Private sector loses 32,000 jobs in November
Dean Wegner, the founder and CEO of Authentic American, recently appeared on Varney & Co. to discuss the benefits of buying American-made products—how it supports jobs, helps the economy, and decreases reliance on China. The payroll company ADP announced on Wednesday that November saw a loss of 32,000 jobs. This decline is not what economists […]
Lawsuit alleges that 10 major food companies contributed to a public health crisis caused by ultraprocessed foods
San Francisco Sues Major Food Companies Over Health Risks The city of San Francisco has initiated a lawsuit against ten prominent food corporations, including Kraft Heinz and Coca-Cola, asserting that these companies knowingly contribute to a public health crisis through their ultra-processed food products. City Attorney David Chiu filed the lawsuit in San Francisco Superior […]
Gas prices projected to decrease to $3 per gallon by 2026.
Gas and Oil Prices Expected to Decline, Says EIA U.S. Energy Secretary Chris Wright addressed the falling average gasoline prices during President Donald Trump’s administration, highlighting the growing need for dependable energy sources, particularly as new technologies like AI emerge, during a discussion on Kudlow. The Energy Information Administration (EIA) recently shared its predictions for […]
Social Security will issue two SSI payments in December because of a calendar issue.
Concerns Over Social Security and Medicare Finances During a recent discussion on the Big Money Show, a panel raised serious concerns about new findings indicating that Social Security and Medicare are facing financial crises that could lead to bankruptcy. They emphasize that without prompt action from Washington, retirees may experience significant cuts to their benefits. […]
Musk claims that AI and robotics are the only solutions to the $38 trillion US debt issue.
Elon Musk’s Vision for AI’s Impact on Work and Economy In a recent podcast titled “A Different Conversation with Nikhil Kamath,” Elon Musk expressed his strong belief that advancements in artificial intelligence (AI) and robotics will soon change the landscape of work and the economy. He suggested that these technologies are crucial for addressing the […]
Holiday shopping reaches unprecedented spending as Trump advisor attributes it to policies.
Kevin Hassett, a key economic adviser to President Trump, spoke on “Fox & Friends Weekend” about the success of Black Friday shopping despite public worries about costs. He emphasized that consumer spending is strong this holiday season. “We just had our best Black Friday ever, and it’s not solely about increased credit card use; incomes […]
Homebuyers are receiving unprecedented price reductions of $25,000 in the housing market.
Steve Forbes, the chairman and editor-in-chief of Forbes Media, discusses topics like portable mortgages, falling home values, and tariff-funded checks in his latest segment, The Bottom Line. A new report indicates that homebuyers are experiencing significant price reductions, particularly when sellers revise their expectations. Research from Zillow reveals that, in October, the average publicly traded […]
IRS issues updated guidance on tips and overtime deductions being tax-free
IRS Offers Guidance on New Tax Provisions for Tips and Overtime The IRS has issued new guidance concerning the “no tax on tips” and “no tax on overtime” provisions outlined in the One Big Beautiful Bill Act (OBBBA), which will be relevant for workers claiming credits for the 2025 tax year. This law, signed by […]
College graduates face reduced job-market advantage as the unemployment difference with high school graduates reaches a record low.
Market Insights on Job Trends for Young Graduates Alan Guarino, a Vice Chairman at Korn Ferry, discussed on Morning with Maria that, despite some weak payroll figures and worries about a potential government shutdown, the U.S. job market still shows promise for long-term growth. Interestingly, a recent report highlights that the gap in unemployment between […]
Tariff impacts on the economy evolve over time, according to San Francisco Fed research.
Economic Analysis of Tariffs and Their Effects Recently, economist Steve Moore appeared on ‘Bernie & Co.’ to discuss President Donald Trump’s proposed tariff checks, cautioning against actions that may exacerbate inflation. A fresh analysis from the Federal Reserve Bank of San Francisco examined the impact of tariffs on the economy over the past 40 years. […]