Tag Archives: tariffs

Retail Sales Slump

Financial FAQs “Retail trade sales were virtually unchanged (±0.5 percent)* from November 2025, and up 2.1 percent (±0.5 percent) from last year. Nonstore retailers were up 5.3 percent (±1.4 percent) from last year, while food service and drinking places were … Continue reading →

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Why the Job Losses?

Popular Economics Weekly “The number of job openings continued to trend down to 6.5 million in December, the U.S. Bureau of Labor Statistics reported today. Over the month, both hires and total separations were little changed at 5.3 million each. … Continue reading →

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Will Consumers Recover?

Financial FAQs “Retail trade sales were up 0.6 percent (±0.5 percent) from October 2025, and up 3.1 percent (±0.5 percent) from last year. Nonstore retailers were up 7.2 percent (±1.2 percent) from last year, while food service and drinking places … Continue reading →

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Where Are the Jobs?

Financial FAQs “Both total nonfarm payroll employment (+50,000) and the unemployment rate (4.4 percent) changed little in December, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in food services and drinking places, health care, and … Continue reading →

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Equality Is Good for Everyone–Part II

Popular Economics Weekly “Nineteen states will increase their minimum wages on January 1, boosting earnings for more than 8.3 million workers by a total of $5 billion. In addition, 47 cities and counties will raise their minimum wages, adding to the … Continue reading →

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Equality Is Good For Everyone!

Answering Kennedy’s Call “And on the tax front, it’s time for rich people like me to pay more.” Mitt Romney Getty/Bettmann This quote from a recent NYTimes Mitt Romney Op-ed is my Christmas message: Equal opportunity hasn’t been available to … Continue reading →

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Still Flying Blind–Part II

Financial FAQs “Hiring has been choppy of late as employers weather cautious consumers and an uncertain macroeconomic environment. And while November’s slowdown was broad-based, it was led by a pullback among small businesses.” ADP wallpaperaccess.com We know why consumer confidence … Continue reading →

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Trump Copies Putinism

Popular Economics Weekly “Russian mathematician and Putin critic Andrey Piontkovsky characterized Putinism as “the highest and final stage of bandit capitalism in Russia; and also as a war, ‘consolidation’ of the nation on the ground of hatred against some ethnic group, … Continue reading →

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What is Worrying Consumers?

Financial FAQs “Consumer confidence tumbled in November to its second lowest level since April after moving sideways for several months,” said Dana M Peterson, Chief Economist, The Conference Board. “All five components of the overall index flagged or remained weak.” Conference … Continue reading →

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U.S. Economy Is Freezing!

Popular Economics Weekly “…while the economy is growing thanks to AI spending, it’s a K-shaped expansion: People who were already affluent are becoming more so, but the less well-off are under severe pressure. For example, there are clear signs that … Continue reading →

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