economics


These Are The 50 Richest Countries By GDP Per Capita

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Luxembourg and Ireland top the list...


"Here Come The Layoffs"; Jobless Claims Rise To 8 Month High As Continuing Claims Unexpectedly Soar

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the DOGE-inspired 'Deep Tristate' region seeing claims surge to their highest since Dec 2021

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Inflation Highest In Democrat States, Lowest In Republican Deep South

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Another fringe benefit of voting in Democrats every election is having to pay much higher prices for, well, everything. 

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Fearmongering Pundits Disappointed AGAIN As Consumer Prices Refuse To Surge On Trump Tariffs

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...just wait until next month...


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Trump Says China Deal "Done" With 55% Tariffs On Beijing; Will Work With Xi To Open Up China To US Trade

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That figure includes a 10% baseline duty, a 20% charge tied to fentanyl trafficking and roughly 25% from preexisting levies from Trump’s first term as well as most favored nation rates


Appeals Court Keeps Trump's Tariffs In Place For Now

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The appeals court said it intends to hear arguments on July 31, which means the tariffs will remain in effect for at least the next two months.


India And US Advance Toward Interim Trade Deal After Four-Day Talks

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"The negotiations held with the U.S. side were productive and helped in making progress towards crafting a mutually beneficial and balanced agreement including through achievement of early wins"


The Fed Is Very Worried About Tariff Passthrough Onto Prices

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The Fed may easily overreact or underreact. Right now the Fed looks like a deer in headlights...


The Deficit Crisis Is Really A Recession Problem

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...it’s essential to acknowledge that the deficit problem is primarily associated with recessionary stimulus.


'Hard' Data Stays Resilient... For Now

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Another NFP passes by...


US Trade Deficit Shrinks By Most On Record In April As Imports Plunged

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Imports from China plunged to their lowest since March 2020...


Beijing Furious After Europe Uses "International Procurement Instrument" For First Time In Escalating Trade War With China

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“At first glance recent EU moves relating to China seem a bit contradictory, reviving senior level interaction while taking measures against unfair imports”


OECD Cuts Global Growth Forecast In Light Of Tariff Threat

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"The global economy has shifted from a period of resilient growth and declining inflation to a more uncertain path,”


US Labor Market JOLTed By Sharp Rebound As Job Opening Rise, New Hires Surge

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The collapse of the US labor market has been postponed indefinitely. 


US Factory Orders Plunged In April

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...as tariff-frontrunning faded.


With Centuries-Old Ohio Paper Mill Set To Close, Locals Hope For A Miracle

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The mill, one of the largest employers in the Appalachian foothills, could close by the end of the year if an alternative option is not found...


Recession? Atlanta Fed Hikes US Q2 Growth Outlook To Highest Since 2021

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...recession narrative wrecked.


US Manufacturing Surveys Mixed In May As Imports Collapse; Prices Paid At 3 Year Highs

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"...worrying developments under the hood of the US manufacturing economy."


US & China's Combined GDP Equals 184 Countries

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The U.S. and Chinese economies together amount to $50 trillion...


These Are The World's Biggest Shadow Economies

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...in absolute terms, China, the U.S. and India are home to the largest black markets...