Debt Grows For Americans

This is about the debt of Americans, not America’s debt – though the two are remarkably similar. On average, Americans Continue reading →

Bots Rule Stock Market

Automated trading was blamed for the stock market crash in 1987. That was back when stocks were usually traded between Continue reading →

US Jobs Report January 2018

The good news “Total nonfarm payroll employment increased by 200,000 in January, and the unemployment rate was unchanged at 4.1 Continue reading →

American Savings Sink

“In December, the personal savings rate dropped to 2.4 percent, its lowest level since 2005.” – Slate Americans don’t save, Continue reading →

Wealth Inequality Versus Poverty

Oxfam released its new report (pdf) on wealth and poverty. Their report is extensive, but here’s a synopsis of their Continue reading →

Gig Economy Rules Recovery

If it seems like job growth since the Great Recession hasn’t had the usual effect that’s because the job growth Continue reading →

Global Inequality Increases

The trend continues. 27% of the wealth growth from 1980 has gone to the top 1%. Even within that group, Continue reading →

November 2017 US Jobs Report

The good news: Jobs are up 228,000, which beat expectations of 195,000. Unemployment remains low, at 4.1%. The not so Continue reading →