Trump “Slump” in Gun Sales Is Only Temporary
The high sales volume that the gun industry saw under President Obama is declining, but the "new normal" will be at a much higher level. ...
Sectors
AT&T Agrees to “Re-source” Jobs Back to United States
The union representing AT&T workers in five southern states has reached a tentative agreement with AT&T Southwest that includes a promise to hire 3,000 American workers to do jobs previously done...
Fiat Chrysler Announces $1 Billion Investment in U.S., Creating 2,000 Jobs
Fiat Chrysler Automobiles announced on Sunday that it was investing $1 billion in expanding its plants in Warren, Michigan, and Toledo, Ohio — a move which would result in 2,000 new jobs...
Boomers Are Retiring, Draining Pension Plans
As Baby Boomers retire, pension promises won't be kept. What happens then? Athens? London's "Winter of Discontent?" ...
Chinese Communist Wants to Own Hollywood Studio
Lenin saw the cinema as critical to Communist take-over. Now, his Chinese comrades are actually buying up the American movie industry. ...
Behind the Jobs Report: Weakness in Manufacturing, Transportation
Heading into the Christmas shopping season, manufacturing and transportation numbers should be much better than they are. ...
Hanjin Bankruptcy: a Harbinger for the Global Economy?
Last week, following years of losses as the global economy has slowed, South Korean shipping giant Hanjin declared bankruptcy. More bankruptcies are likely on the horizon. ...
U.S. Oil Shale Producers Putting OPEC Into Financial Bind
OPEC was producing crude oil at top rates to force the U.S. oil shale industry to back off. But oil prices have dropped, and Saudis are now in a financial bind....
California’s Pension Plans Report Dismal Results, Increasing Shortfalls
California’s pension plans are reporting dismal results, and the fund is now about $100 billion short of meeting its future obligations. ...
States’ Pension, Health Plans Increasingly Vastly Underfunded
There is a positive in all of the underfinanced public retirement plans: Massive implosions of pension plans will force beneficiaries to become more self-reliant and less dependent upon governments' and politicians'...
Robots Are Taking Over Agriculture
Technology will soon allow a single factory to produce more than 30,000 heads of lettuce every day, using 98 percent less water, 30 percent less energy, and 50 percent fewer humans....
Minimum Wage Hikes Are Costing Jobs
Economic laws cannot be overturned, no matter how hard progressives try. ...
The Fallacy of Obama’s Job Creation
The Obama administration has loudly touted reports that the U.S. economy has generated 14.1 million new jobs over the past 70 months and now sits at a 5.0 percent unemployment rate,...
Taxpayers Subsidizing Peanut Glut to the Tune of $2 Billion
Because of the existence of federal subsidies, farmers are overproducing peanuts, putting taxpayers on the hook for $2 billion. ...
Walmart’s Stock’s Selloff Hinges on Perceived Economic Gloom
Walmart's stock selloff has nothing to do with a perceived declining U.S. economy, but everything to do with serving customers. ...