Economy - The New American

Occupational Licenses: Petty Tyranny Over Property and Labor

Occupational licensure requirements prevent many of the most needy from obtaining gainful employment. ...

Joe Wolverton, II, J.D. January 29, 2018

Tax-Reform Ripple Effect: Hundreds of Companies Recalibrating, Raising Employee Benefits, Investing in New Projects

Bob Adelmann January 26, 2018

Under Trump's new tax plan, companies across the nation, such as Home Depot, Starbucks, and Walt Disney, are increasing pay for workers or...

Amazon Opens Its First “Just Walk Out” Store in Seattle

Bob Adelmann January 22, 2018

Big gates swing on little hinges. This little store in Seattle could be just such a hinge, threatening to transform shopping experiences everywhere....

Economy Beats Forecasters Again: Jobless Claims at 45-year Low

Bob Adelmann January 19, 2018

Economists expected 250,000 new jobless claims to be filed during the week ending January 13, but claims fell to a 45-year low of...

Walmart Voluntarily Raises Its Minimum Wage

Bob Adelmann January 12, 2018

The world’s largest retailer, Walmart, announced on Thursday that it was voluntarily raising its minimum wage for new workers to $11 an hour...

The State Where People Are Afraid to Pump Gas — and the Gov. Wouldn’t Allow it

Selwyn Duke January 11, 2018

Should you need a license to pump gas? Some people seem to think so, which is perhaps why Oregon had a 56-year-old law...

Dow Smashes Through 25,000; to Smash Dems in November?

Bob Adelmann January 4, 2018

The market may be telling us about the ouctome of the mid-term elections as well. ...

Another Accident That Could Have Been Avoided on Government-subsidized Amtrak

Raven Clabough December 21, 2017

The National Transportation Safety Board (NTSB) reports that the Amtrak train that derailed on Monday on its way to Portland from Seattle was...

U.S. Economy’s Stunning Performance Continues to Bewilder Forecasters

Bob Adelmann December 14, 2017

You'd think they'd learn. But economic prognosticators are still playing catch-up ball as the economy continues to roar ahead. ...

November’s Jobs Report Beats Forecasters, Again

Bob Adelmann December 8, 2017

Once again economists’ forecasts fell short in November, with the surging economy generating 228,000 new jobs compared to estimates of fewer than 200,000....