Catastrophic Diesel Shortage? US Has Only 25 Days of Diesel Supply, Report Says
If the year 2020 was the year of “social justice” movements, riots, and protests, then 2022 is the year of “shorta...
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Allianz Chief Economic Adviser: Rate Hikes Are ‘a Very Violent Shock to the Economy’ and ‘Will Create a Very High Risk of Recession’
Mohamed El-Erian, Chief Economic Adviser at Allianz, also the President of Queens College at Cambridge University joined Poppy Harlo...
Americans could become Taliban hostages as Afghan economy collapses and international community withdraws aid
Americans could become Taliban hostages as the Afghan economy collapses and the international community withdraws aid The last Ameri...
Jobs report falls short as employers struggle to find workers
Have you seen help wanted signs in various businesses in your town? They are everywhere. Some businesses have even had to close, not...
Manufacturing Continues Its Climb in August
Manufacturing continues to claw its way back, as shown by new evidence on Tuesday. The Institute for Supply Management’s manufacturi...
US Debt to Reach 98% of GDP This Year
Well, here’s some exciting news to get you through that mid-week slump. The coronavirus response has pushed debt in the United State...
Some Furloughs are Turning Permanent…Including in Trucking
So much unemployment news this week! Last week, we warned you that American Airlines will likely cut 19,000 positions when federal a...
Transportation Purchases Push Factory Orders Up Once Again
Durable goods orders recovered by 11.2% from June to July, according to Commerce Department numbers released on Wednesday. Durable g...
Manufacturing is Back on an Improvement Track
Manufacturing expanded again in July, marking three months in a row of improvement. The manufacturing index rose from 52.6 in June t...
Existing Home Sales Gain 20.7% in June
Existing home sales jumped 20.7% since last month, thanks to low interest rates and rising economic activity. It was the largest mon...