Category Archives: Weekly Financial News

Inflation Still in Decline

Posted on September 12, 2024 by Popular Economics Weekly

Popular Economics Weekly The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the same increase as in July, the U.S. Bureau of Labor Statistics. Over the last 12 months, the all items … Continue reading →

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Economy Has Landed–Part II

Posted on September 6, 2024 by Popular Economics Weekly

Popular Economics Weekly Fed Chairman Powell finally admitted the U.S. economy has made a soft landing at this year’s Jackson Hole Federal Reserve Conference. “The labor market is no longer overheated, and conditions are now less tight than those that … Continue reading →

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Why No Recession?

Posted on September 4, 2024 by Popular Economics Weekly

Financial FAQs I said last month we know why the US economy is still growing. Consumers keep spending, and the unemployment rate, though rising, is just 4.2 percent. The second revision of second quarter economic growth confirms this as well, … Continue reading →

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Consumers Barely Solvent

Posted on August 30, 2024 by Popular Economics Weekly

Financial FAQs I said last month we know why the US economy is still growing. Consumers have kept spending. The second revision of second quarter economic growth confirmed this when Gross Domestic Product growth jumped from 2.4 to 3.0 percent! … Continue reading →

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When Will Housing Recover–Part II

Posted on August 27, 2024 by Popular Economics Weekly

The Mortgage Corner Federal Reserve Chair Powell has said the Fed is about to cut interest rates, so I’ve been wondering if the housing industry can come out of its self-made recession? One good sign is that existing-home sales ticked up … Continue reading →

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U.S. Economy Has Landed

Posted on August 24, 2024 by Popular Economics Weekly

Popular Economics Weekly GETTY It’s about time. Fed Chairman Powell has finally admitted in so many words that the U.S. economy made a ‘soft landing’; economists’ term for inflation to have declined sufficiently that the Fed can begin to ease … Continue reading →

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Consumers Are Still Solvent?

Posted on August 17, 2024 by Popular Economics Weekly

Popular Economics Weekly FREDretailfoodservices My recent blogs have been questioning how long consumers can keep shopping for good reason; their debts have been piling up, which seems to mean they have been able to borrow enough to stay in the … Continue reading →

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Let’s Make Healthcare More Equal!

Posted on August 12, 2024 by Popular Economics Weekly

Answering Kennedy’s Call Healthcare is back in the news, and Republicans still don’t get its importance as an election issue in its continuing efforts to repeal Obamacare, the 2010 Affordable Care Act (ACA), enacted that I wrote about in 2017 … Continue reading →

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Consumers Keep Shopping

Posted on August 8, 2024 by Popular Economics Weekly

Financial FAQs It’s no secret why the US economy is still growing and fully employed. Consumers have kept spending, and such activity accounts for two-thirds of US economic activity these days. So, it’s extremely important to track how long consumers will … Continue reading →

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When Will Housing Recover?

Posted on August 7, 2024 by Popular Economics Weekly

The Mortgage Corner With the Federal Reserve saying it is about to cut rates, will the housing sector finally come out of its own recession? All the indicators of housing health—existing-home sales, new-home sales, construction, and for sale inventories—are at … Continue reading →

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