If the Economy’s So Good, Why Is GDP So Low?
In 1950 the U.S. economy saw GDP growth of 8.7%, a number that seems almost hard to fathom today. There's something missing in today's so-called historically strong economy: blowout.....»»
We have more insights as to where the economy is headed — and it"s not good
Inflation rearing its ugly head again proved problematic for the market. Inflation has practically wiped out excess savings from the pa.....»»
Daily Digest: Allstate eyes California return; Firm to cut 1,000 jobs after financial error
Good morning, Bay Area. In the economy, U.S. economic growth slid to an almost two-year low last quarter while inflation also ticked up and GDP increased at a 1.6% annualized rate, below all economists’ forecasts. All this while the econom.....»»
CNN Is Wrong... Deflation Is A Good Thing
CNN Is Wrong... Deflation Is A Good Thing Authored by Soham Patil via The Mises Institute, A recent video by CNN states that lower prices are bad for the United States economy and that consumers must get used to the new.....»»
Daily Digest: Frontier Airlines heightens SFO service; Tech unicorn to cut hundreds of S.F. jobs
Good morning, Bay Area. Starting your daily roundup with the economy, the consumer price index rose 3.5% in March, higher than expectations and marking an uptick in inflation. In local transportation, Caltrans said a new section of southbound H.....»»
Wealthy millennials could be the key to driving America"s post-pandemic economic boom
Higher-income millennials plan to spend the most post-pandemic, a McKinsey report found. That's good, because the economy needs them to. H.....»»
The declining American birth rate could actually be good for the economy
The CDC found the US bi.....»»
Peter Schiff: The Fed Cheats To Avoid Getting An "F" On The Economy
Peter Schiff: The Fed Cheats To Avoid Getting An 'F' On The Economy Via SchiffGold.com, A lot of the economic data that came out last week looked pretty good. GDP growth came in.....»»
Derby Day: Essential Quality"s odds are up after a Texas-sized bet
Nothing like a good furniture sale to get the economy moving, right? Jim "Mattress Mack" McIngvale, a Houston furniture magnate, has a promotion that anyone spending $3,000 or more on their next mattress would get it free if his favorite Derby.....»»
Starting a career in engineering? Here are 3 tips to find your best fit
As we emerge from the pandemic, the U.S. is showing signs of a tightening job market. That means the economy is picking up again — a good sign for job seekers, including those joining the workforce for the first time. Many technical fields, e.....»»
Outside the Box: Biden’s plan to raise capital-gains taxes on the rich is good politics but bad economics
For an administration that wants to rebuild an economy with 21st century priorities, increasing investment should be at the top of the list.....»»
The labor market is the strongest it"s been since the pandemic started - and setting up a huge boost to America"s most crucial economic engine
Despite pockets of labor shortages, supercharged hiring and spending are in evidence. That's good, since consumer spending is 70% of the US economy. Michael M. Santiago/Getty Images Tu.....»»
Data dive: How"s the economic recovery going in Memphis? And who"s hiring?
The Memphis MSA is closer to its pre-pandemic employment level than all but seven of the nation's 53 largest MSAs, according The Brookings Institution. Here's the good news and complicating factors as the workforce looks to recover from the COVID economy......»»
Stock futures trade higher ahead of jobs report on Good Friday
The Labor Department is expected to say the U.S. economy added 647,000 new nonfarm jobs last month, up from a much stronger-than-expected increase of 379,000 jobs in February.....»»
WATCH: 4 top energy execs dish on Big Oil"s reputation, the breakthrough tech we need, and why surging oil prices are actually good for clean energy
Execs from Shell, Facebook, Oliver Wyman, and battery startup Form Energy joined Insider for a discussion on the future energy economy. Watch it here. Most major energy and tech companies have promised to cut their emissions. Insider in.....»»
The jobs report may look good, but it also proves the economy is sicker than it seems
The unemployment rate and the jobs that are being added are not the best indicator of where the US economy and the jobs market actually stands. Paul Sakuma/AP Images The jobs report sh.....»»
Op-ed: Saudi Arabia"s evolution could be good for your business
Saudi Arabia's plan to diversify its economy could mean new opportunities for your business......»»
Economic Report: Durable-goods orders post biggest gain in six months in a good sign for the economy
U.S. man.....»»
Economists are scared to tell you the good news about the US economy
Stronger consumer growth, more stimulus, COVID vaccines - the.....»»
With millions of jobs likely gone for good, the pandemic is forcing unemployed Chicagoans to rethink their careers
Across Chicago, the job market is tight as the ongoing health crisis continues to batter parts of the U.S. economy, forc.....»»