by Daniel White | Mar 15, 2021 | Economy
March 15, 2021 There is good news on the pandemic. Vaccinations are up. Cases are down, as are deaths. This brings hope for everyone. But for the stock market, it’s as if the pandemic never happened, save for a few weeks of plunging prices last spring. And now markets...
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...
