by Daniel White | Mar 8, 2021 | Economy
March 8, 2021 Here’s one for the “this could never be good news” file. By the end of the year, a third of U.S. small businesses could close, according to the troubling findings of a Federal Reserve report on American small businesses. The Fed stated around 9 million...
by Daniel White | Mar 1, 2021 | Economy
March 1, 2021 Not so long ago, retiring with a comfortable nest egg took time, but it was possible. From the late 1960s to 2007 the average interest paid on a 10-year government bond was 7 percent. So, if you worked hard and put your money away in a bond portfolio...
by Daniel White | Feb 22, 2021 | Economy
February 22, 2021 If you don’t think there’s a bubble brewing in the stock market, look no further than Tesla. The electric car maker’s stock opened 2020’s first trading day at a split-adjusted $89.40 per share. It closed on the last trading day of 2020 at $705.67 per...
by Daniel White | Feb 15, 2021 | Economy
February 15, 2021 As the COVID-19 pandemic spikes again and federal stimulus trails need, the U.S. poverty rate is exploding at a rate never seen before. In fact, nearly 8 million Americans have fallen into poverty over the last five months alone, a new study shows....
by Daniel White | Feb 8, 2021 | Economy
February 8, 2021 Many people travelled over the holiday period, prompting a rebound in U.S. air traffic. Looking at Transportation Security Administration (TSA) checkpoint crossings on a year-over-year basis, after initially dropping by more than 90 percent during the...
