by Jim Heath | Feb 18, 2021 | Economy, Headlines
Corporate leaders are more upbeat about the U.S. economy than at any time in the past 17 years, according to a survey released today. Bloomberg: The Conference Board measure of CEO confidence, in collaboration with the Business Council, jumped to 73 in the first...
by Jim Heath | Feb 17, 2021 | cryptocurrency, Economy, Headlines
Bitcoin’s incredible rally shows little sign of abating yet after the token jumped past $52,000 for the first time. Bloomberg: The largest cryptocurrency rose as much as 7.7% in New York today to about $52,332 after a fivefold surge in the past year, according to a...
by Jim Heath | Feb 2, 2021 | Economy, Headlines
The United States Mint said today it was unable to meet surging demand for its gold and silver bullion coins in 2020 and through January, due partly to pandemic-driven demand and plant capacity issues. Sales of U.S. gold bullion coins rose 258% in 2020 while silver...
by Jim Heath | Feb 1, 2021 | coronavirus, Economy, Headlines
Happy days aren’t quite here again, but they could be coming soon. U.S. economic growth will recover “rapidly” and the labor market will return to full strength quicker than expected thanks to the vaccine rollout and a barrage of legislation enacted in 2020,...
by Jim Heath | Jan 21, 2021 | Headlines, Joe Biden, Trump
Another 900,000 people filed new unemployment claims last week, President Trump’s last in office, a snapshot of the significant labor market challenges facing President Biden. An additional 423,000 people in 47 states filed new claims for Pandemic Unemployment...
