U.S. Economy

Jobless claims fall to pandemic-era low as extra payments set to expire

340K Americans filed for first-time jobless benefits in the week ended Aug. 28.

Conservative investment funds take aim at ‘woke’ corporations

Fortune 500 corporate boardrooms increasingly have embraced a “woke” agenda — such as Gillette lecturing its shavers about toxic masculinity and Bank of America having guest speakers declare capitalism evil.

U.S. Economic Confidence Dips as More Say Economy Worsening

STORY HIGHLIGHTS Economic Confidence Index slips to -12, from -6 in July and +2 in AprilRatings of current economy stable; more see economy getting worse...

Trump Calls on Biden to ‘Resign’

Former President Donald Trump called on President Joe Biden Sunday evening to resign over a number of policy outcomes, foremost among them Afghanistan’s looming fall to the Taliban after the withdrawal of American troops.

Does the World Have the Will To Stop Xi Jinping?

There is an old Soviet tale about Foreign Minister Andrei Gromyko. At lunchtime, he would retreat into his office and stare at the map of the world. The map was centered on the Soviet Union. The old Bolshevik would just glare at it as if it were a giant chessboard awaiting Moscow’s next move.

Private sector hiring slows sharply in July

ADP says US economy added 330,000 private-sector jobs in July.

Is America’s oil industry too big to fail?

America’s oil and gas industry employs over 11 million people and is worth more than $1.6 trillion, making the energy transition more difficult than it may seem.

U.S. economy grew at a 6.5% rate last quarter, missing expectations

The U.S. economy grew at an annualized 6.5% rate last quarter, the government said Thursday — slower than the 8.4% economists expected.

Biden’s America: Poll Shows American Economic Confidence Crashed Back to Negative in May

Inflation at a 13-year high, gas shortages, a jobs report that missed the mark by nearly 500 percent — is there any reason to feel economic confidence in President Joe Biden’s administration?

Biden’s Economy: Inflation Hits Highest Levels Since Great Recession, Soars Past Economists’ Expectations

The Consumer Price Index (CPI), which measures overall inflation of the U.S. dollar, rose 0.8% in April, capping off the largest 12-month jump in prices since the period ending September 2008 after the beginning of the Great Recession.

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