Virus numbers diving down.... Consumer, gas and house prices climbing higher..... Jobless number's high... Employer's can't find people to work? We are in a whole new world in America? What is going on? This is a strange moment for the U.S. … [Read more...] about With the virus losing steam…Prices jump up…And the Economy?
US Economy
Virus leaving…America Consumer Price’s increase…
Gas prices UP.... Food prices UP.. Inflation growing.... (Some Republicans mumbling about Biden and gas prices in the same sentence)... Prices were up by 3.6 percent in April compared to a year ago, continuing a trend of rising inflation, although economic … [Read more...] about Virus leaving…America Consumer Price’s increase…
Biden admin will keep China tariffs…
This a place where the Biden admin will go along with Trump policy..... It appears that our worries about the effect of the tariff 's on American prices have been negligible .... China has tariffs on American good also.... U.S. Trade Representative Katherine Tai said the … [Read more...] about Biden admin will keep China tariffs…
Jobless Claims drop last week….
The American economy seems to be waking up from its pandemic hit.... New jobless claims fell to the lowest levels of the pandemic era, federal data shows, with 684,000 being filed last week. The previous weekly high was 695,000, set in October 1982. Initial … [Read more...] about Jobless Claims drop last week….
Biden Stimulus bill on it way to passage….
Republican stalling actions will continue .... But the final bill approved for President Biden's signature should ready by the end of the weekend most think.... The bill polls good for Biden and the Democrats and Republicans seem to be ok with going home during their end of … [Read more...] about Biden Stimulus bill on it way to passage….
February job hiring shows gains….
There are still a LOT of people out of work.... The gains where in 'hospitality industries, including restaurant and bars'....which are gradually reopening .... Teaching and other stats and local funded government jobs are taking a hit... Hiring picked up last month as … [Read more...] about February job hiring shows gains….
Joe Biden has won over the US Chamber of Commerce….
The Right leaning business association has jump ship from the Grand ole' Party.... Why Not? Joe Biden IS fighting to help people get jobs and spend more money...... Trump helped wreck the place.... Business Economic Realty sets in on the Republicans .... Washington’s … [Read more...] about Joe Biden has won over the US Chamber of Commerce….
US Senate confirms Janet Yellen to be Biden Treasury Sec….
Yellen has an extensive background in economic policy. She has been the chair of the Federal Reserve and the Council of Economic Advisers. She will be the first woman to be Treasury Secretary. She was approved by a vote of 26-0 in the Senate Finance Committee. Biden … [Read more...] about US Senate confirms Janet Yellen to be Biden Treasury Sec….