News | News

Los Angeles is the 'worst' metro area in America for first-time home buyers — but you may be surprised by the 'best'

The U.S. housing sector is slowing down but homes are still extremely expensive in many parts of the country, according to Bankrate.

Business & Finance | Business

Amazon stock plunges as company reports nearly $4 billion loss - CNN

Amazon reported a significant loss in the first three months of the year, sending the company's stock plunging.

Politics | The Hall of Idiots

Joy Reid Dismisses Inflation as GOP 'Buzzword,' Insists 'The Economy Isn't Bad'

MSNBC’s The ReidOut host Joy Reid decided on Wednesday to channel NBC chief business correspondent and MSNBC colleague Stephanie Ruhle in dismissing the economic pain Americans are facing amid rising inflation, calling it a “buzzword bandwagon” by Republi

Politics | Demos

Biden's aims to bankrupt a generation

If there is one thing Joe Biden and the Democrats truly love, it is spending your money.

News | News

U.S. Unemployment Rate Fell to 13.3 Percent In May, Confounding Expectations

With an added 2.5 million jobs last month, unemployment drove down from 14.7 percent in April.

Politics | Other Politics

The PPP isn’t working. Here’s an idea: Get paychecks to people, directly

The short-term pain of job losses, furloughed and unemployed workers in food bank lines miles long, may lead to worse long-term effects: a deep, permanent dent on America's competitiveness.

Business & Finance | Money & Finance

Why it’s not so crazy that stocks are rising even though 26 million people are out of work

The are many reasons for the stock market’s buoyancy — from incentives in the industry to retirement-account purchases to behavioral biases.

Politics | Leftist Lies

11 Leftist Myths About Economics

Few Americans have a basic working knowledge of economics. They’ve grown up in a capitalist system, and so they take it for granted. But taking their economic system for granted leaves the door open for demagoguery. Most leftist economic arguments go some

Politics | Op-Ed

It's Time to Reopen and Relaunch Our Economy

t is clear that the time is approaching that will be absolutely decisive for this presidency and for the country’s near-term future. The president will have to decide on an economic relaunch plan, and this will make or break him and his opponents. The vas

Politics | The Economy

Delayed reaction - Immigration to America is down. Wages are up| The Economist

Are the two related?

Politics | Politics

Obama Tries To Take Credit For Trump’s Economy. It Backfires Bigly.

On Monday, former President Barack Obama attempted to take credit for President Donald Trump’s booming economy. “Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more

News | News

Private payrolls soar in January, the best monthly gain in nearly 5 years

ADP/Moody's Analytics said private payrolls rose by 291,000 in January, nearly twice the expected gains.

Politics | Politics

U.S. Wage Growth Eclipses Mortgage Rate for First Time Since 1972 - Bloomberg

The U.S. economy reached an important milestone in October that ought to put it on a more sustainable footing going forward: wage growth eclipsed mortgage rates for the first time since 1972.

News | The News

US economy grew at strong 3.5 percent rate in Q3: Strongest In Four Years

WASHINGTON (AP) — The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade. The Commerce Department said Friday that

News | The News

President’s Economic Advisers Reveal What Socialism Would Cost Americans — It’s a Huge Price Tag

The recent report released by the President's Council of Economic Advisers detailed the issues with implementing socialist policies in the U.S.

Politics | Politics

Thank goodness Trump gets what Obama failed to grasp on economy | TheHill

During Obama's eight years in office, business leaders never felt confident about the future.

Politics | Politics

First Time Ever: Federal Tax Revenues Top $1 Trillion Thru January; Gov't Still Runs $194B Deficit | CNS News

Inflation-adjusted federal tax revenues hit a record $1,046,224,000,000 for fiscal year 2015 through January, but the federal government still ran a $194,209,000,000 deficit during that time, according to the latest Monthly Treasury Statement.

Business & Finance | FINANCE & INVESTMENTS

Dow continues to fall, down 223 points

The Dow continued fell in the triple digits once again, with energy stocks suffering heavy declines.

Business & Finance | Business

Showbiz, Music Industry Jobs Drop 19% in Two Years | Variety

The U.S. economy has seen a steady erosion of jobs in the motion picture and sound industries, according to the Bureau of Labor Statistics.

News | News

Table For One? Winners And Losers in the Cat Lady Economy

More than one quarter of the U.S. population lives alone. Per the latest census, single-person households are now the single largest segment of the U.S. population.  This is a first. What a dramatic change from a little more than 30 years ago when on

Business & Finance | Careers & The Workplace

5 Top Industries For Starting A Business

Have an independent streak? If you’re an American, chances are you do. The U.S. consistently leads developed countries around the world in the rate of entrepreneurship, and 25 million people were in the process of starting or running a new business

Business & Finance | Business

First Take: Nokia hit hardest in Microsoft layoffs

Even by Silicon Valley's out-sized standards, this week has been head-spinning.

Politics | Op-Ed

Why I can’t be both an economist and a liberal

In today's America, I can't be both an economist and a liberal.

Business & Finance | Business & Finance

9 States Where The Job Market Is Booming

Tips on crafting a resume and asking stellar interview questions are helpful—but when you’re looking for a job, your geographic location might be just as important.

News | The News

Federal Tax Revenues Set Record Through May; Feds Still Running $436B Deficit

Federal tax revenues continue to run at a record pace (in inflation-adjusted dollars) in fiscal 2014, as the federal government’s total receipts for the fiscal year closed May at an unprecedented $1,9

Business & Finance | Business

RadioShack to close hundreds of stores

RadioShack is set to close 200 more stores as revenue continues to decline. The company's stock fell over 9% Tuesday.

Miscellaneous | Miscellanneous Stuff

This Abandoned Wasteland Was Once America's Largest Mall

The life and death of the American mall is a familiar story by now. A few decades ago, these shrines to consumerism dotted suburbia, only to be denied relevance by a push back towards city centers. But few images express the scale of this trend as much as

Miscellaneous | Other Interesting Stories

Here's The Salary You Have To Earn To Buy A Home In These 12 Major US Cities

Ever wonder who exactly can afford to buy a home in the country's biggest cities? We take a look.

Business & Finance | Business & Finance

4 Reasons Your Payroll Costs Will Soon Explode

Whether you like it or not, the facts are that your payroll costs will be exploding over the next few years.