By Robert Romano Consumer inflation in the U.S. ticked up another 0.3 percent in November at an annual rate of 2.7 percent, according to the latest data compiled by the Bureau of Labor Statistics. For most Americans who have seen inflation outpace their incomes for four years now as […]

By Robert Romano The unemployment rate in the U.S. ticked upwards to 4.2 percent in November, with 161,000 additional Americans saying they are unemployed in the latest household survey by the Bureau of Labor Statistics . Unemployment overall is up from its Dec. 2022 low of about 5.7 million to its current level of 7.14 million, an increase of […]

By Robert Romano President-elect Donald Trump has not even been sworn into office yet but he is already shaping the landscape to come by engaging directly with his soon-to-be counterparts in Mexico and Canada to immediately begin taking steps to secure U.S. borders with each of the […]

By Robert Romano President-elect Donald Trump is wasting no time with implementing his trade, border, immigration policies and war on drug cartels, promising to levy a 25 percent tariff on Mexico and Canada if they don’t secure their borders to prevent illegal aliens from crossing into the […]

By Robert Romano Don’t look now, but inflation over the past twelve months ticked upward from 2.4 percent in September to 2.6 percent in October following the Federal Reserve’s decision to begin cutting interest rates on Sept. 18 to 4.75 percent to 5 percent. Did the Fed start cutting too quickly? Maybe, but the other side […]

By Robert Romano President-elect Donald Trump announced on Nov. 12 the creation of the Department of Government Efficiency (DOGE) , headed by Tesla, SpaceX and X.com owner Elon Musk and Vivek Ramaswamy, which will exist “outside of government” but will serve an important function monitoring and offering recommendations to the President and the White House Office of Management and Budget […]

By Robert Romano “Simple question: Are you better off now than you were four years ago?” That was former President Donald Trump’s pitch to voters in Allentown, Pa. on Oct. 29 , quoting the oft-repeated adage from Ronald Reagan’s successful 1980 presidential bid that ousted then incumbent President Jimmy Carter. At the time, the U.S. was […]

By Robert Romano 368,000 fewer Americans reported having jobs in October and 150,000 more said they were unemployed in October, according to the latest household survey from the Bureau of Labor Statistics in the last report before the Nov. 5 presidential election between incumbent Vice President Kamala Harris and challenger former President Donald Trump. Overall, 161.49 million said they had jobs , which is about […]

By Robert Romano Overall consumer prices since President Joe Biden and Vice President Kamala Harris took office have increased more than 19 percent since the beginning of 2021 according to the latest data from the Bureau of Labor Statistics, but weekly earnings never caught up, only growing 17 percent in that […]

By Robert Romano The latest Emerson poll of likely voters from Sept. 29 to Oct. 1 once again shows that the top issues in the 2024 election between Vice President Kamala Harris and former President Donald Trump are the economy and inflation at 41 percent and immigration at 17 percent—and Trump still holds substantial leads over Harris on both issues. […]