Detroit Stats
(www.detroitstats.com), one of the new family of city statistics sites launched by 24/7 Wall St. LLC, went live last week. Stories at the site: Michigan Has the 4th Lowest Vaccination Rate Despite longstanding…
Economy
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Springfield, Illinois, Is America’s Top City for Unions
Labor Day. A celebration of America's workers. It is 100 years old, at least in some states, and it has a special place in the heart of America's labor unions.
The Money Anxiety Most Americans Face
From The Fiscal Times Even as Americans are racking up ever-higher levels of credit card debt and student loans, they’re claiming that paying down what they owe is their top financial priority. A new…
California Just Passed a $1 Billion Tax on the Whole Country That No One Noticed
The California State Assembly recently passed a bill that received minimal recognition by the press, outside of the state, but has substantial negative consequences for basically everyone in the country.
When a Weak Payrolls Report Is a Good Thing
The unemployment rate remains very low, but the payrolls gains are not so strong that they would press the Federal Reserve into an aggressive rate hike stance.
Rising Labor Costs Overshadow Negative Worker Productivity
With 2016 being an election year, everyone keeps getting reminded that the middle class and working class are not getting their fair slice of the economic pie. There might not have been adequate pay…
Dilma Rousseff, One of the 50 Least Powerful People in the World, Thrown Out of Office
Dilma Rousseff, the president of Brazil, was thrown out of office by the country's senate, not long after 24/7 Wall St. published its 50 Least Powerful People in the World with Rousseff is on…
Where’s Mine?
The U.S. Securities and Exchange Commission (SEC) on Wednesday said that 33 whistleblowers have received payments exceeding $100 million since the program’s inception. The SEC also reported that it has extracted more than $500…
Is Canada at Risk of Entering Recession?
It is always hard to call a recession, particularly in a foreign country. But is it too soon to worry about a recession for our trading partners in the north?
ADP Sets Muted Tone for Department of Labor Payrolls Report
If economists and investors were hoping for a super-strong payrolls report from the U.S. Department of Labor this Friday, their hopes may have just been muted by the ADP Payrolls report for the month…
Why Solid Consumer Confidence Is Not Good for Stocks
In traditional economic analysis, the stock market is supposed to cheer strong economic news. Right now the financial markets seem to be hoping for economic good that is just marginally good.
The 10 States That Contribute Most to the $1 Trillion Pension Disaster
From The Fiscal Times While a handful of states including West Virginia, New York and Indiana have made important strides in reducing major shortfalls in their employee pension plans, many others are just treading…
Chicago Records ‘Most Violent Month in 20 Years’
Special from ZeroHedge With 3 days left in the month of August, the city of Chicago has recorded 84 homicides making it the deadliest month since October 1996 when 85 homicides were committed. In…
Almost Half of Blacks Treated Unfairly In ‘Last 30 Days’
In a period during which the tension between Black Americans and police are at a recent high, and the question of how Black American are treated by White Americans, a new Gallup poll’s results…
Fed Chair Yellen Keeps Rate Hike Talk Alive — When Is Another Matter
Federal Reserve Chair Janet Yellen's latest speech continues to point more toward a Federal Open Market Committee (FOMC) rate hike. The real question is when.