Americans’ trust in the economy has taken a real beating. We’re talking negative 30 in November—the lowest level recorded since July 2024, based on the latest Gallup poll. And honestly? If your gut’s been telling you something’s off with the financial picture, the data’s backing you up. Economic confidence is sliding, plain and simple. The … Read more
Americans filing for unemployment benefits dropped unexpectedly to 191,000 last week, marking the lowest level since September 2022 and easing concerns about labor market deterioration despite recent reports showing job losses in November. The Labor Department reported Thursday that initial claims for state unemployment benefits fell 27,000 to a seasonally adjusted 191,000 for the week … Read more
Job growth picked up speed in September, but something strange happened at the same time. The unemployment rate hit 4.4%—a four-year high that caught many off guard. The Labor Department dropped these numbers Thursday, showing the U.S. economy added 119,000 jobs while more Americans found themselves searching for work. The August figures got worse too, … Read more
Stubborn inflation continues to make the cost of living unbearable for many Americans, forcing millions into longer-term debt just to afford basic purchases. From 50-year mortgages to seven-year car loans, inventive solutions have emerged with a common theme: putting consumers deeper in debt while delaying true ownership indefinitely. These financial products promise relief but deliver … Read more
Wall Street looked poised for a higher open on Wednesday morning as Nvidia inched closer to a $5 trillion valuation—a milestone that seemed impossible just months ago. Investors awaited an expected Federal Reserve rate cut and a wave of Big Tech results that could either justify sky-high valuations or send traders scrambling. Shares of Nvidia … Read more
The Dow fell 410 points on Thursday as Wall Street wrestled with mounting jitters about credit market turmoil and regional banks’ dangerous exposures to bad loans. The broader S&P 500 dropped 0.9% while the tech-heavy Nasdaq Composite moved 0.8% lower, signaling that investors are growing increasingly worried about the health of the banking industry. US … Read more
Support for capitalism has plummeted to its lowest level in 15 years, with just 54% of Americans now viewing the economic system positively, according to a new Gallup poll released Monday. The survey results reveal a significant shift in American attitudes, marking a troubling decline for capitalism’s public image. This represents a 6-point drop from … Read more
Manufacturing job loss has accelerated under the Trump administration, with America’s industry shedding 12,000 jobs in August 2025 despite policies aimed at boosting domestic production. The sector has slid to 12.7 million workers, representing just 8% of total nonfarm employment and marking the continuation of a downward trend that began in early 2023. The Bureau … Read more
