Economy

Economy Articles

There is something to the market adage “Sell in May and go away,” and it’s not just that traders and people in general are taking vacations over the summer and business tends to slow down. As...
As Tropical Storm Barry moves toward New Orleans and still may become a hurricane, it will strike a city much smaller than it was just 60 years ago.
Over the past 50 years, countries that have switched from non-democracies to democracies show a 20-point increase in GDP as a result.
Everybody knows that movie and TV stars make a lot more money than ordinary humans, but sometimes seeing the numbers in black and white brings home just how much they are actually paid. We’re not...
The small business optimism index dipped slightly in June as owners cut back on plans for new hiring and capital spending.
There are nearly 60 million Hispanic people in the United States, which means they make up 18% of the population. That number is expected to grow substantially over the next several decades.
Americans use an extraordinary amount of gasoline per day, which means even a small price change can cost consumers hundreds of millions of dollars a year.
While the unemployment rate rose in June, payroll growth was stronger than expected. The strength of the jobs market may just keep the Federal Reserve from being so aggressive on rate hikes.
When measured by the population in what would become the United States the month the Declaration of Independence and the U.S. population today, the growth has been extraordinary. According to new...
The U.S. trade deficit increased by $55.5 billion in May, a bigger jump than expected. Trade with China accounted for about 60% of the gap.
The housing market is offering up strong signals that a recession is looming and could begin by the fourth quarter of this year.
It's still too soon to call the U.S. Department of Labor's unemployment situation report due this Friday, but the Paychex and IHS Markit report called the Small Business Employment Watch showed a...
In his 1958 hit single “Summertime Blues,” rock-and-roller Eddie Cochran threatened to raise a ruckus “About workin’ all summer / Just-a trying to earn a dollar.” Chances are that today he...
The fireworks business receives most of its revenue in the leadup to the 4th of July holiday. That revenue has surged recently.