The Ifo Business Climate Index revealed last week that German business confidence declined more than...
Recession? GDP Shows 2nd Consecutive Quarter of Negative Growth
(The Center Square) – U.S. Gross Domestic Product decreased by 0.9% in the second quarter of 2022, according...
American Airlines Announces First Quarterly Profit Without Federal Funds
American Airlines recorded a revenue of 13.4 billion and a net income of $476 million from summer travelers...
By Mary Dada | Jul 26, 2022
Poll: Biden’s Economic Approval Rating Hits New Low
(The Center Square) – As Americans continue to face soaring inflation and high gas prices, President Joe...
Texas Ranked 5th Best State for Business
Texas remains a top performer but got bumped from fourth to fifth-best state for business, according to a...
Americans Say it Feels Like a Recession
Data from the latest gross domestic product numbers show that, more or less, we are not looking at whether...
By Rachel Otts | Jul 10, 2022
Turkey’s Annual Inflation Rate Climbs to 79%
Turkey's annual inflation rate soared to a 24-year high of 78.62% in June, marginally above forecast,...
$371 Million Spent by Texas National Parks Visitors
Texas’ National Parks are a vital part of the state’s economy and help drive a vibrant tourism and outdoor...
Analysts Say Labor Market is Cooling
The U.S. labor market has cooled to 2021 levels, even as labor market conditions remain tight. In...
Inflation: What You Should Know
Inflation is the decline of a given currency's purchasing power over time. It reflects the increase in...
Mortgage Rates Reach Highest Level in 14 Years
The cost to buy a home continues to climb as mortgage rates reach their highest levels since 2008, 5.8%....
President Biden Wants to Slow Job Creation
JPMorgan Chase CEO Jamie Dimon stated that an economic hurricane is inevitable in the U.S. With companies...
Hiring Trend Continues as Inflation and Interest Rates Rise
U.S.employers added more than 390,000 jobs in May, despite Americans struggling with high inflation and...
U.S. Economy Contracts in First Quarter
The Federal Bureau of Economic Analysis released an update to its first-quarter gross domestic product (GDP)...
U.S. Savings Rates Tank, Potential Recession Looms
Consumers are increasingly turning to their credit cards to stay in step with rising prices as savings rates...
Inflation Slighly Lowers, Future Recession Uncertain
It is no secret that the current economic situation is less than perfect. Currently, inflation is the...
By Rachel Otts | May 31, 2022
Economists Look Back at Previous Economic Bubbles
In the not-too-distant past, the U.S. economy survived the dot.com bubble of 2000-2001 and the housing...
By Rachel Otts | May 20, 2022
Oil Hedge Funds Uncertain About Future
Oil hedge funds continue to find themselves stuck between a rock and a hard place, or rather, according to...
China’s Economy Plummets as Lockdowns Continue
China’s economy is in distress as it faces the consequences of its zero COVID-19 policy. Major industrial...
By Rachel Otts | May 19, 2022
Labor Market Shows Signs of Cracking
ZeroHedge economists reported on Thursday that after the Federal Reserve's announcement that GDP shrank in...
April Inflation: What You Need to Know
April brought the first drop in inflation in eight months. April’s consumer price index fell 0.2% to an...
By Rachel Otts | May 12, 2022
