By Robert Romano For decades, American companies have led the way in technological breakthroughs, benefiting American consumers and ensuring the U.S. continues to lead the rest of the world in innovation. Amazon has revolutionized e-commerce, Google has powered our Internet searches, and Meta has allowed us to […]

By Robert Romano Shelter increased by 0.4 percent in December’s Consumer Price Index published by the U.S. Bureau of Labor Statistics, or at a 3.2 percent pace the past 12 months. The news comes as home prices continue to register at all-time highs, with the median home […]

By Robert Romano Consumer inflation increased in December by 0.3 percent, or at a 2.7 percent annual rate, according to the latest data compiled by the U.S. Bureau of Labor Statistics . The numbers were a mixed bag, with food increasing at 0.7 percent, shelter up 0.4 percent and piped gas service jumping 4.4 percent, while gasoline was down 0.5 […]

By Robert Romano “[A] merger that results in greater choice in video libraries at lower prices is welcome while delivering to consumers a solution to their current frustration with the fractionalized streaming content.” That was U.S. Rep. Scott Fitzgerald (R-Wis.), Chairman of the House Judiciary Subcommittee on […]

By Robert Romano The U.S. economy is growing well above expectations on an inflation-adjusted basis, blowing the barn doors off the hinges, at 4.3 percent annualized in the third quarter, the highest since 2023, according to the latest Gross Domestic Product (GDP) numbers from the Bureau of Economic Analysis . President Donald Trump praised the economy’s performance, by far the best news […]

By Robert Romano Consumer prices slowed to 2.7 percent growth the past 12 months, down from 3 percent in September, the latest data from the U.S. Bureau of Labor Statistics (BLS) shows . The news comes on the heels of the latest income reporting with average weekly earnings in the private sector growing at 3.5 percent the past year, with incomes outpacing inflation for about 29 months now. […]

By Robert Romano The U.S. unemployment rate jumped to 4.6 percent in November following the government shutdown as the unemployment level rose to 7.8 million, the highest since October and September 2021, respectively, the latest data from the Bureau of Labor Statistics (BLS) shows . Which, again, is usually what happens after peak inflation — it reached 9.1 percent in June 2022 — and the economy is still reeling. […]

By Robert Romano Unemployment continued claims, not seasonally adjusted, jumped the week of Nov. 29 by 268,460 to 1.96 million, as initial claims also increased to 313,400 the week of Dec. 6, according to the latest data compiled by the U.S. Department of Labor . Almost certainly, this is just normal churning in labor markets headed towards the Christmas […]

By Robert Romano “The reason farmers need relief at all is largely because Donald Trump betrayed them and decimated their businesses with his disastrous tariffs.” That was Senate Minority Leader Chuck Schumer (D-N.Y) making a speech on the Senate floor on Dec. 8 opposing President Donald Trump’s […]

By Robert Romano On Oct. 1, Senate Democrats refused to approve a continuing resolution to keep the government open and then set the record for the longest government shutdown in history of 43 days when it ended on Nov. 12. The entire time, President Donald Trump, Treasury Secretary Scott Bessent and other administration officials were warning […]