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Economy

Dollar Tree Loses Its 35 Year War with Inflation

(Peter Jacobsen, Foundation for Economic Education) Inflation has ruined one of my go-to examples for my macroeconomics students. Whenever...

Wholesale Prices Rose Record 8.6% Over 12 Months

(Associated Press) Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month...

Heating Bills Set to Soar as Inflation Hits Energy Prices

(Associated Press) Get ready to pay sharply higher bills for heating this winter, along with seemingly everything else. With...

Americans Quit Their Jobs at a Record Pace in August

(Associated Press) One reason America's employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in...

Small Businesses Navigate Ever-Changing COVID-19 Reality

(Associated Press) For a brief moment this summer, it seemed like small businesses might be getting a break from the relentless onslaught...

$8.50 a Gallon? Pain at the Pump Reaches New Highs

(Molly Bruns, Headline USA) A shocking video by Twitter user Youssef Disla shows gas prices at a California gas station reaching nearly $8.50 per...

Job Creation for September Falls Far Short of Expectations

(The Center Square) The Bureau of Labor Statistics released the monthly jobs report Friday showing the economy created far fewer jobs in...

‘Green’ Europe Looks to Coal Again

(Michael Fumento, American Institute for Economic Research) In 1862 we got the Gettysburg Address, in 1941 it was Roosevelt’s Day of Infamy and in 1983 it...

Trade Deficit Hits Record $73.3 Billion in August

(Associated Press) The U.S. trade deficit increased to a record $73.3 billion in August as a small gain in exports was swamped...

Inflation Hits 30-Year High According to This Key Metric

(Brad Polumbo, Foundation for Economic Education) The Labor Department just released the latest Personal Consumption Expenditures index (PCE), which is the Federal...

Airlines Will Require Employee Vaccinations

(Associated Press) American Airlines, Alaska Airlines and JetBlue are joining United Airlines in requiring employees to be vaccinated against COVID-19, as the...

Shortages, Shipping, Shutdowns Hit Asian Factory Output

(Associated Press) Shortages of power, computer chips and other parts, soaring shipping costs and shutdowns of factories to battle the pandemic are...

TRENDING NOW

Fed’s Easy Money Spurs Financial Frenzies

(Joseph Solis-Mullen, Mises Institute) Though the effective federal funds rate remains less than 0.1 percent, the reaction of the markets and financial press as the ten-year...

SF Walgreens Employee Scared to Work After Attacks by Shoplifters

(KGO-TV San Francisco) On the heels of Walgreens closing five stores in San Francisco due to shoplifting, an employee is speaking out...

Where’s Pete?: Transportation Secretary MIA During Shipping Crisis

(Tony Sifert, Headline USA) During a historic worldwide supply-chain crisis that is largely the result of inadequate shipping needs, Transportation Secretary Pete Buttigieg is nowhere to...

Bitcoin Power Plant Raises Ire of Environmentalists

(Associated Press) An obstacle to large-scale bitcoin mining is finding enough cheap energy to run the huge, power-gobbling computer arrays that create...