San Diego, which refers to itself as “America’s Finest City,” seems to have the hottest economy in the Western United States. After years of financial and political turmoil that almost resulted in the eighth-largest U.S. city filing for bankruptcy, the San Diego local economy is off to a roaring start in 2015.
Austin, Texas was the fastest growing large city in the United States during the post-recession era of 2010 to 2013, according to a recent report by the Census Bureau.
The Census report examined the twenty five largest cities in the U.S., and Austin’s growth during this period — 12 percent — outpaced the rest of the country.
With the West Coast ports labor dispute involving 13,600 unionized dockworkers inflicting pain on 318 million Americans by causing billions of dollars a day in losses to the U.S. economy settling yesterday, now 30,000 unionized refinery workers across America intend to play the same leverage game by cutting off two-thirds of all U.S. diesel and gasoline supplies.
Informed foreign policy and economic experts rightly fear one gathering threat today even more than genocidal attacks by the purported Islamic State and its shadowy network of affiliates: the possibility that Russia, an ever expanding power, could one day provide military and diplomatic cover to Iran as that nation contrives to topple the monarchy in Saudi Arabia, and subsequently extends control by force over other energy-rich Arab kingdoms, including United Arab Emirates, Qatar, Kuwait, and Bahrain.
Jeb Bush is making a stand for poor people across the country, highlighting the end result of the “Food Stamp President” Barack Obama’s failed economic policy that has increase the number of American taking government assistance. Bush told the Detroit
Germany is getting hit with the nasty combination of deflation and higher energy costs as it follows California’s lead in shifting to renewable energy. Although other factors may be contributing to its economic decline, Germany’s transition from coal and nuclear energy to wind and solar renewable energy sources is forcing industries and consumers to pay substantially higher prices.
The much touted “unemployment rate” is a false measure of prosperity. Especially since those on the left seem to be targeting, rather than building up, the Middle Class.
The Senate Health, Labor, Education and Pensions Committee will hear from two owners of small businesses, who will discuss a recent ruling by the NLRB’s general counsel that could potentially block entrepreneurs from opening their own businesses.
US News and World Report Chairman and Editor-in-Chief and publisher of the New York Daily News, Mort Zuckerman argued that President Obama’s economic plan “doesn’t address what is happening in this country” on Friday’s “McLaughlin Group.” While Zuckerman said that
President Barack Obama touted “middle-class economics,” which he defined as “the idea that this country does best when everyone gets their fair shot, everyone does their fair share, and everyone plays by the same set of rules” during his Weekly
One of the most basic laws of economics is that if you tax something, you get less of it. So why is business-loving Texas one of the few states that imposes a damaging tax on business revenue?
Tha annual State of the Union address is the quintessential Beltway performance, a weird little surrealist play in which every scripted line, ad-lib, invited guest, and round of applause is calculated to send messages, settle scores, goose poll numbers, and above all help the Ruling Class feel important.
Congressman Emanuel Cleaver (D-MO) said that the Republican Party needs to “repent” for its criticisms of President Obama on Tuesday’s “PoliticsNation” on MSNBC. “My hope is that they [Republicans] will come out tomorrow and repent…they can’t help themselves. They need
A new study by a group of economics researchers suggests that the top one percent of the U.S. now hold as much wealth as the bottom 90 percent, a lopsided split that is approaching levels not seen since early last century.
Health, immigration and the economy far outstrip other issues in terms of importance to voters, a new poll by YouGov for the Times Red Box has found. However, the pollsters yesterday discovered that issues come second in voters’ minds to
In the build up to President Obama’s State of the Union address, the White House has floated plans to raise hundreds of billions in new taxes. The plans have almost no chance of passing Congress but are designed to frame the upcoming debates and alter the landscape for the presidential election in 2016.
AUSTIN, Texas — In a joint session of the Texas Legislature Thursday afternoon, Texas Governor Rick Perry delivered what was not only his final official speech as Governor, but laid out the blueprint for his expected presidential campaign. As predicted, Perry prominently featured
Sen. Jeff Sessions (R-AL) is explaining what he thinks the Republican Party position on immigration should be in a 25-page document delivered to all Republican members of Congress and all their key staffers on Capitol Hill. “‘Immigration reform’ may be the single most abused phrase in the English language. It has become a legislative honorific almost exclusively reserved for proposals which benefit everyone but actual American citizens,” Sessions writes in the introduction.
