Economics

Indicators

Healthcare Hiring Boom Buoys Job Market

(Photo credit: CDC/Unsplash)

A white-hot healthcare sector powered an much of the job growth in the past six months, according to a Wall Street Journal analysis.

1 min read

Power Corridor

Why This Year’s Black Friday Matters

It’s official: 2023 has been the year of the American consumer. The propensity for Americans to spend as though they have bottomless bank accounts has…

4 min read
(Photo by European Union 2023 EP under CC BY 4.0)

International Economics

Germany Freezes Public Spending After Court Ruling

Berlin has imposed a freeze on virtually all new federal spending commitments for the rest of the year, or the next 40 days.

1 min read
(Photo by Magda Ehlers on Pexels)

Indicators

US Retail Sales Dip in October, But It Could’ve Been Worse

According to the US Commerce Department released Wednesday, retail sales dipped slightly month-over-month in October, falling just 0.1%.

2 min read

Economics

Small Businesses Stall Amid Higher-for-Longer Interest Rates

(Photo by Blake Wisz on Unsplash)

In a Goldman Sachs survey of more than 1,200 small businesses, 53% said they can’t afford to take out loans at their current rates.

1 min read

(Photo Credit: Dan Burton/Unsplash)

Inflation & Prices

Low-Wage Workers Are Losing Their Leverage

Thanks to high demand for low-paying jobs in recent years, workers had plenty of leverage for bigger salaries and better perks.

2 min read
(Photo by Jezael Melgoza on Unsplash)

International Economics

Japan’s Central Bank Has an Unusual Foe: Inflation

After decades of trying — and failing — to stoke inflation, Japan has finally been gifted steadily rising prices.

2 min read
(Photo by Allison Huang on Unsplash)

Real Estate

Private Equity Giant Starts a Vacation-Rental Side Hustle

TPG, a San Francisco-based investment firm, has begun purchasing single-family homes in Florida tourist destinations.

2 min read

Real Estate

Washington DC Sues Landlords, RealPage in Alleged Rent-Fixing Scheme

(Photo by Chuttersnap on Unsplash)

Washington, DC’s Attorney General filed a lawsuit against property management software maker RealPage, along with 14 commercial landlords.

2 min read

OP-ED | Power Corridor

A Bottomless Congressional Conflagration

Another month, another potential government shutdown. The U.S. House of Representatives did manage to briefly overcome its deep divisions long enough to…

3 min read
Photo by Federal Reserve Board of Governors under Public Domain Mark 1.0

Power Corridor

Fed’s Tea Leaves Get Murkier

The U.S. Federal Reserve is all but certain to hold interest rates steady Wednesday, but the economy is still scorching – beating expectations in…

2 min read
(Photo by Blake Wisz on Unsplash)

Economics

The Economy is Expected to Slow, Someday

The third quarter likely saw strong economic growth, which sounds like good news — unless you’re rooting for lower interest rates.

1 min read

OP-ED | Power Corridor

Once and For All, Is It Spending…Or Taxes?

America’s debt clock is ticking – the nation’s debt is at around $33.7 trillion and its deficit, in the latest fiscal year, has effectively…

4 min read

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