Economy Tag

Another 4.4 Million Americans Filed Unemployment Claims Last Week

Posted by Mary Chastain on April 23, 2020 7 Comments

The Labor Department revealed another 4.4 million Americans filed unemployment claims last week in the midst of the Wuhan coronavirus outbreak. Americans receiving unemployment benefits hit 16 million. The previous record was 12 million in 2010.

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Wuhan Virus Watch: Colorado’s Stay-at-Home Order to Transition Into ‘Safer At Home’ Phase

Posted by Leslie Eastman on April 22, 2020 18 Comments

Today's update will focus on the Great American Reopening from the Pandemic of 2020.

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Stacey Abrams Criticizes GA Gov. Brian Kemp’s Plan to Reopen State as ‘Dangerously Incompetent’

Posted by Mike LaChance on April 21, 2020 48 Comments

We recently pointed out that Stacey Abrams is now campaigning to be Joe Biden's running mate. Naturally, she has to have an opinion on when Georgia's economy should be reopened, and of course, it's negative. At least she is finally acknowledging she is not the governor of Georgia.

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Texas Gov. Abbott Announces Schools Closed for Rest of School Year, Eases Other Restrictions

Posted by Mary Chastain on April 17, 2020 20 Comments

Republican Texas Gov. Greg Abbott announced plans to loosen restrictions in place due to the Wuhan coronavirus, but schools will remain closed until next school year.

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Trump Releases Guideline to Open America’s Economy

Posted by Mary Chastain on April 16, 2020 31 Comments

President Donald Trump released the guidelines to gradually reopen the American economy.

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Another 5.2 Million Americans Filed Jobless Claims Last Week

Posted by Mary Chastain on April 16, 2020 11 Comments

The Labor Department that another 5.2 million Americans filed jobless claims last week.

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EU Fears Chinese Takeover of European Companies Amid Wuhan Coronavirus-Induced Downturn

Posted by Vijeta Uniyal on April 15, 2020 22 Comments

The European Union (EU) fears that China could exploit the economic downturn caused by the Wuhan coronavirus outbreak to take over European companies.

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Wuhan Coronavirus Shutdowns Hitting America’s Farms

Posted by Fuzzy Slippers on April 12, 2020 29 Comments

Our nation's economy is being severely challenged during this nationwide Wuhan coronavirus pandemic shutdown.  Not only are people losing their jobs in jaw-dropping, heart-breaking numbers, but businesses big and small are really struggling.

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Unemployment Claims Hit 6.6 Million Last Week Due to Wuhan Coronavirus Pandemic

Posted by Mary Chastain on April 09, 2020 11 Comments

The Labor Department reported that 6.6 million Americans filed for unemployment between March 28 and April 4.

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Colleges and Universities Already Panicking About Finances Over Shutdowns

Posted by Mike LaChance on April 08, 2020 57 Comments

We're just weeks into the Coronavirus crisis, but many colleges and universities are already facing financial meltdown. Tucker Carlson recently predicted some schools would not survive this, and he was right.

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Record Setting 6.6 Million Applied for Unemployment Last Week

Posted by Mary Chastain on April 02, 2020 7 Comments

The Labor Department revealed that a record 6.6 million Americans applied for unemployment last week. Over 3.3 million applied the previous week. In two weeks in March, almost 10 million filed for unemployment benefits.

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Wuhan Virus Watch: France and Italy approve use of chloroquine for patients with extreme coronavirus

Posted by Leslie Eastman on March 29, 2020 28 Comments

While the American press pushes smears regarding President Donald Trump's discussions of the malarial drug chloroquine as a potential treatment for the Wuhan coronavirus, the French and Italian governments have approved its use.

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Coronavirus’ Other Toll: 3.2 Million Americans Filed for Unemployment Last Week

Posted by Kemberlee Kaye on March 26, 2020 15 Comments

Thursday morning the Department of Labor released their report outlining weekly unemployment claims. For the week ending March 21, unemployment claims skyrocketed, topping 3.2 million nationally, a direct result of the national economic shutdown meant to slow the spread of Coronavirus.

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“There is not enough federal bailout money in the Treasury to save every pointless university in a bad recession”

Posted by Mike LaChance on March 22, 2020 27 Comments

As I pointed out in a recent Quick Take, people are already wondering if the Coronavirus crsis will burst the higher education bubble. Tucker Carlson addressed this issue in a monologue on his show this week which was right to the point.

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Former Democrat Campaign Staffers Struggle to Find Work During Coronavirus Crisis

Posted by Mike LaChance on March 20, 2020 41 Comments

In a case of unfortunate timing, many of the Democrats running for president ended their campaigns just before the Coronavirus crisis hit. Now many of the former campaign staffers are looking for jobs as life has come to a standstill.

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February Jobs Report: 273,000 Jobs Added, Unemployment at 3.5% Despite Coronavirus Fears

Posted by Mary Chastain on March 06, 2020 6 Comments

The Labor Department reported that employers added 273,000 jobs despite coronavirus fears. Many economists feared that employers would hesitate before hiring people. Unemployment also went down a bit, 3.5% from 3.6%

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Tom Steyer: Trump’s Economy Is Not That Great, No Matter That Numerous Polls Say Otherwise

Posted by Stacey Matthews on February 18, 2020 37 Comments

President Trump's resiliency in the face of being impeached and amid the constant barrage of attacks against him since day one has been a source of immense frustration for Democrats in 2020, especially in the aftermath of his unapologetic State of the Union address and his acquittal after the Senate's impeachment trial.

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December Existing-Home Sales Rose 3.6% to End 2019 on High Note

Posted by Mary Chastain on January 26, 2020 2 Comments

The National Association of Realtors revealed that existing-home sales rose 3.6% in December 2019 from November to end the year on a high note after a slowish start.

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