More on the Economy Wage growth has been a missing ingredient in the expansion. It hovered for years below pre-recession levels but has been creeping higher since 2015, with the Continue Reading
The United States is currently waging economic warfare against one tenth of the world’s countries with cumulative population of nearly 2 billion people and combined gross domestic product (GDP) of Continue Reading
Cyclical indicators point to slower and more uneven growth in the global economy for the rest of this year and into 2019, which means the rise in oil consumption is Continue Reading
Steel tariffs are creating headwinds for the U.S. energy sector, impeding with the government’s own objectives and stifling production, industry leaders said. “The Trump Administration has supported the development of Continue Reading
The Miracle Mile in Carlisle, Pennsylvania, is a vital capillary in the US freight transport system. Linking interstate highway 81 to the Pennsylvania Turnpike, the road is just an overnight drive Continue Reading
Only a few months ago, the global economy appeared to be humming, with all major nations growing in unison. Now, the world’s fortunes are imperiled by an unfolding trade war. Continue Reading
For Americans, rising oil prices are threatening $3-a-gallon gasoline and pushing up prices for plane tickets. In many other parts of the world, today’s crude rally is more painful—sparking protests, Continue Reading
These nine dynamics are mutually reinforcing. Beneath the surface signals of an eternally rising stock market and expanding GDP, we all sense something is deeply, systemically wrong with the U.S. Continue Reading
Angola, Libya, and Iran led the pack among OPEC members when comparing GDP figures from before and after the group’s production agreement, data show. Economists at the Organization of Petroleum Continue Reading
“We’re putting the trade war on hold,” U.S. Secretary of Treasury Steven Mnuchin said on “Fox News Sunday,” nearly two weeks ago. That didn’t go down well with President Trump Continue Reading
