Tag Archives: corporate profits

Bernie’s Economic Platform—Part II

Popular Economics Weekly Bernie Sanders and Donald Trump won their respective Indiana primaries, and we know why. In February air-conditioner manufacturer Carrier, a wing of United Technologies, announced that beginning next year it will move its Indianapolis production to Mexico … Continue reading

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , , | Leave a comment

Why Such Dismay At Fed Chair Yellen’s Dovish Remarks?

Financial FAQs Janet Yellen gave another speech yesterday, and stocks and bonds rallied. So you would think the pundits would applaud her speech. But, no, with approximately half of the Fed Governors saying they want higher interest rates now, many … Continue reading

Posted in Consumers, Economy, Politics, Uncategorized, Weekly Financial News | Tagged , , , , | Leave a comment

Consumers Lead Growth, and Business Investment

Financial FAQs The U.S. economy grew at a faster 3.7 percent annual clip in the second quarter, up from the initial estimate of 2.3 percent, the Commerce Department said Thursday. Why was that a surprise to those short sellers afraid … Continue reading

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , , | Leave a comment

Why Lower Growth, Higher Corporate Profits?

Popular Economics Weekly First-quarter economic growth wasn’t as bad as expected, yet corporate profits were much better than expected. So what are corporations doing with their profits, rather than investing in future growth? The second revision to first-quarter GDP came … Continue reading

Posted in Consumers, Economy, Housing, housing market, Macro Economics, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

Minimum Wages vs. Maximum Profits?

Financial FAQs Corporate profits are at all-time highs, and workers compensation at all-time lows, as fast food workers continue to strike for higher minimum wages. Yet business interests still maintain maximum profits have to be a corporation’s primary consideration. In … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , | Leave a comment

Government Wasn’t the Problem

Popular Economics Weekly If the latest unemployment report tells us anything, it is that government isn’t the problem that has caused the weak U.S. recovery, but a private sector that is focused solely on maximizing profits for their investors and … Continue reading

Posted in Uncategorized | Tagged , , , , , , , | Leave a comment

November’s 203,000 Payroll Jobs Not Enough

Popular Economics Weekly The U.S. Bureau of Labor Statistics reported today unemployment declined from 7.3 percent to 7.0 percent in November, and total nonfarm payroll employment rose by 203,000. But that shouldn’t be enough good news for the Federal Reserve … Continue reading

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , , , | Leave a comment

Are Excessive Corporate Profits Hurting Growth?

Popular Economics Weekly The third estimate for real GDP growth for the second quarter was left unchanged at an annualized rate of 2.5 percent compared to the second estimate and compared to a first quarter rise of  1.1 percent. But … Continue reading

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged , , , , , , | Leave a comment

Labor’s Day Remembered

Popular Economics Weekly As we celebrate another Labor Day, a national holiday, how do we remember it? I would like to remember it as some other developed countries celebrate it. France, for instance, has enshrined the one-hour lunch, whereas a … Continue reading

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Deflation and Our Plunging Deficit

Popular Economics Weekly The federal budget deficit is shrinking rapidly, says Goldman Sachs Chief Economist Jan Hatzius. And that is not such a good thing at the moment, since the private sector isn’t spending enough. It means this very weak … Continue reading

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , | Leave a comment