This week the national average gas price fell slightly — but that doesn't tell the story of what's shaping up to an interesting time for the oil market. First, according to GasBuddy data, the average gas price now sits at $2.88 a gallon, down 2.6 cents from last week. Meanwhile...
Observers have warned that the market may have been overheated for some time. However the culprit behind the current selloff seems to be rising interest rates.
The U.S. economy had something to celebrate last month as unemployment reached its lowest level in nearly 49 years. Sitting at just 3.7%, this unemployment rate hasn't been seen since December of 1969. However, as CNN notes, sharing the headline with this impressive accomplishment is that fact that the number of jobs...
If all goes to plan, the North American Fair Trade Agreement (NAFTA) will be a thing of the past soon enough. In its place, a new agreement between the United States, Mexico, and Canada has been reached and will be aptly named the United States-Mexico-Canada Agreement (USMCA). As Vox reports, this...
An often cited statistic suggests that the majority of Americans would be unable to come up with a few hundred dollars in the event of an emergency. While that may be true, there are of course those who maintain fairly healthy savings accounts. In fact a recent study by Magnify Money found...
They say that all that glitters is not gold — and that cliche seems to apply to The Golden State as well. According to new data from the U.S. Census Bureau and reported on by the San Diego Union-Tribune, California has the highest level of poverty among the 50 states. Moreover...
Of all the recent economic stories that have developed in recent months, perhaps the most notable has been the on-going controversies around trade policy and tariffs. Aside from the typical political debates that tend to erupt whenever either party makes a move, the tariffs have been especially divisive as they've managed...
August 2018 proved to be another strong month in terms of job growth in the United States, with the economy adding 201,000 new jobs during the month. Not only did this mark the 95th consecutive month of job gains but also slightly outpaced the 12-month average of 196,000 jobs added. Despite...