Economy - The New American

Stocks Lose Four Percent Last Week, Thanks to the Fed

Wall Street’s selloff last week has been blamed on everything but the real thing. The major indices lost more than four percent, with...

Bob Adelmann December 8, 2018

Tuesday’s Wall Street Selloff Triggered by Trump, Not the Economy

Bob Adelmann December 5, 2018

The selloff in stocks on Tuesday gives investors another chance to buy stocks of excellent companies at a discount. ...

Tariffs’ Upside: Two Million New Steel Industry Jobs

Bob Adelmann November 30, 2018

A nonpartisan trade group representing farmers, ranchers, manufacturers, and various labor groups reported on Tuesday that, according to its economic model, Trump’s tariffs...

Two Words From the Fed, and Wall Street Jumps More Than Two Percent

Bob Adelmann November 29, 2018

Wall Street jumped at the news from Fed Chairman Jerome Powell that interest rates were “just below” a neutral level. ...

Shoppers Set Records on Black Friday; Cyber Monday Records Likely As Well

Bob Adelmann November 26, 2018

While the Conference Board says the economy is slowing, Black Friday sales broke records and Cyber Monday sales are expected to do the...

Wall Street Worries? Blame the Fed

Bob Adelmann November 21, 2018

It's the Fed. It's not durable goods orders or the "death cross" or other reports of an allegedly fading economy that's behind Wall...

This Thanksgiving and Christmas, Think “Buy American”

Steve Byas November 21, 2018

The Alliance for American Manufacturing has provided a way for U.S. citizens to put their dollars into American companies this Christmas season. ...

Fed Official Suggests Four More Interest Rate Hikes in 2019

Bob Adelmann November 19, 2018

Charles Evans of the Fed’s Federal Open Market Committee says interest rates are too low and need to go higher. ...

Latest NFIB Report Confirms Robust Health of U.S. Economy

Bob Adelmann November 14, 2018

Despite the volatility on Wall Street, the U.S. economy continues its remarkable record-setting recovery from the Great Recession and the Obama administration. ...

Stocks Bounce Higher on Better-than-expected Jobs Report

Bob Adelmann October 31, 2018

Stocks bounced higher on Wednesday following Tuesday’s relief rally, responding to another positive employment report from ADP/Moody’s: The economy notched a gain of...

U.S. Treasury’s Massive Problem: How to Fund Increasing Deficits

Bob Adelmann October 30, 2018

The national debt of the United States government jumped by $1.3 trillion during the fiscal year ending September 30, and the U.S. Treasury...

Bear Market in Stocks Not Likely

Bob Adelmann October 29, 2018

Is the recent stock sell-off likely to continue? Is this a precursor to a decline in the economy? Not according to managers of...

Fed to Blame for Stock Market Selloff?

Bob Adelmann October 25, 2018

Wednesday’s selloff on Wall Street can be laid primarily at the feet of the Federal Reserve. ...

Amazon Robotics Is Automating Everything

Bob Adelmann October 18, 2018

Amazon, the largest Internet retailer in the world, purchased Kiva Systems, a robotics company specializing in shipping goods, in 2012, and it transformed,...