U.S. Recovery Continues But so Does Inflation

The Labor Department Department reported that in the month of June the consumer-price index increased 5.4% from a year ago, the highest 12-month rate since August 2008.

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Crunch Time for Democrats on Biden Spending Plan

Democrats face a critical moment in Biden’s spending plan, do they succeed or fail, time is running out!

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Squabble in OPEC Sends Oil Prices Higher

A internal squabble between OPEC members are sending oil prices to a six year high as a deal to increase oil production falters. 

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U.S. Economy Adds 850,000 Jobs in June, Unemployment Rate settles at 5.9%

The U.S. Bureau of Labor Statistics reported that 850,000 jobs were created in June, with the unemployment rate changing little at 5.9%.

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IMF Raises U.S. Growth Rate to 7%

The International Monetary Fund on Wednesday raised U.S. growth rate projection in 2021 to 7% up from the 4.6% issued in April due to the massive fiscal and monetary support by the government and the U.S. Federal Reserve.

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ADP Shows June Employment Added 692,000 New Jobs

Payroll processing group ADP reported that 692,000 jobs were created in June, however they revised April’s number down by 92,000 jobs, and Friday, The Bureau of Labor Statistics will publish its official unemployment report. 

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