by Jim Heath | Nov 3, 2019 | Economy, Headlines
Anyone with jitters about the US economy got an unexpected surprise this weekend. Employers added 128,000 jobs in October, the Bureau of Labor Statistics said in its monthly jobs report. Meanwhile, the unemployment rate rose slightly to 3.6%, but it was for a good...
by Jim Heath | Oct 25, 2019 | Economy, Headlines
Donald Trump once proclaimed himself the “king of debt,” and that may explain why his administration reported a river of red ink today. The federal deficit for the 2019 budget year surged 26% from 2018 to $984.4 billion — its highest point in seven years....
by Jim Heath | Aug 30, 2019 | Economy, Headlines, Trump
President Trump went after the Federal Reserve again today and pushed for further rate cuts to goose the stock market – saying the central bank doesn’t ‘have a clue!’ The attacks, which have become familiar over the past several months, come just...
by Jim Heath | Aug 14, 2019 | Economy, Headlines
Stocks sank today after the bond market threw up one of its last remaining warning flags on the economy. The yield on the 10-year Treasury briefly dropped below the two-year Treasury’s yield this morning, the first time those yields have flipped since 2007....
by Jim Heath | Jul 5, 2019 | Economy, Headlines
A decade after the Great Recession released its grip on the American economy, the job market shows no sign of falling into another slump. Weak hiring in May had given rise to fears that the long-running expansion was foundering in the face of trade tensions and...
