Posted in coronavirus Economy manuacturing Philadelphia Fed

Philly’s Back: Fed Manufacturing Index Unexpectedly Surges to Prepandemic Heights

The Philly Fed said the results indicate “widespread optimism” about the next six months.

Continue Reading Philly’s Back: Fed Manufacturing Index Unexpectedly Surges to Prepandemic Heights
Posted in 2020 Election coronavirus Economy health Nancy Pelosi steven mnuchin stimulus

Mnuchin Says Nancy Pelosi Is Blocking Stimulus to Avoid Giving Trump a Win

Pelosi’s letters to the Democratic caucus make clear that she does not want any deal with Trump before the election.

Continue Reading Mnuchin Says Nancy Pelosi Is Blocking Stimulus to Avoid Giving Trump a Win
Posted in Economy NFIB Small Business Optimism Small Businesses

Small Business Optimism Soars to Prepandemic Levels

Small business optimism hit its highest level since January.

Continue Reading Small Business Optimism Soars to Prepandemic Levels
Posted in 2020 Election airlines coronavirus coronavirus relief Economy Nancy Pelosi Politics

Pelosi Takes Tens of Thousands of Airline Workers Hostage to Demand Blue State Bailout

A week ago, House Democrats were pushing for a standalone bill. On Thursday, Pelosi reversed her position.

Continue Reading Pelosi Takes Tens of Thousands of Airline Workers Hostage to Demand Blue State Bailout
Posted in 2020 Election Economy Federal Reserve Politics Presidential Debate Susan Page vice presidential debate

Fact Check: Susan Page Falsely Claims Economic Recovery Is Not Rapid and Robust

In reality, the economy is growing much faster than the top economists at the Fed thought was possible

Continue Reading Fact Check: Susan Page Falsely Claims Economic Recovery Is Not Rapid and Robust
Posted in 2020 Election Donald Trump Economy Fact Check Kamala Harris Politics tax cuts Tax Cuts and Jobs Act vice presidential debate

Fact Check: Kamala Harris Claims 2017 Tax Cuts Only Benefited Top 1%

At Wednesday night’s vice presidential debate, Sen. Kamala Harris (D-CA) claimed that President Donald Trump “passed a tax bill benefitting the top one percent, leading…

Continue Reading Fact Check: Kamala Harris Claims 2017 Tax Cuts Only Benefited Top 1%
Posted in 2020 Election coronavirus Donald Trump Economy Nancy Pelosi Politics

Carney: Nancy Pelosi’s ‘No Deal’ Strategy Killed the Stimulus Bill

Pelosi pretended to negotiate all summer long but the end game was always going to be no deal till after the election.

Continue Reading Carney: Nancy Pelosi’s ‘No Deal’ Strategy Killed the Stimulus Bill
Posted in 2020 Election Donald Trump Economy Media New York Times Taxes

Carney: The New York Times Is Wrong — Trump Paid Millions in Taxes in 2017

Trump used millions of dollars of a tax credit to pay most of his taxes in 2017, undercutting claims he paid just $750.

Continue Reading Carney: The New York Times Is Wrong — Trump Paid Millions in Taxes in 2017
Posted in American Airlines coronavirus Economy layoffs Nancy Pelosi Politics steven mnuchin

American Airlines to Begin Furloughing 19,000 Workers After Pelosi Fails to Agree to Deal with Mnuchin

American Airlines said it will begin furloughing 19,000 workers after lawmakers and the White House can’t agree on a coronavirus relief deal. The aid package…

Continue Reading American Airlines to Begin Furloughing 19,000 Workers After Pelosi Fails to Agree to Deal with Mnuchin
Posted in 2020 Election China Donald Trump Economy Joe Biden Politics Taxes trade

Carney: Biden Spent the First Debate Flooding America with a Torrent of Lies

Democrat presidential candidate Joe Biden took the stage last night with a simple political task: prove to the American people that he is more than…

Continue Reading Carney: Biden Spent the First Debate Flooding America with a Torrent of Lies
Posted in 2020 Election Donald Trump Economy New York Times Presidential Debate Taxes

Fact Check: Trump Paid Tens of Millions of Dollars in Taxes

The blockbuster expose by the New York Times revealed that Trump paid tens of millions of dollars in taxes during the years in question.

Continue Reading Fact Check: Trump Paid Tens of Millions of Dollars in Taxes
Posted in 2020 Election depreciation Donald Trump Economy New York Times Politics Taxes

Carney: The New York Times’ Attack on Trump’s ‘Financial Acumen’ Is Nonsense

The Times swings and misses with a contradictory, odd-ball attack on the president based on decades of tax data. |

Continue Reading Carney: The New York Times’ Attack on Trump’s ‘Financial Acumen’ Is Nonsense
Posted in Economy manuacturing Richmond Fed

Manufacturing Unexpectedly Surges in Richmond Fed District

Economic conditions are improving at a fast clip in Maryland, North Carolina, South Carolina, Virginia, and West Virginia.

Continue Reading Manufacturing Unexpectedly Surges in Richmond Fed District
Posted in 2020 Election Donald Trump Economy Joe Biden Pennsylvania Politics Scranton

Park Ave Residents Gave Joe Biden 8 Times What They Gave to Donald Trump

Joe Biden’s attempt to convince voters that his blue-collar roots make him the populist candidate in the 2020 presidential race is hard to square with…

Continue Reading Park Ave Residents Gave Joe Biden 8 Times What They Gave to Donald Trump
Posted in coronavirus Economy Gallup health

Summer Rise in Infections Did Not Reduce the Number of Americans Shopping or Dining Out

Consumer habits proved more reslient than expected.

Continue Reading Summer Rise in Infections Did Not Reduce the Number of Americans Shopping or Dining Out