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Golfer gives glory to God
Wednesday, April 17, 2024
The World View in 5 Minutes is a round-up of the daily news from a Biblical perspective.
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By Whose Authority?
Wednesday, April 17, 2024
Crosstalk covers the issues that affect our world, our nation, our families and the Christian church.
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The Briefing: Wednesday, April 17, 2024
Dr. R. Albert Mohler, Jr.
A daily analysis of news and events from a Christian worldview.
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| P1 | Page 3 · Found: 499 news items | Search: ECONOMY |
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Expert: Obama economy based on doctored dataSaturday, December 27, 2014The White House appears determined to deliver in the president’s upcoming State of the Union speech a ringing message that economic growth under Obama is robust, with the DOW...Coming Egg Shortage Will Tax Family BudgetsSaturday, December 20, 2014If eggs are a staple in your family’s diet and you’d like to keep it that way, now would be a good time to get a few laying hens. Next month, beginning January 1, 2015, the...It’s official: America is now No. 2Friday, December 5, 2014Hang on to your hats, America. And throw away that big, fat styrofoam finger while you’re about it. There’s no easy way to say this, so I’ll just say it: We’re no longer No. 1....First U.S. Gas Station Drops Below $2 a GallonThursday, December 4, 2014An Oncue Express station in Oklahoma City was selling the motor fuel for $1.99 a gallon today, becoming the first one to drop below $2 in the U.S. since July 30, 2010, Patrick...Black Friday Fizzles With Consumers as Sales Tumble 11%Tuesday, December 2, 2014Even after doling out discounts on electronics and clothes, retailers struggled to entice shoppers to Black Friday sales events, putting pressure on the industry as it heads into...China Just Overtook The US As The World's Largest EconomyThursday, October 9, 2014Sorry, America. China just overtook the US to become the world's largest economy, according to the International Monetary Fund. Chris Giles at the Financial Times flagged up the...You Know It’s a Tough Market When Bernanke Can’t RefinanceSaturday, October 4, 2014Ben S. Bernanke said the mortgage market is so tight that even he is having a hard time refinancing his own home loan. The former Federal Reserve chairman, speaking at a...Scary October start for stocksThursday, October 2, 2014U.S. stocks declined sharply on Wednesday, with the fourth quarter starting off on a dour note after the S&P 500's seventh quarterly gain, as investors fretted global concerns,...Record 92,269,000 Not in Labor ForceSunday, September 7, 2014A record 92,269,000 Americans 16 and older did not participate in the labor force in August, as the labor force participation rate matched a 36-year low of 62.8 percent, according...Fed: US consumers have decided to 'hoard money'Wednesday, September 3, 2014One of the great mysteries of the post-financial crisis world is why the U.S. has lacked inflation despite all the money being pumped into the economy. The St. Louis Federal...Gov't Report: Taxes Will Go Up, Especially for the PoorSaturday, July 19, 2014Americans at all income levels will be paying more in taxes under current policies, according to this month's long-term budget outlook report by the Congressional Budget Office,...Record Number of Americans Not in Labor Force in JuneFriday, July 4, 2014The number of Americans 16 and older who did not participate in the labor force climbed to a record high of 92,120,000 in June, according to data from the Bureau of Labor...Economy in freefall?Thursday, June 26, 2014America's economy shrank at a drastic 2.9 percent annual rate in the first quarter, a far more alarming picture than ones painted in two previous government estimates -- including...Pope Francis’ Warning About The Economy: The System Is Near CollapseSunday, June 15, 2014Pope Francis warned about the possible collapse of the world economy, saying that “our world economic system can’t take it anymore” in an interview with La Vanguardia magazine....Media outlets work overtime to spin bad economic dataSaturday, May 31, 2014The big news Thursday was that America's economy shrank during the first quarter of 2014, its worst performance in three years -- but reporting that news apparently didn't sit...Russia, China Plan to Expand Payments in National CurrenciesWednesday, May 21, 2014Russia and China are planning to increase the volume of direct payments in mutual trade in their national currencies, according to a joint statement on a new stage of...The Unemployment Puzzle: Where Have All the Workers Gone?Sunday, April 6, 2014A big puzzle looms over the U.S. economy: Friday's jobs report tells us that the unemployment rate has fallen to 6.7% from a peak of 10% at the height of the Great Recession. But...ARMs Are Costing People Their HomesSaturday, March 22, 2014Back in September, the Associated Press took a close look at U.S. census data and learned that the supposed economic recovery was leaving an awful lot of people behind. One...Tax Revenues Hit Record in First 5 Months of FY14Tuesday, March 18, 2014Inflation-adjusted federal tax revenues hit a record $1,104,947,000,000 in the first five months of fiscal 2014, but the federal government still ran a $377,379,000,000 deficit...British Think Tank Predicts Financial Catastrophe for United StatesSaturday, March 15, 2014Entitled "The Government Debt Iceberg," the latest report from The Institute of Economic Affairs (IEA) in London was meant primarily for British eyes, but there's enough in there...McDonald’s Sales DropTuesday, March 11, 2014McDonald’s Corp. (MCD), the world’s largest restaurant chain, said sales at stores open at least 13 months fell 0.3 percent in February as its U.S. business slumped for the fourth...Protestant work ethic isn’t just Protestant anymoreSaturday, March 8, 2014America’s vaunted Protestant work ethic is getting a makeover: Now it might be more of an atheist work ethic. A new study has found an inverse relationship between the...Walmart Profit Drops 21 PercentFriday, February 21, 2014Wal-Mart Stores Inc. offered a weak profit outlook Thursday, signaling that it expects economic pressures to keep weighing on its low-income shoppers around the world. The...Number of US farms declines, farmers getting olderFriday, February 21, 2014The number of U.S. farms is declining even as the value of their crops and livestock has increased over the past five years, a government census of American agriculture released...EU executive sees personal savings used to plug long-term financing gapFriday, February 14, 2014The savings of the European Union's 500 million citizens could be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial...Stocks unravel after factory report; Dow sinks 300-plus pointsTuesday, February 4, 2014U.S. stocks were hammered on Monday, with benchmark indexes falling through key support levels after a gauge of factory activity disappointed, heightening concern about the...Wall Street adviser: Actual unemployment is 37.2%Wednesday, January 22, 2014Don't believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the real unemployment rate and the true “Misery Index.”