U.S. Economy Added 272,000 Jobs In May, Shutting Door On Rate Cuts Early This Summer
The Labor Department said Friday that U.S. employers added 272,000 workers in May, all but eliminating the possibility of the Federal Reserve cutting interest rates early this summer. Hiring was very strong in May, with the unemployment rate rising to 4% despite a slight decline in the labor force participation rate. Economists had expected payrolls […]
Democrats Rally Behind The Economy As Election Approaches
Democrats are increasingly optimistic about the U.S. economy, despite signs of slowing growth and accelerating inflation. A month ago, 32% of Democrats said they thought the economy was improving. economist Thirty-five percent said the economy was about the same, while 28% said it was getting worse. The latest polls show a big partisan shift: In […]
Most Georgia voters think their finances are good — but not the economy: Poll
A majority of Georgia voters say their personal financial situations are good but they have a pessimistic outlook for the overall state of the economy, according to a poll released Wednesday. in Quinnipiac University Poll In a poll of Georgia voters conducted May 30-June 3, 2024, fewer than a third of voters (29%) rated the […]
April job openings fall to 8.1M as signs of cooling economy emerge
U.S. job openings fell to the lowest level since 2021 in April. But they remained at historically high levels despite rising interest rates and signs of a slowing economy. The Labor Department reported Tuesday that employers posted 8.1 million job openings in April, down from a revised 8.4 million in March. The March figure was […]
Stock market could plunge 10% as economy faces stagflation threat, Stifel warns
John Koudounis, president and CEO of Calamos Investments, said he doesn’t expect any central banks to raise interest rates and that there is still “sideline” money in the market. There may be problems in the future US Stock MarketAccording to analysts at Stifel. Stocks are headed for another sharp decline, with the S&P 500 index […]
Stocks Need a Strong Economy to Keep Rising. The Data Are Getting Worse. – Barron's
The stock market got off to a shaky start on the first trading day of June, with some market watchers predicting the summer blues will continue for some time to come. The U.S. economy and stock market have performed surprisingly well in recent years, and a recession that was previously thought to be absent or […]
Why are Americans so negative about the economy? It’s a big problem for Biden.
Americans are not happy with the state of the economy, and that’s a big problem for President Biden. Even though many indicators suggest the U.S. economy is doing surprisingly well in the post-pandemic era, poll after poll shows that consumers don’t view the economy in the same way. A recent Harris Poll found that despite […]
Biden Has ‘a Lot to Be Proud of’ Economically, Just Not in ‘How People Are Experiencing the Economy’
During Friday’s episode of HBO’s “Real Time,” CNN senior political commentator and former Obama adviser David Axelrod said President Joe Biden has “a lot to be proud of” economically, but “the big issues are the cost of living and inflation. Yes, inflation is down, but prices are still 20 percent higher than they were before […]
Dems Want to Wear Trump Out, Get Him Away from Issues Like Economy, Border, Crime
On Friday’s “Tomi Lahren is Fearless” podcast, The New York Times bestseller Defeat Biden Author and Breitbart News editor-in-chief Alex Marlow argued that Democrats are trying to undermine former President Donald Trump, a potential 2024 Republican presidential candidate, with criminal charges, but that Trump can’t achieve that goal by sacrificing his messaging on the economy […]
Mad about the economy? Blame Donald Trump.
Despite all evidence to the contrary, most voters in battleground states Former President Donald Trump It will do more for the economy than a second term for President Biden. a New poll Trump was ahead in every battleground state except Wisconsin (where Trump and Biden were tied), with 56% of voters saying the former president […]