They are NOT to0 be confused with asylum seekers at the Southern Border.... They are looked at economically advantageous for local economies.... They usually pay taxes on higher incomes once in America... That doesn't mean anything with Republicans... And the Biden … [Read more...] about Refugee’s ARE wanted and welcomed by local American officials….
US Economy
The Fed talks about higher interest rates….
With a post pandemic economy brewing higher consumer, gas prices and a mad crazy sky high house prices jump? The Federal Reserve head Powell is talking about several interest rate hikes this year..... This has had a immediate effect on the stock … [Read more...] about The Fed talks about higher interest rates….
US Treasury Secretary Janet Yellen looking for ‘higher interest rates’….
She feels that interest rates have been depressed a bit too long.... And that an increase in the rates maybe a sort of brake against inflation that IS already here with the recovering economy from the pandemic pause.... Treasury Secretary Janet Yellen on Sunday … [Read more...] about US Treasury Secretary Janet Yellen looking for ‘higher interest rates’….
US adds over a half a million jobs in May…..
The seesaw continues .... April 's numbers where down.... May's have bounced up.... The U.S. economy added 559,000 jobs in May, the latest sign of a strengthening recovery as vaccinations rise and covid restrictions ease nationwide. The unemployment rate … [Read more...] about US adds over a half a million jobs in May…..
With the virus losing steam…Prices jump up…And the Economy?
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?
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….