by Jim Heath | Apr 26, 2019 | Economy, Headlines
The U.S. economy is defying dire predictions of a slowdown this year with growth strengthening, wages rising, unemployment falling and markets rocking to new highs. It should be an incumbent president’s dream and a nightmare for those trying to replace him. But Donald...
by Jim Heath | Apr 12, 2019 | Economy, Headlines
Taxpayers are scrambling to make last-minute payments due to the Internal Revenue Service in just three days, but many of the country’s largest publicly-held corporations are doing better: They’ve reported they owe absolutely nothing on the billions of...
by Jim Heath | Apr 5, 2019 | Economy, Headlines
Employers added a solid 196,000 new jobs to the US economy in March — slightly more than economists expected, according to the latest jobs report from the Bureau of Labor Statistics. But wage growth slowed back to a crawl. Despite the tightening labor market, workers...
by Jim Heath | Mar 22, 2019 | Economy, Headlines
The federal deficit hit $234 billion in February, according to new data from the Treasury Department, a record for a one-month time period. According to Bloomberg, the previous monthly record was set seven years ago, at $231.7 billion. Total spending was $401 billion...
by Jim Heath | Mar 8, 2019 | Economy, Headlines
The United States added just 20,000 jobs in February, way below expectations of a 180,000 gain, and a sign that the job market might be beginning to cool. The unemployment rate fell slightly to 3.8 percent, the Labor Department reported today. Economists did not...
