A looming strike at United Parcel Service (UPS) could have a sharp economic impact. A strike could cost over $7 billion in losses for just one 10-day work stoppage, Reuters reported Thursday (July 13), citing findings from Anderson Economic Group (AEG). The findings include estimates for customer losses of up...
You know the setup — the one that’s part of seemingly every horror movie ever made. Would-be victims use their wits to outrun hordes of moaning zombies, but a few folks always get caught and disappear in a grisly, lip-smacking, bone-crunching gore-fest. Will so-called “zombie...
A quick recovery may be in the cards. But so might a “false start.” Thursday morning, the U.S. Federal Reserve said that it had launched a multi-trillion dollar lending program that targets smaller businesses, and in a broadened salvo, targets local governments, too. It’s all...
While the U.S. economy is going into the fourth quarter strong, there are concerns about weaker consumer spending this holiday season. The Wall Street Journal reported that the Commerce Department, in separate reports, said household spending rose in October, while orders for long-lasting factory goods...
June 16, 2020
You know the setup — the one that’s part of seemingly every horror movie ever made. Would-be victims use their wits to outrun hordes of moaning zombies, but a few folks always get caught and disappear in a grisly, lip-smacking, bone-crunching gore-fest. Will so-called “zombie companies” soon do the same to parts of the U.S. […]
August 18, 2017
The economic world before the Great Recession and the world ten years hence are similar-looking — but in many ways fundamentally different — places. And if one is looking for...
July 10, 2017
How is U.S. employment stacking up? It depends on who you ask. The U.S. Labor Department announced Friday (July 7) that the country added 222,000 jobs in June, far surpassing...
October 02, 2023
The resumption of student loan payments will be only “a drop in the bucket” for the broader household sector, according to three Wells Fargo economists. While the approximately 43 million borrowers with student loan debt will face increased obligations and reduced ability to spend on discretionary purchases, this will have minimal effects on the overall economy, […]
July 13, 2023
A looming strike at United Parcel Service (UPS) could have a sharp economic impact. A strike could cost over $7 billion in losses for just one 10-day work stoppage, Reuters reported Thursday (July...
November 28, 2019
While the U.S. economy is going into the fourth quarter strong, there are concerns about weaker consumer spending this holiday season. The Wall Street Journal reported that the Commerce Department,...
February 28, 2019
New data shows the number of U.S. $100 bills in circulation has doubled since 2008, with more than 12 billion of them around the world. According to CNBC, the latest...
