Americans Are Misjudging Economy, Per Biden Administration
A recent Harris poll for The Guardian reveals widespread misconceptions about the U.S. economy. Most Americans (56%) believe the country is in a recession, but it's not
Americans Are Split on Economy Despite Growth
More than half of Americans believe the U.S. is in a recession, even though the GDP has been growing for several years.
Business Insider Took A Closer Look At Middle Class in America
A Business Insider analysis of 2022 US Census Bureau data revealed stark contrasts in the middle-class population across states.
Biden Proposes Tripling Tariffs on Chinese Steel and Aluminum Imports
President Joe Biden is advocating for a significant increase in tariffs on Chinese steel and aluminum imports, proposing to triple the current rates.
America's Automotive Titans Struggle Amidst Foreign Competition and Policy Dilemmas
The recent woes faced by America's leading automakers - Ford, General Motors, and Stellantis - have gone largely unnoticed amidst their impressive profits.
America's Most Crucial Waterway Faces Drying Out Crisis
Drought conditions in the Midwest and lower-than-normal rainfall in parts of the eastern U.S. is causing water levels to drop on the Mississippi and Ohio rivers for the second consecutive year.
What is driving the desire among Americans to seek part-time employment?
As the pandemic recedes, more Americans are gravitating towards part-time and freelance work, seeking flexibility in the job market where workers still have the upper hand.
Gallup poll reveals Americans don't trust Biden or Powell
A new Gallup poll has shown that Americans lack confidence in President Biden, Federal Reserve Chair Jerome Powell, and Treasury Secretary Janet Yellen when it comes to the economy.
American Companies Operating in China
It's typical for companies operating in foreign countries to have concerns and viewpoints regarding the state of bilateral relationships, particularly when their operations are located in those countries.
American workforce grows with the addition of 236,000 jobs
Despite the nine interest rate hikes imposed by the Federal Reserve over the last year, American employers have added over 236,000 new jobs.
Electric cars? Nah, we want more electric bikes
The EBIKE act launched two years ago, had proposed giving Americans a $1500 price tag reduction on a brand new Ebike.
Diesel price declines for the 7th consecutive week
Just this week, diesel prices have declined 6.2 cents. This dip has lowered the national average to less than $4.2 per gallon, and the per-barrel oil price dropping alongside it.
Factory demand in the U.S. becoming sluggish as interest rates climb
As interest rates rise, the cost of borrowing for businesses increases.
AAA study shows that most Americas are fearful of automated vehicle technology on the road
These results are somewhat surprising, considering many of those same individuals are interested in the technology that powers those systems.
Recession or not: mixed signals are abundant
The usual economic indicators for a recession aren’t coinciding with what economists are used to… creating mass confusion.
American consumers are growing weary of corporations siphoning every dime they have
After several years of cash stacking up in American households due to the pandemic, the pocketbooks are now wearing thin.
Americans are moving to the South and the West in droves
While California and New York lost hundreds of thousands of residents, Florida, North Carolina, South Carolina, and Texas were mass gainers. Some speculate that the migration is due to lower taxes and also reference the strong job market and “bounce-back” post-pandemic.
The U.S. Treasury Department is nail-biting over federal government borrowing
The imposed “cap” on the federal government’s debt has been increased over and over again over the last sixty years.
US crude oil production is expected to have record growth by 2024
The United States should make up the vast majority of non-OPEC oil growth as the country’s oil drillers work overtime.
The complicated mission to restore U.S. mining for battery materials is underway
The U.S. has significant domestic reserves of many of the minerals used in battery production, including lithium, cobalt, and nickel.