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Economy
Economy news
San Francisco’s Sales Tax Revenue Tumbles Despite Tourism Boom
San Francisco’s sales tax revenue, a key metric of economic activity, dipped during the last three quarters of 2023 compared to the same period the prior year.
April 27, 2024
BY
Lear Zhou
California Ranked World’s 5th Largest Economy for 7th Straight Year
The Golden State maintained its position, following the United States, China, Germany, and Japan.
April 25, 2024
BY
Sophie Li
Mixed Earnings Reports Deliver Market Jitters
Commentary After a strong first quarter, the historically robust market month of April is suffered a bad spell. ...
April 24, 2024
BY
Louis Navellier
California Is Minting Millionaires While Its Population Declines
Although the state’s population is decreasing, the number of taxpayers earning at least $1 million is on the ...
March 30, 2024
BY
Travis Gillmore
California Has Promised a Quarter-Trillion Dollars More Than It Has to Spend
A annual financial report from the State Controller’s Office released March 15 details more than $255 billion in unfunded liabilities, the largest ...
March 20, 2024
BY
Travis Gillmore
California Created 275,000 Fewer Jobs; Suffered Lowest Employment Growth in 2023
More Californians expect hard economic times ahead for the state.
March 20, 2024
BY
Andrew Moran
Aging Population Causing State’s Labor Participation Rate to Shrink
The portion of the labor force working or seeking work has fallen to less than 62 percent in ...
March 6, 2024
BY
Travis Gillmore
Commerce Secretary Says US Could Become Global Leader in Semiconductor Manufacturing by 2030
Through various investments, Commerce Secretary Gina Raimondo hopes the United States can become a global leader in the ...
February 27, 2024
BY
Stephen Katte
Stock Market Today: Nvidia Surges on AI Boom, Setting Off a Rally on Wall Street
NEW YORK—Nvidia’s stock price surged Thursday after delivering another blowout quarter, setting off a rally in other technology ...
February 22, 2024
BY
The Associated Press
Geopolitics May Start to Move the Markets Again
Commentary With the Israel-Hamas situation somewhat loosely contained to the Gaza Strip for now, notwithstanding Houthi drones and ...
February 22, 2024
BY
Ivan Martchev
Bull Markets Climb a Wall of Worry
Bull markets naturally climb a “wall of worry,” and the latest worries center around escalating wars, the presidential ...
February 15, 2024
BY
Louis Navellier
Earnings Season Continues to Outpace Analyst Estimates
67% of S&P 500 companies have reported their fourth-quarter earnings so far, with 75% reporting positive earnings surprises ...
February 14, 2024
BY
Louis Navellier
More Restaurants Could Be Exempt From $20 Hourly Minimum Wage Law
A new bill would exempt fast food restaurants that operate in airports, hotels, museums, theme parks, and others.
February 13, 2024
BY
Travis Gillmore
The Latest Economic Data May Postpone Rate Cut Expectations
Commentary As the Federal Open Market Committee (FOMC) met last week for the first time in 2024, they ...
February 8, 2024
BY
Louis Navellier
Earnings Season Peaks with Some Stunning Results
Commentary Last week marked the peak week for fourth-quarter earnings announcements, and the news on some of our ...
February 7, 2024
BY
Louis Navellier
US Buys More From Mexico Than China for 1st Time in 2 Decades
In addition, December imports from South Korea reach record high topping $116 billion.
February 7, 2024
BY
Andrew Moran
Stocks Slump as Fed’s Powell Dismisses Swift Rate Cuts
Powell and his colleagues will not be persuaded by political pressure in an election year.
February 5, 2024
BY
Andrew Moran
2024 Should Be a Positive Market Year
Commentary At the World Economic Forum in Davos, Switzerland, many European leaders exhibited their "Trump derangement syndrome" (TDS), ...
January 31, 2024
BY
Louis Navellier
Consumer, Government Spending Lead to Better-Than-Expected 4th Quarter GDP
Government and consumer spending accounted for much of the US economic growth.
January 25, 2024
BY
Andrew Moran
US Savings Rate Plummets as Consumer Debt Surges, Retail Sales Pop
Net saving as a percentage of gross national income has been in negative territory for three consecutive quarters.
January 19, 2024
BY
Andrew Moran
Economic Results of California Banning Gas Vehicles
As a result of California Governor Gavin Newsom's executive order, gas-powered vehicles will be banned by 2035. This ...
January 18, 2024
BY
Anne Johnson
Buckle Up for a Bumpy 2024, Economists Say
Inflation, interest rates, tight housing supply, and an election year: Analysts are divided on which direction the economy ...
January 7, 2024
BY
Emel Akan
TOP NEWS
Tesla’s Autopilot Results in Hundreds of Crashes, Multiple Fatalities, Federal Authorities Say
NEW
By
Jacob Burg
Beyond Lead: A Pediatrician’s Concerns With ‘Lunchables’ and School Lunch Standards
NEW
By
Joel Warsh
Police, Universities Clear Encampments and Make Arrests of Pro-Palestinian Protesters on Campuses
NEW
By
Kos Temenes
Trump Endorses Trent Staggs to Replace Mitt Romney in Senate
2hr
By
Naveen Athrappully
Rosacea: 9 Main Causes, 4 Natural Treatment Modalities
5hr
By
Terri Ward
Drag Queen Leads Children in ‘Free Palestine’ Chant at Queer Storytime for Palestine
7hr
By
Alice Giordano
Georgia Democrat Makes Abortion Key Issue in Election Bid for State Supreme Court
11hr
By
T.J. Muscaro
‘I’m Not Done’: Arizona Lawmaker Commits to Combating Forced Organ Harvesting After Bill Veto
15hr
By
Eva Fu
Justice Kavanaugh Warns of Vicious Cycle of Malicious Prosecutions That Could End Presidency
15hr
By
Tom Ozimek
Los Angeles’s Transit System Declares Public Safety Emergency Amid Escalating Violence
17hr
By
Beige Luciano-Adams