Category Archives: Weekly Financial News

Why Another Gilded Age?

Posted on December 11, 2024 by Popular Economics Weekly

Financial FAQs “I remember ’29 very well … the drugged and happy faces of people who built paper fortunes on stocks they couldn’t possibly have paid for. … In our little town bank presidents and track workers rushed to pay … Continue reading →

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Job Market Still Booming

Posted on December 6, 2024 by Popular Economics Weekly

Popular Economics Weekly Total nonfarm payroll employment rose by 227,000 in November, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statisticsreported today. Employment trended up in health care, leisure and hospitality, government, and social … Continue reading →

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Will Job Market Recover?

Posted on December 5, 2024 by Popular Economics Weekly

The Mortgage Corner The number of job openings was little changed at 7.7 million on the last business day of October, the U.S. Bureau of Labor Statistics reported today. Over the month, hires changed little at 5.3 million. The number … Continue reading →

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Trumponomics 2.0–What To Expect?

Posted on December 3, 2024 by Popular Economics Weekly

Financial FAQs George Will, the conservative pundit, gave the best description of Trump’s incoherence in a Washington Post Op-ed: “It is urgent for Americans to think and speak clearly about President Trump’s inability to do either. This seems to be not a … Continue reading →

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How Do We Fix Inflation?

Posted on November 27, 2024 by Popular Economics Weekly

Financial FAQs I said last week that: “Many of us remember when a gallon of gas was less the $2, or a quart of milk less than $1, or housing was last affordable in the 1970s. I remember the inflation … Continue reading →

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How Much Do We Care?

Posted on November 17, 2024 by Popular Economics Weekly

ANSWERING KENNEDY’S CALL “Robert F. Kennedy, Jr., the proposed secretary of the Department of Health and Human Services, would undo all of this.  On his watch, were his ideas implemented, millions of us would die.  Knowing that our lives will … Continue reading →

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Holiday Sales Booming

Posted on November 16, 2024 by Popular Economics Weekly

Popular Economics Weekly FREDretailsales The Commerce Department reported Retail trade sales were up 0.4 percent (±0.5 percent)* from September 2024, and up 2.6 percent (±0.5 percent) from last year. Nonstore retailers were up 7.0 percent (±1.4 percent) from last year, … Continue reading →

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Inflation Is Not the Problem

Posted on November 14, 2024 by Popular Economics Weekly

Financial FAQs Inflation is close to its long-term 2 percent range, so the Federal Reserve has accomplished its goal of stabilizing prices. Yet the election results show that rising prices since the COVID-19 pandemic most panicked voters; even more than … Continue reading →

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No Art of the Deal

Posted on November 11, 2024 by Popular Economics Weekly

ANSWERING KENNEDY’S CALL “After all, it is mathematically impossible to cut taxes for corporations and billionaires, sustain basic programs like defense and Social Security, and lower the deficit simultaneously:” Nobel Laureate Joseph Stiglitz. Huffington Post Historians will puzzle over the … Continue reading →

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Bidenomics Works–Part II

Posted on November 5, 2024 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk September’s unemployment rate remained at 4.1 percent but reported just 12,000 new payroll jobs due to the hurricanes and Boeing aircraft strike of 30,000 machinists. Total nonfarm payroll employment was essentially unchanged in October (+12,000), … Continue reading →

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