Economy - /contrib/economy

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Job growth screeches to a near halt in May, with private payrolls up just 27,000...
Submitted to Category: /contrib/business/, /contrib/economy
Companies added just 27,000 new positions during the month, according to a report from payroll processing firm ADP and Moody's Analytics that was well below Dow Jones estimates of 173,000.
By Anonymous Submission on 2019-06-06 15:37 UTC
Tucker Carlson Touts An Unlikely Ally As He Slams 'Libertarian Zealot' Republicans...
Submitted to Category: /contrib/politics/, /contrib/economy
Fox News host Tucker Carlson slammed Republican politicians on Wednesday for abandoning the economic nationalism that their base voted for in 2016 in order to appease the libertarian donors to whom they are beholden.
By Anonymous Submission on 2019-06-06 11:53 UTC
This Wasn't Supposed To Happen: U.S. Employment Growth Just Plunged To The Lowest Level In 9 Years...
Submitted to Category: /contrib/US/, /contrib/economy
Things that used to take months or years to happen are now happening in a matter of days.
By Anonymous Submission on 2019-06-06 11:51 UTC
Pending home sales fall, marking the 16th-straight month of annual declines...
An index of home-contract signings fell for the second month out of four so far in 2019, further evidence that the hoped-for rebound in housing is going to...
By Anonymous Submission on 2019-05-30 16:25 UTC
Morgan Stanley: "Something Is Not Quite Right"...
Submitted to Category: /contrib/business/, /contrib/economy
Just a few days after Morgan Stanley's chief equity strategy, Michael Wilson, warned that " volatility is about to rise... a lot ", the executive director of Morgan Stanley's institutional equity trading group, Chris Metli, has sent out an
By Anonymous Submission on 2019-05-30 16:23 UTC
Americans Can't Afford To Buy A Home In 70% Of The Country...
Even at a time of low interest rates and rising wages, Americans simply can't afford a home in more than 70% of the country, according to CBS . Out of 473 US counties that were analyzed in a recent report, 335 listed median home prices were more than
By Anonymous Submission on 2019-05-02 06:37 UTC
The U.S. just had the most Q1 layoffs in a decade...
Data: Challenger, Gray & Christmas, Inc; Chart: Axios Visuals The U.S. saw its highest level of layoffs in a first quarter since 2009, data from staffing firm Challenger, Gray & Christmas released Thursday showed. By the numbers: Employers cut 190,410 job
By Anonymous Submission on 2019-04-05 17:33 UTC
Economic Slowdown Confirmed: Here Are 14 Very Alarming Numbers That Expose The Real State Of The Economy...
Authored by Michael Snyder via The Economic Collapse blog, The economic numbers just continue to get worse and worse, and at this point it has become exceedingly clear that an economic slowdown is happening. In fact, even the chair of the Federal Reserve
By Anonymous Submission on 2019-04-05 01:06 UTC
NEC Chairman Larry Kudlow Discusses Jobs Report, Wages, EU and China Trade Deal......
Submitted to Category: /contrib/business/, /contrib/economy
National Economic Council Director Larry Kudlow discusses the February jobs report, wage gains, stimulus from the European Central Bank, and President Trump's ongoing trade confrontation with...
By Anonymous Submission on 2019-03-09 04:53 UTC
Debt Crisis: Deficit Balloons 77 Percent In First Four Months Of Fiscal Year...
Submitted to Category: /contrib/US/, /contrib/economy
Flat revenues due to tax reform and more spending are driving the deficit to dangerous levels. The post Debt Crisis: Deficit Balloons 77 Percent In First Four Months Of Fiscal Year appeared first on The Resurgent .
By Anonymous Submission on 2019-03-06 14:48 UTC
Millennial debt passes $1 trillion...
Young people have the highest debt levels since the recession, according to the latest numbers from the New York Federal Reserve Consumer Credit Panel. Despite reducing their spending, total debt among 19-to-29-year-olds exceeded $1 trillion at the end of
By Anonymous Submission on 2019-03-04 18:10 UTC
Billionaire Kochs Back GOP/Dem Plan to Outsource Middle Class American Jobs...
The pro-mass immigration Koch brothers' network of billionaire, donor class organizations are backing a Republican-Democrat coalition that would allow for the swift outsourcing of middle-class American jobs to mostly Indian nationals.
By Anonymous Submission on 2019-02-12 19:09 UTC
Monopolies are the 'missing piece of the puzzle' when it comes to analyzing US inequality, investment researchers argue...
The inequality gap between the top 1% and the rest of the United States remains at unstable levels, for a wide variety of reasons.
By Anonymous Submission on 2019-02-05 21:53 UTC
42% of New Yorkers have lived in poverty at some point in the past 3 years...
Data: Robin Hood Poverty Tracker/Columbia University Population Research Center survey of 2,877 New York City adults between 2015 and 2018; Chart: Chris Canipe/Axios 42% of New Yorkers have lived in poverty at some point in the past three years. That'
By Anonymous Submission on 2019-02-03 18:46 UTC
U.S. job gains largest in 11 months; unemployment rate rises...
Submitted to Category: /contrib/business/, /contrib/economy
U.S. job growth surged in January, with employers hiring the most workers in 11 months, pointing to underlying strength in the economy despite an uncertain outlook that has left the Federal Reserve wary about more interest rate hikes this year.
By Anonymous Submission on 2019-02-01 19:59 UTC
GM expected to start cutting 4,000 white-collar workers Monday...
Submitted to Category: /contrib/business/, /contrib/economy
General Motors is expected to start its white-collar job cuts on Monday, but the carmaker might slash fewer jobs than it initially expected.
By Anonymous Submission on 2019-02-01 19:57 UTC
January Layoffs Up 21% to 53,000...
Submitted to Category: /contrib/business/, /contrib/economy
Source: ThinkstockIn a worrying start to the year, major companies laid off 52,988 workers in January, up 20.7% from December and up 18.7% from January a year ago. The data show a mixed trend. Long term, January 2019 numbers were better than for most Janu
By Anonymous Submission on 2019-02-01 19:57 UTC
College Grads Launch Protest Against H-1B Middle-Class Outsourcing...
An expanding group of American professionals is building support for a January 26 protest against the outsourcing of middle-class jobs via the H-1B visa program.
By Anonymous Submission on 2019-01-23 01:28 UTC
Big Cities Are No Longer Lands of Opportunity for Middle-Skilled Workers...
Submitted to Category: /contrib/business/, /contrib/economy
A major route to middle-class prosperity has been closed off
By Anonymous Submission on 2019-01-23 01:28 UTC
86 million Americans fear maxing out a credit card: Report...
Submitted to Category: /contrib/business/, /contrib/economy
Despite the dangers of high-interest loans, many Americans are racking up enough credit card debt to worry about overdrafting their account on a single large purchase.
By Anonymous Submission on 2019-01-22 16:42 UTC
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