Category Archives: Weekly Financial News

Are Most of US Fully Employed?

Posted on June 10, 2016 by Popular Economics Weekly

Financial FAQs The U.S. Bureau of Labor Statistics reported the number of job openings was little changed at 5.8 million on the last business day of April, in its JOLTS report. (But that’s not exactly true, as it is up … Continue reading →

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What Happened to Our Economy?

Posted on June 7, 2016 by Popular Economics Weekly

Popular Economics Weekly The major debate during this campaign season is about economic growth. Who has it benefited and who was left behind? Sanders says we aren’t spending enough to create more jobs, and Trump wants to build walls to … Continue reading →

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Should the Fed Raise Rates?

Posted on June 3, 2016 by Popular Economics Weekly

Financial FAQs It’s incredible that Janet Yellen’s Fed should even be talking about raising interest rates in June, or July. The Fed predicts no more than 2.5 percent GDP growth in Q2, after Q1’s 0.8 percent growth rate. And the … Continue reading →

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What Happened to Tuition-Free College?

Posted on June 2, 2016 by Popular Economics Weekly

Popular Economics Weekly Senator Bernie Sanders wants it. Until the Vietnam War, most public colleges and universities had it. So what happened to our tuition-free public universities and colleges? UC Berkeley is perhaps the poster child to what has happened … Continue reading →

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Future Home Sales Also Soaring

Posted on May 28, 2016 by Popular Economics Weekly

The Mortgage Corner It looks like housing sales this year could return to pre-recession levels (though not into bubble territory), as all 3 major housing stats—existing, new, and now Pending-home sales are off to a good start in 2016. Pending … Continue reading →

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What Happened to Link Between Profits and Productivity?

Posted on May 26, 2016 by Popular Economics Weekly

Popular Economics Weekly What’s the link between profits and productivity, on which economic growth is based? It has broken down of late, so that profits of many businesses and whole business sectors are no longer used to enhance productivity. And … Continue reading →

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New-Home Sales Also Climbing

Posted on May 24, 2016 by Popular Economics Weekly

Financial FAQs “Sales of new single-family houses in April 2016 were at a seasonally adjusted annual rate of 619,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is … Continue reading →

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Existing-Home Sales Soaring

Posted on May 23, 2016 by Popular Economics Weekly

The Mortgage Corner There is more news the housing market is recovering—from the Great Recession, that is. But it’s still below pre-recession levels. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 1.7 … Continue reading →

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Middle Class Finally Gets A Raise

Posted on May 19, 2016 by Popular Economics Weekly

Popular Economics Weekly A new rule announced by the Obama administration will, effective December 1, double the overtime-pay salary threshold and set it to automatically increase every three years. It’s about time. The salary of employees has been diminishing since … Continue reading →

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Why Too Little Inflation?

Posted on May 17, 2016 by Popular Economics Weekly

Financial FAQs Where’s the inflation? It is barely rising, as consumers still wait for bargains, before they decide to buy. The overall Consumer Price Index in April rose just 1.1 percent, and is up 2.1 percent less food and energy … Continue reading →

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