Black Unemployment by State
The likelihood of being unemployed in the United States depends to some degree on race and ethnicity. In 2015, 5.3% of the U.S. labor force was unemployed. For black or African American workers, the…
Economy
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Newest first · Page 194White Unemployment by State
The likelihood of being unemployed in the United States depends to some degree on race and ethnicity. In 2015, 5.3% of the U.S. labor force was unemployed. For white workers, the jobless rate was…
Is Carjacking America’s Most Dangerous Urban Problem?
Urban crime problems have not grown in most big cities, with a few exceptions. The residents of Milwaukee identified three crime problems as the most acute.
Is Cold Weather Good News or Bad for Retail?
A blast of cold Arctic air swept across much of the northern part of the country last week, and an even colder shot is due in the next few days.
Consumer Prices Justify Rate Hike
While the latest Consumer Price Index may not look extremely hot on inflationary pressures, its supports why the Federal Reserve raised the federal funds rate on Wednesday.
Philly Fed Blows Out Expectations in December
Thursday's release of the so-called Philly Fed reading showed that manufacturers were much more optimistic about growth over the next six months.
Americans’ Debt Total: $12.35 Trillion
Including mortgages, the average American household carries more than $132,000 in debt. A major reason for the increase is that cost of living has outpaced income growth over the past 13 years.
Minimum Wage to Rise in 19 States
As a result of the November election, about 2 million workers in four states will get a pay raise on January 1.
Cold Weather Could Undermine Holiday Sales
The first of two polar vortex events was a few days ago. The next will hit this weekend, at the peak of the late shopping season.
Fed Hikes Interest Rate, See More to Come
To virtually no one’s surprise, the Federal Open Market Committee (FOMC) of the Federal Reserve raised the policy interest rate from a range of 0.25% to 0.5% to a new range of 0.5% to…
2017 Will Be the Year of Inflation
ThinkstockSpecial from ZeroHedge With crude oil prices up over 50% YoY (the most in 6 years), and retail gas prices up over 10% YoY (the most in 5 years), Bloomberg’s Garfield Reynolds suggests the…
Producer Prices Increase Enough for Rate Hike Cover
Inflation continued to rise on the wholesale level in November, at least by enough to offer cover for a Federal Reserve rate hike.
Import and Export Prices Act as Curve Ball for Fed Rate Hike
While some inflation has been in seen, it seems like the strong dollar is capping the prices for what Americans are importing from abroad.
Why This Week’s Expected Fed Funds Rate Hike Almost Has to Happen
If you have been anxiously awaiting that long-expected interest rate hike by the Federal Reserve, this week is when you are likely to see it take place. Janet Yellen and the Federal Open Market…
Wholesale Inventories Dip in October
The U.S. Census Bureau reported Friday morning that U.S. wholesale sales rose more than 1% in October and wholesale inventories declined.