As the President’s State of the Union speech nears, he is launching trial balloons right and left–mostly left–to see what might prove a hit for his annual night of big policy initiatives. Some of the proposals on deck are cyber security and Internet proposals, two years of “free” community college, and changes in the way people qualify for homeownership.
President Obama touted his successes in economic growth, increasing the number of insured under the Affordable Care Act, and cutting the deficit during his weekly address on Saturday. Transcript as Follows: “Hi, everybody. About a year ago, I promised that
After six years of Obamanomics, Federal Reserve Chair Janet Yellen is still citing “stagnant wage growth as a sign of continued problems in the labor market,” and the immediate future isn’t looking much better.
A record 92,898,000 Americans 16 years and older did not participate in the labor force last month, according to data released by the Bureau of Labor Statistics. While the level of labor force participation declined — due not only to potentially discouraged workers but also baby boomers hitting retirement age — the BLS reported Friday that in December the unemployment rate declined to 5.6 percent and payroll jobs increased by 252,000.
A study finds that 3 in 5 Americans are living so close to the vest that they don’t have enough money put aside for emergency spending.
People in Japan are so averse to romantic relationships that the country’s media even has a name for it: sekkusu shinai shokogun, or “celibacy syndrome,” according to a widely circulated Guardian story on the country’s low rates of marriage, childbearing and even sex.
As a general rule, conservatively-run states have a far lower cost of living than do liberal states and this lower cost of living greatly benefits the people who pay rent, buy food, and contract for service — a fact that is frequently glossed over by partisans who favor larger government as well as many analysts.
King Midas lusted after it. The Incas worshipped it. Shiny flakes of it set off a 19th-century rush to California and ship captains never stop looking for it at the bottom of the sea. While gold has ignited passions for centuries, for today’s investors, it seems, the metal has been losing its allure.
On Friday’s “McLaughlin Group,” Mort Zuckerman predicted economic growth between 2-2.5% for the next several years, which he dubbed “a very weak recovery.” “The economy is going to grow at somewhere between 2 and 2.5% for the next several years.
The recent plunge in gas prices has been welcome relief for many, but today’s price at the pump still isn’t what it used to be in nominal and inflation-adjusted real terms, reports the Wall Street Journal.
On Thursday’s broadcast of NBC’s “Today,” CNBC “Mad Money” host Jim Cramer forecasted 2015 to be an improvement for the American economy, with the possibility of pitfalls abroad being the only thing to interfere. “This is a year where the
The Hong Kong protests ended in mid-December, but the protestors vowed that they would be back. The protests in Hong Kong in 2014 were in reaction to China’s move to reign in on democracy in the region by mandating that candidates for future elections of the Chief Executive (Hong Kong’s Top Leader) be vetted first by China.
(Reuters) With concerns over the Euro Zone economy shifting from peripheral to core member states in 2014, can the ECB rescue prospects for a better 2015 with a hotly-awaited programme of QE? David Pollard reports. Follow Breitbart London on Twitter
Anyone old enough to recall the Bush presidency might remember that the media used to be very, very concerned about “burger-flipper jobs,” median wages, and career quality. Bush’s fantastic unemployment rates were supposed to be marred with a big fat asterisk because too much job growth was occurring in low-wage, dead-end service industry jobs.
On Monday’s broadcast of Bloomberg Television’s “With All Due Respect,” Bloomberg Washington correspondent Josh Green discussed the politics of an improving economy with co-host John Heilemann. According to Green, the direction of the economy will not only have an impact on President
The news that U.S. GDP expanded at 5% is welcome indeed—and confirms the bullish outlook that many of us at Breitbart News have shared for the past several years. At the same time, the economy remains tough in many respects.
On Tuesday, the Commerce Department released revised GDP figures that showed third quarter growth at 5%, the strongest third-quarter growth in eleven years.
Former Russian finance minister Alexei Kudrin said on Monday that the Russian economy has entered a vicious downward spiral as Russia’s energy-centric economy continues to suffer from falling oil prices, Western economic sanctions, and a severely weakened ruble. “Today, I
AUSTIN, Texas — During its last session nearly two years ago, the Texas Legislature passed groundbreaking reforms to allow the state’s craft breweries greater freedom to operate. But thanks to a little-noticed provision slipped into the bill, that freedom may
The U.S. economy can handle higher interest rates, and the Federal Reserve’s policymaking committee has signaled such a move is likely by summer. The Fed has kept short term borrowing rates near zero since December 2008 to support recovery from
