By Robert Romano 947,000 new unemployment claims were reported the week of Dec. 5, atop the 533,000 lost the week prior, the latest data from the U.S. Department of Labor shows, as states initiate another round of lockdowns and businesses deploy layoffs as Covid cases continue to rise nationwide. […]
By Robert Romano As coronavirus cases continue spiking upward this cold and flu season and states begin their lockdowns again, the economic recovery that began this spring—with more than 16 million jobs recovered since labor markets bottomed in April—stalled in November as 560,000 Americans left the labor force altogether, Bureau of […]
By Robert Romano Bipartisan Senate legislation is being offered by Senators Susan Collins (R-Maine), Joe Manchin (D-W.Va.), Bill Cassidy (R-La.), Mark Warner (D-Va.) and others that attempts to bridge the divide on crucial phase four Covid economic relief legislation after months of legislative stalemate between House and Senate […]
By Frank McCaffrey It is safe to say many reading this piece pretended not to care about the Mike Tyson vs. Roy Jones, Jr. exhibition fight this weekend. But, you had to either watch it or check in on news/social media reports about it. We […]
“Drop the glue gun, and no one gets hurt!” By Catherine Mortensen A week before Thanksgiving, shoppers in Albuquerque, New Mexico strolled the aisles of Hobby Lobby, some perhaps shopping for glue guns and glitter to help with holiday decorating. Their shopping ended abruptly after an alarming […]
\ “Wrestling is one of many examples of how the free markets work.” By Frank McCaffrey I am fortunate in many ways because I learned about the power of the free markets as a teenager. I worked for a local television show called “Inside the […]
By Robert Romano By now, it should be perfectly clear to most Americans that Democrats simply do not want to hand President Donald Trump and Congressional Republicans a going away present this legislative year on phase four stimulus legislation and the Covid vaccine — which could rescue […]
Losing restaurants is more than losing great food and ambience. It’s losing the dreams of the owners and their staff. By Frank McCaffrey It was November of 2016 and I had just been flown down to the Rio Grande Valley on the southern tip of […]
By Robert Romano 16.4 million jobs have been recovered since April when labor markets bottomed amid the state-led Covid pandemic economic shutdowns, according to the latest data from the Bureau of Labor Statistics. But with Covid cases once again on the upswing as the cold and flu season kicks […]
By Robert Romano The U.S. economy blew the barn doors off all other past recoveries with a record, inflation-adjusted 33.1 percent gain in the Gross Domestic Product (GDP) — more than any other quarter in economic history — in the last major economic report before the election in November. That is great news for the […]
