Initial claims for regular state unemployment insurance rose in the latest week and the prior week was revised higher, falling short of expectations for a drop to 700,000.
Last week, President Biden signed legislation that will increase fiscal spending by $1.9 trillion. While often referred to as a “stimulus” bill, it might be better described as “relief” (although…
A year ago, the U.S. economy was humming along like a well-oiled machine. Annualized real gross domestic product (GDP) per capita stood at $58,490 in 2019-Q4.
"In all matters, before beginning, a diligent preparation should be made." —Marcus Tullius Cicero, On Duties