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Feb 18 2021
News
U.S. Unemployment Claims Rise, Pausing Recent Downward Trend
Worker applications for unemployment benefits rose to 861,000 last week, halting a downward trend that pointed to an improving labor market amid other signs that the economic recovery is picking up.
The Labor Department on Thursday said the increase was accompanied by a 55,000 upward revision of claims in the prior week, on a seasonally adjusted basis. That put the four-week moving
Wall Street Journal (News)Sep 10 2019
News
Trade uncertainty is at its highest point on record
UNCERTAINTY IS a sort of poison for the global economy. Without knowing what lies ahead, firms delay making potentially profitable investments and hiring new workers. As President Donald Trump’s trade wars have escalated, economists have attempted to estimate how much uncertainty has risen—and to what extent it may be dragging down economic growth.
The latest such measure comes from
The EconomistJul 24 2019
Opinion
Occupational Licensing Stops Workers From Moving Across State Lines. Andrew Yang Wants To Fix That.
Bipartisanship may seem to be going out of style. But at least one issue continues to unite Republicans and Democrats: licensing reform. Democratic presidential candidate and venture capitalist Andrew Yang—who is running on a platform centered around a Universal Basic Income—has just released his plan to chip away at licensing requirements in an attempt to "get America moving again."
Billy BinionJul 14 2020
News
Consumer prices rebounded in June, but that's not the whole story
New York (CNN Business) - Consumer prices rose in June after three straight months of declines, as the cost of gas and food increased.
The consumer price index, which measures what Americans pay for everything from clothing to appliances, rose 0.6% last month on a seasonally adjusted basis, the Bureau of Labor Statistics said Tuesday. In May, prices declined 0.1%. The consumer price
CNN DigitalMar 29 2021
News
Schumer eyes bypassing filibuster for third bill
Senate Majority Leader Charles Schumer (D-N.Y.) is looking at whether he could pass a third bill this year through reconciliation, an arcane budget process that lets Democrats avoid the legislative filibuster.
Schumer’s staff recently argued to the parliamentarian that they could use Section 304 of the Congressional Budget Act, which greenlights the use of reconciliation, to tee up
The HillJun 11 2014
News
5 takeaways from Eric Cantor shocker
House Majority Leader Eric Cantor's astonishing loss in his primary Tuesday to an obscure economics professor named Dave Brat sent shock waves through the House the GOP and the Virginia political establishment.
PoliticoAug 26 2015
News
Iran nuclear deal erases Obama's red lines
From allowing Iran to keep enriching uranium to abandoning anywhere anytime inspections of Tehrans nuclear facilities, the Obama administration has crossed many of its own red lines in the nuclear deal that will lift tough economic sanctions on Americas longtime adversary.
Washington TimesAuthor
Charles Lane
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Jul 19 2019
News
Raising the Minimum Wage
“House Democrats approved legislation Thursday to raise the federal minimum wage for the first time in a decade, to $15 an hour.” The bill now heads to the Senate, where it is unlikely to pass. (AP News)
The left supports raising the minimum wage, arguing that it is unlikely to cause major job losses, though many favor a more limited increase in line with local conditions.
“[The
The Flip Side