.