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...
by Daniel White | Feb 1, 2021 | Economy
February 1, 2021 For many reasons, 2020 won’t soon be forgotten. But it stood out in history because five events occurred that we’ve never encountered and may never see again (though nobody knows the future). Economic Whirlwind The decline in U.S. gross domestic...