...Harvard Professors Predict High Inflation, Defaults for U.S.Saturday, January 18, 2014Two Harvard professors are predicting that America will soon be forced to adopt financial measures only previously used by third-world countries in order to control its runaway...Housing, jobs data weakenFriday, December 20, 2013U.S. home resales hit a near one-year low in November and new filings for unemployment benefits unexpectedly rose last week, putting a wrinkle in an otherwise brightening economic...Farm Subsidies for Louis Farrakhan?Wednesday, December 11, 2013Between 2008 and 2011, the U.S. government awarded roughly $6.12 million in federal farm subsidies to several groups in the Chicago area, including a charity owned by Louis...America in Worse Fiscal Shape than Detroit-Professor Laurence KotlikoffFriday, December 6, 2013Boston University Economics Professor, Laurence Kotlikoff, says, “The country is in worse fiscal shape by many miles than Detroit. So, the country is essentially bankrupt.” Dr....Churches: The New Risky BetMonday, November 18, 2013Less than 30 minutes from Disney World, Celebration of Praise Church of God has 1,200 members and a 47-acre campus. The Clermont, Florida, church boasts an Olympic-size swimming...Former Fed Official “Sorry” for QE Looting of Public to Enrich Wall StreetSaturday, November 16, 2013With the growing national outcry over the Federal Reserve’s so-called “quantitative easing” (QE) scheme to enrich Wall Street by conjuring trillions of dollars into existence to...90,609,000: Americans Not in Labor ForceWednesday, October 23, 2013The number of Americans who are 16 years or older and who have decided not to participate in the nation's labor force has climbed to a record 90,609,000 in September, according...U.S. debt jumps a record $328 billion — tops $17 trillion for first timeSaturday, October 19, 2013U.S. debt jumped a record $328 billion on Thursday, the first day the federal government was able to borrow money under the deal President Obama and Congress sealed this week....Chase Bank Limits Cash Withdrawals, Bans International Wire TransfersThursday, October 17, 2013Chase Bank has moved to limit cash withdrawals while banning business customers from sending international wire transfers from November 17 onwards, prompting speculation that the...A job engine sputters as hospitals cut staffMonday, October 14, 2013Hospitals, a reliable source of employment growth in the recession and its aftermath, are starting to cut thousands of jobs amid falling insurance payments and in-patient visits....Debt Ceiling: China Calls for World to Be 'De-Americanised'Monday, October 14, 2013China's official news agency has called for the creation of a "de-Americanised world", saying the destinies of people should not be left in the hands of a hypocritical nation with...Fed downgrades its outlook for US economyFriday, September 20, 2013The Federal Reserve on Wednesday downgraded its outlook for the U.S. economy for 2013 and 2014. In doing so, it underscored concerns that led it to maintain the pace of its...Average cost to raise a kid: $241,080Thursday, August 15, 2013From day care to the monthly grocery bill, the cost of raising a child is climbing at a rate that many families can't keep up with. It will cost an estimated $241,080 for a...Signs of declining economic securityTuesday, July 30, 2013Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an...Two Americans Added to Food Stamp Rolls for Every Job Administration Says It CreatedThursday, July 25, 2013White House Press Secretary Jay Carney said yesterday that the Obama administration has pulled the nation from the depths of the "Great Recession" with the creation of 7.2 million...Detroit not alone under mountain of long-term debtMonday, July 22, 2013From Baltimore to Los Angeles, and many points in between, municipalities are increasingly confronted with how to pay for these massive promises. The Pew Center for the States, in...Michigan AG challenges judge's ruling that Detroit bankruptcy is unconstitutionalSaturday, July 20, 2013An Ingham County judge says Thursday's historic Detroit bankruptcy filing violates the Michigan Constitution and state law and must be withdrawn. But Attorney General Bill...Decades of decay, high debt lead Detroit into bankruptcyFriday, July 19, 2013The city of Detroit filed the largest municipal bankruptcy case in U.S. history Thursday afternoon, culminating a decades-long slide that transformed the nation’s iconic...Detroit Recovery Plan Threatens Muni-Market UnderpinningsSunday, June 23, 2013Emergency Manager Kevyn Orr’s plan to suspend payments on $2 billion of Detroit’s debt threatens a basic tenet of the $3.7 trillion municipal market: that states and cities will...Secret Budget Doc: 30-Yr Deficit $107 TrillionFriday, June 14, 2013According to GOP deficit projections subsequently prepared by Johnson and obtained by National Review Online, the true size of the problem is staggering, and surprised even many...Fed study: Tax hikes, not spending cuts, are slowing the recoverySunday, June 9, 2013Why is the Obama recovery the weakest recovery since the Great Depression? According to a new study by the Federal Reserve Bank of San Francisco, it is not because the federal...Slowing Economy ConfirmedThursday, June 6, 2013A report on the U.S. job market from Automatic Data Processing (ADP) on Wednesday morning surprised economists once again by coming in substantially below their expectations. The...Smithfield Foods to be bought by Chinese firm Shuanghui InternationalThursday, May 30, 2013Smithfield Foods, whose signature hams helped make it the world’s largest pork producer, is being bought by a Chinese firm in a deal that marks China’s most significant takeover...
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