Category: Economy
Despite Other Instability, the US Unemployment Slows After Adding 312,000 Jobs in December

Despite Other Instability, the US Unemployment Slows After Adding 312,000 Jobs in December

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It looks like US employers ended the year on a high, despite lots of volatility in the stock market.  According to the recent jobs report, an impressive December ...

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Oil Futures Crawl Upward For the First Week in A Month

Oil Futures Crawl Upward For the First Week in A Month

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Oil futures closed out the first week of the New Year with their first gain in several weeks, mostly on the heels of an announcement that the US and China will go back to the ...

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Trump Rebukes the Fed As “Biggest Threat” To His Presidency

Trump Rebukes the Fed As “Biggest Threat” To His Presidency

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US President Donald Trump does not like the Federal Reserve Bank.  Or, at least, he does not like how the Fed has raised interest rates this year.  If his Twitter feed has ...

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Fed Vice Chair Clarida Supports Coming Interest Rate Hike and New Data-Driven Strategy

Fed Vice Chair Clarida Supports Coming Interest Rate Hike and New Data-Driven Strategy

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Early this week, Federal Reserve Vice Chairman Richard Clarida cautioned that the central bank should adjust the way they raise or lower interest rates.  The most recent member of ...

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Oil Futures Plummet 7 Percent to Lowest Level In Over A Year

Oil Futures Plummet 7 Percent to Lowest Level In Over A Year

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As we reach the close of this holiday week, US oil prices are taking another dive.  Indeed, on Friday prices of US oil fell 7 percent, sinking even deeper into a bear market that ...

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Crude Oil Price Slide Motivates Potential Supply Cut Among Major Oil Producers

Crude Oil Price Slide Motivates Potential Supply Cut Among Major Oil Producers

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New reports indicate that Saudi Arabia has a plan to cut worldwide oil supply by half-million barrels-per-day starting next month.  According to Saudi Arabian energy minister, ...

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Economic Growth in U.S. Slows Slightly During Third Quarter

Economic Growth in U.S. Slows Slightly During Third Quarter

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The United States economy slowed less than was expected during the third quarter as a drop related to import tariffs in exports of soybeans was offset partially by the strongest ...

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Job Openings Reach All Time High During August

Job Openings Reach All Time High During August

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In August, job openings reached an all-time high indicating that business could be facing more inflationary pressures moving forward with a labor market that remains very tight. ...

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Fed Raises Rates, President Trump Not Happy

Fed Raises Rates, President Trump Not Happy

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On Wednesday, the U.S. Federal Reserve decided to raise interest rates and President Donald Trump did not applaud the decision. During a New York press conference, President ...

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Voters in Switzerland Reject Campaign to Change Banking System

Voters in Switzerland Reject Campaign to Change Banking System

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A radical transformation plan of the financial system in Switzerland that would bar commercial banks from creating money electronically when lending was rejected resoundingly by ...

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