The University of Michigan consumer confidence index fell to 82.8 in May, from 88.3 in April. More importantly, the current conditions index slumped to 90.8, from 97.2 and the expectations index declined to 77.6, from 82.7. Hard data also questions the strength of the...
Earlier this year, 17 state treasurers signed on to a letter to Congress asking them to include $350 billion to cities and states as part of the latest COVID relief package, passed by the House of Representatives this weekend. In the letter, the signees declare that...
Scott talks to Bob Murphy about the economic side of all the covid policies this past year. Most obvious are the huge spending bills, which dwarf even the stimulus measures taken after the 2008 recession. Murphy reminds us that this kind of rampant spending really...
Starting out that way. Homes of Mitch McConnell and Nancy Pelosi Are Reported Vandalized Mitch McConnell, the Senate majority leader, called the vandalism of his Louisville, Ky., home a “radical tantrum” taken from a “toxic playbook.” The homes of Senator Mitch...
According to the popular way of thinking, various economic data can provide an analyst with the necessary information regarding the state of the economy. It is held that by inspecting various economic indicators such as the gross domestic product or industrial...
US News The DNI declassified a memo from former CIA director John Brennan saying Hillary Clinton had a plan to distract from her email server by blaming Russia for hacking her leaked email. [Link] The Michigan Supreme Court strikes down the governors Covid-19 lockdown...
After six months of state-imposed lockdown, the United States faces nationwide mask and COVID test shortages, record high unemployment rates, and over 200,000 COVID-related deaths. Since Congress passed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security...
US News Nebraska allowed a $25,000 property to be sold without notifying the owner over a $900 tax bill. [Link] Hundreds of Covid stimulus checks went to Australians. [Link] Foreign Policy Six of Oregon’s largest helicopters that could assist in fighting wildfires are...
