Latest in: U.S. Economy
-
Trump picks Larry Kudlow as chief economic adviser
Photo Credit: Gage Skidmore/Wikimedia Commons The U.S. economy continues to generate encouraging number of jobs and the stock market has also been responding optimistically to President Donald Trump’s promises of infrastructure revamp and tax reforms. But...March 15, 2018 1651 0 -
Trump says no backing down on steel tariffs
Sticking to his guns on the Administration’s approach to U.S. international trade, President Donald Trump Monday said he would not step back from his decision to impose tariffs on steel and aluminum. “No, we’re not backing...March 5, 2018 1040 0 -
In a big year for retail, US holiday sales jump by 4.9%
Pentagon City Mall, Photo: Ben Schumin/Wikimedia Commons Signaling a strong consumer confidence, holiday sales in the United States jumped 4.9 percent this year in a new record for the amount of dollars spent. According to Mastercard...December 27, 2017 2259 0 -
Immigrant entrepreneurs founded 43% of 2017 Fortune 500 companies
Photo: Laslovarga/Wikimedia Commons In a year of fierce debate on immigration policies, a new analysis reveals that 43 percent of the 2017 Fortune top 500 companies were “founded or co-founded by an immigrant or the child...December 18, 2017 1902 0 -
Acosta says job growth linked to Trump’s policies
Downtown Dallas from the Trinity River Photo: Nthomas76207/Wikimedia Commons The Trump Administration is linking the job creation momentum with business optimism springing from the president’s pro-growth policies, noting that the U.S. economy has added 1.7 million...December 9, 2017 1174 0 -
U.S. economy added 261,000 jobs in October; unemployment lowest since 2000
Photo: Wall Street New York, Credit CC BY-SA 3.0, https://commons.wikimedia.org The U.S. economy rebounded to grow in a range of sectors and added 261,000 jobs in October, reducing the the unemployment rate to 4.1 percent, the...November 3, 2017 1248 0 -
U.S. economy sustains 3.0 percent growth despite hurricanes
A view of Target Black Friday shopping DCUSA Photo: Gridprop/Wikimedia Commons Driven by increases in consumer spending, inventory investment, business investment, and exports, the U.S. economy grew at 3.0% pace in the third quarter of 2017,...October 28, 2017 1299 0 -
U.S. economy continues to grow despite hurricanes, some disruptions
Federal Hall and George Washington statue, NYC, Photo Musik Animal/ Wikimedia Commons The U.S. economy grew at a pace split between modest and moderate during September and early October while some areas reported major disruptions ffrom...October 19, 2017 1206 0 -
Can universal basic income work in the US?
Photo by User:Knulclunk/Wikimedia Commons shows a view of Spanish Harlem in NYC The release of a new report estimating a $ 2.5 trillion addition to the US. economy through a universal basic income plan for all...October 15, 2017 1345 0