By Robert Romano The U.S. economy has added a record 7.8 million to 8.8 million jobs back in May and June, according to the Bureau of Labor Statistics’ (BLS) respective establishment and household surveys, bringing the reported unemployment rate down to 11.1 percent even as the number of Americans […]
By Robert Romano President Donald Trump was elected in 2016 on the very important promise of implementing an America first posture on trade, promising to renegotiate the North American Free Trade Agreement (NAFTA) with Mexico and Canada, and to begin to restore hundreds of billions of trade […]
By Robert Romano Marriage and families are the cornerstone of not only civilization but of nature itself, without which humans would have never survived as wandering nomads and early farmers, let alone building cities, an economy and governments to represent the people in state-to-state relations. Without families […]
By Robert Romano Remember free checking accounts? In 2009, 76 percent of banks used to offer free checking accounts to their customers, according to Bankrate.com . By 2015, it had hit a low of 37 percent and in 2019 the number stood at 42 percent . Why such a drastic drop? It’s […]
By Robert Romano As nationwide protests and occasional riots continue in response to the murder and manslaughter of George Floyd by former Minneapolis police officer Derek Chauvin, states reopen and the amount of testing continues to increase, some states are experiencing an increase in the number of […]
By Robert Romano The U.S. economy created over 3.8 million jobs in May in the Bureau of Labor Statistics’ household survey , and 2.5 million in its establishment survey , heralding the bottom of labor markets in April. How do we know April was the bottom? Unless we’re anticipating losing 3.8 […]
By Rick Manning Americans were stunned in late March and throughout most of April and May that many of the shelves that normally carried staples at the grocery store were empty. This, more than any other image, stunned many as it demonstrated the fragility of our nation’s […]
By Robert Romano Another 2.1 million Americans filed for initial jobless claims the week ending May 23, demonstrating that the U.S. economy is still contracting, but there may be a ray of hope as 3.8 million fewer Americans remained on unemployment insurance the week ending May 16, dropping from 24.9 […]
By Robert Romano America appears to be past the peak in COVID-19 deaths, cases and hospitalizations, according to data compiled by at Covid19.healthdata.org , with more than 91,000 dead from the China-originated virus. Going forward, the projections say cases will dwindle down to almost no new cases and deaths by August. That’s in part […]
By Robert Romano Another 2.9 million Americans filed for initial unemployment in the week ending May 9, and about 22.8 million were taking advantage of unemployment benefits the week ending May 2 during the COVID-19 pandemic, according to the Department of Labor. The second number, the 22.8 million, keeps churning on a […]
