Federal Reserve

Weak Jobs Report Could Cool Fed’s Tapering Plans

Friday’s lackluster non-farm payrolls report, which showed American employers adding far fewer jobs in August than expected, is likely to cool enthusiasm among Federal Reserve policymakers for a quick roll-back of stimulus, some experts believe.

Economy falls well short of expectations with 235,000 jobs added in August amid delta surge

The economy fell far short of predictions and added just 235,000 new jobs in August as the delta variant of COVID-19 surged.

S&P, Nasdaq rally to records as investors eye Fed’s Jackson Hole event

WTI crude oil snaps 7-day losing streak rising to the $65 per barrel level

High Inflation Could Be Stickier Than Anticipated

Companies raise prices in response to higher labor costs, fanning inflation further

An early warning from New York

Manufacturing activity growth decelerated sharply in New York.

Producer prices soar 7.8% annually in July, most on record

Prices rose 1% month over month

Republicans Can Deliver A Knockout To Wobbly Biden – Will They?

Joe Biden is teetering in the corner. His popularity is careening downward due to the concurrent major crises he created: the border disaster and the inflation spike.

China Won’t Be Taking Over the World

While the US has its problems, future global Chinese supremacy won’t be one. Far from being in a position of overwhelming strength, China and its Communist leadership face imminent multifront domestic crises that will threaten the existence not only of the Chinese Communist Party (CCP) but the existence of the Chinese state as a unified whole.

End the Shutdown, Again

Sixteen months ago, in March 2020, we argued for an end to government-imposed shutdowns of businesses, schools, churches, restaurants, and events due to the covid virus.

The Labor Shortage Is Worse Than It Looks, and Help Is Not on the Way

For Fadi Achour, the general manager at Delta Hotels in suburban Detroit, September can’t come soon enough. He is operating with less than half his normal staff. Room service and overnight cleaning has been nixed. The restaurant has limited hours and a bare-bones menu.

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