Category Archives: Weekly Financial News

The Tariff Wars–Part III

Posted on February 11, 2025 by Popular Economics Weekly

Popular Economics Weekly “It is inconceivable that other countries won’t retaliate, even if some of the governments might not want to retaliate, their citizens will demand that you can’t allow yourself to be beaten up. When you make like a … Continue reading →

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Was It a Good Employment Report??

Posted on February 8, 2025 by Popular Economics Weekly

Popular Economics Weekly Total nonfarm payroll employment rose by 143,000 in January, and the unemployment rate edged down to 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, retail trade, and social assistance. … Continue reading →

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Q4 Economic Growth Continues

Posted on February 6, 2025 by Popular Economics Weekly

Popular Economics Weekly Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, November, and December), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the … Continue reading →

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Fewer Jobs Available

Posted on February 4, 2025 by Popular Economics Weekly

Financial FAQs “It’s gotten harder for the unemployed to find work: Job openings in the U.S. fell at the end of 2024 to the second lowest level since the end of the pandemic.” MarketWatch FREDjobopenings Job vacancies reported by the … Continue reading →

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The Tariff Wars–Part II

Posted on February 3, 2025 by Popular Economics Weekly

Financial FAQs “Trump has called “tariff” the fourth most beautiful word in the dictionary behind “God”, “love” and “religion.” CNN FREDdebt/GDP On Saturday, President Trump, just 11 days into his second term, said he will impose a 25 percent tariff … Continue reading →

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Why Inflation Still a Problem?

Posted on January 31, 2025 by Popular Economics Weekly

Financial FAQs The Fed’s preferred inflation gauge, Personal Consumption Expenditures Index (PCE) isn’t declining because consumers continue to spend more than they earn. Why? BEA.gov Such spending gave a boost to retail sales and so made holiday shoppers happier. But … Continue reading →

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The Housing Recovery–Part II

Posted on January 30, 2025 by Popular Economics Weekly

The Mortgage Corner Existing-home sales rose 2.2% in December to a seasonally adjusted annual rate of 4.24 million, the strongest pace since February 2024 (4.38 million). FREDexistinghomesales The huge jump in existing-home sales on still very high mortgage rates illustrates … Continue reading →

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Trump, the Lucky Loser

Posted on January 28, 2025 by Popular Economics Weekly

Answering Kennedy’s Call “Born to a rich father who made him the beneficiary of his own highly lucrative investments, Trump received the equivalent of more than $500 million today via means that required no business expertise whatsoever.” Random House In … Continue reading →

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No Art of the Deal – Part II

Posted on January 24, 2025 by Popular Economics Weekly

Answering Kennedy’s Call “It’s 100 days into the Trump Presidency and looking more and more like President Trump is no more effective at running the country than his business interests. His book, The Art of the Deal was meant to tout his … Continue reading →

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Retail Sales Boost Q4 Growth

Posted on January 21, 2025 by Popular Economics Weekly

Financial FAQs “Advance estimates of U.S. retail and food services sales for December 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $729.2 billion, an increase of 0.4 percent (±0.5 percent)* from the … Continue reading →

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