Sectors - The New American

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...

Bob Adelmann March 15, 2017

AT&T Agrees to “Re-source” Jobs Back to United States

Bob Adelmann March 6, 2017

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...

Fiat Chrysler Announces $1 Billion Investment in U.S., Creating 2,000 Jobs

Bob Adelmann January 11, 2017

Fiat Chrysler Automobiles announced on Sunday that it was investing $1 billion in expanding its plants in Warren, Michigan, and Toledo, Ohio — a...

Boomers Are Retiring, Draining Pension Plans

Bob Adelmann December 12, 2016

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

Steve Byas November 3, 2016

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

Bob Adelmann October 7, 2016

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?

Bob Adelmann September 8, 2016

Last week, following years of losses as the global economy has slowed, South Korean shipping giant Hanjin declared bankruptcy. More bankruptcies are likely...

U.S. Oil Shale Producers Putting OPEC Into Financial Bind

Bob Adelmann August 2, 2016

OPEC was producing crude oil at top rates to force the U.S. oil shale industry to back off. But oil prices have dropped,...

California’s Pension Plans Report Dismal Results, Increasing Shortfalls

Bob Adelmann July 20, 2016

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

Bob Adelmann April 11, 2016

There is a positive in all of the underfinanced public retirement plans: Massive implosions of pension plans will force beneficiaries to become more...