Caitlin Clark already noticing ‘so much’ growth from Fever
INDIANAPOLIS — Caitlin Clark is on a roll. Clark had one of the best games of his early career on Sunday, scoring 23 points on 7-of-11 shooting from the field to go with nine assists and eight rebounds in the Fever’s 91-83 win over the Sky. Gainbridge Fieldhouse was abuzz from the first minute of […]
US Debt-to-GDP Ratio Worsens Further, Despite Solid Economic Growth, as Government Debt Balloons at a Scary Pace
Estimated Reading Time: 2 minutes The economy grew solidly. The debt spiked. The US government debt is measured in “current dollars,” meaning: not adjusted for inflation. So we compare it to GDP in “current dollars,” not adjusted for inflation. The hope is that the current-dollar GDP, grew faster than the current-dollar debt so that the […]
75% of American Job Growth Has Gone to Migrants Since 2019
The analysis found that since 2019, most of the job growth in the United States has come from newly arrived immigrants, as working-class American men continue to drop out of the labor force. analysis, Published The report, by Steven Camarota of the Center for Immigration Studies, shows the extent to which President Joe Biden’s policy […]
Torque GC’s Carlos Ortiz’s growth pays off, earns first LIV Golf win in Houston
Carlos Ortiz of Torque GC took the lead in Texas by winning the individual LIV golf event at Houston Golf Club. He shot a five-under 67 on Sunday to finish at 15 under par. Ortiz beat Adrian Melonc by one stroke. Patrick Reed and David Puig finished tied for third at 13 under par. The […]
Economic growth can unify voters: Vivek Ramaswamy
Former 2024 presidential candidate Vivek Ramaswamy joined “Kudlow” to discuss the return of Trump-era economic policies amid a cost-of-living crisis under President Biden. Vivek Ramaswami, a former 2024 presidential candidate and current Trump supporter, said Americans facing economic hardship can find common ground between the two parties. “Prices have gone up. Interest rates have gone […]
US job growth jumps by 272K in May while unemployment unexpectedly rises
Lincoln Tech CEO Scott Shaw explains in “Varney & Company” why young workers are seeking trades jobs: U.S. job growth accelerated again in May, defying expectations of a slowdown even as the unemployment rate rose to its highest level in more than two years. Employers added 272,000 jobs in May, the Labor Department said in […]
Slowed job growth shows weakness of Bidenomics
Two pieces of labor market data released midweek depict a bleaker picture of the economy than the one commonly touted by President Joe Biden. A Bureau of Labor Statistics report from Tuesday shows that job openings fell to the lowest level in April since February 2021. The 8.06 million jobs available, down 300,000 from March, […]
Inter Focuses on Brazilian Migrants to Drive US Growth – PYMNTS.com
Brazilian Online Money Lenders Inter & Co. The company is expanding its efforts in the United States with a focus on replicating its success in Brazil in the online banking sector. Inter, which has a customer base of 32 million people in Brazil, has become popular by offering a wide range of products including credit […]
Private sector job growth cools in May to 152,000, worse than expected: ADP
Gary Kaltbaum, president of Kaltbaum Capital Management, explains in “Making Money” why a “narrow” stock market is a concern. U.S. companies started hiring more slowly than expected in May, according to the ADP national employment report released Wednesday morning, signaling that the labor market continues to cool on the back of rising interest rates. Businesses […]
US Economic Growth Plunges in First Quarter 2024
The release of 1st quarter 2024 Gross Domestic Product (GDP) on April 25th surprised virtually all forecasters. The first three months of 2024 were characterized by a notable deceleration in US economic growth, marking an almost two-year low. The same data release revealed that inflation, as measured by US GDP Personal Consumption Core Price Index […]