Bidenflation: Huge Bonuses Send Wall Street Pay Soaring with Biggest Payouts in a Decade
Wall Street firms are paying huge bonuses as the economy emerges from the pandemic, with compensation packages growing to levels not seen in a decade.
Wall Street firms are paying huge bonuses as the economy emerges from the pandemic, with compensation packages growing to levels not seen in a decade.
Michigan’s Unemployment Insurance Agency shelled out up to $8.5 billion in fraudulent unemployment claims during the pandemic, per a report.
Americans’ confidence in the economy is the “worst since the Great Recession,” according to a Gallup poll released on Wednesday.
President Joe Biden’s Department of Homeland Security (DHS) has stopped fining illegal aliens who refused to depart the United States, an announcement by the agency states.
The votes of the nation’s 30 million small business owners and many of the 60 million who work for them will go to the presidential candidate who can get the economy back on its feet as fast as possible.
Joe Biden, the Democratic presidential nominee, worked to forge a “grand bargain” with congressional Republicans on deficit reduction during the Obama years. As part of the effort, the former vice president openly advocated for putting entitlements programs, including Social Security, on the negotiating table.
By maintaining expanded unemployment benefits through 2013, the Obama administration delayed the national economic recovery from the Great Recession in 2009. A National Bureau of Economic Research study concludes that 1.8 million additional jobs were created in 2014 once the benefit was finally cut.
AAA Mid-Atlantic is not issuing a travel advisory for Memorial Day weekend for the first time in 20 years but predicts record-low numbers.
Elaine Parker of Job Creators Network writes in the Orange County Register that economic prosperity has become the new normal for the country, in sharp contrast to just a few years ago.
Working-class Americans who have been betrayed by globalization of the United States’ economy are turning to President Trump’s economic nationalist Republican Party for support.
More than 5.9 million individuals dropped off food stamps since President Donald Trump assumed office in February 2017, according to the latest data released by the U.S. Department of Agriculture (USDA).
The income growth in a number of states that once lagged following the Great Recession are now enjoying soaring levels of personal income among residents thanks to President Trump’s economy.
Arthur Laffer praised Donald Trump’s economic policies while warning of Bernie Sanders’ socialistic prescriptions for centralization.
Working class American men have struggled to increase their labor participation rate to workforce levels before the Great Recession of 2007, new data finds.
Economist Alan Tonelson says the political and economic establishment that oversaw the Great Recession is “fueling populism” by being “completely unapologetic” about the failures of their globalist ideology.
A majority of Americans are feeling more positive about their financial circumstances than they have in 16 years, a Gallup poll shows.
Alfredo Ortiz of Job Creators Network writes in The Hill, calling upon President Trump to use the State of the Union Address as an opportunity to tout the current robust economy and urge more of the same policies be pursued.
Stocks may well rebound in the new year. But for now, Jerome Powell has put a giant lump of coal in America’s Christmas stocking.
Wealthy cities and elite zip codes thrived under the slow-moving economic recovery of President Obama while rural American communities were left behind, a study reveals.
Gary Cohn says Facebook poses a larger threat to Americans than financial institutions before the Great Recession.
The successful confirmation of President Donald Trump’s cabinet nominees continued when senators voted 53-to-47 to confirm Steven Mnuchin as Treasury Secretary Monday.
Texas leads the nation with the most economically-recovered cities since the Great Recession, says a new study by WalletHub.
Gov. Jerry Brown warned this week that despite record economic growth, California’s $122.8 billion budget will suffer its first deficit since 2012 due to spending growing twice as fast as the economy.
On Friday’s broadcast of PBS’ “Washington Week,” New York Times National Correspondent Jackie Calmes argued that while after the Great Recession, “a lot of the good jobs” didn’t return, and were replaced with jobs that had lower pay, “even as there’s been
During the third presidential debate, Hillary Clinton claimed that “most of the gains in the last years since the Great Recession have gone to the very top.”
During the second presidential debate, Donald Trump said America is currently experiencing the “slowest economic growth since 1929.”
A new survey by Ernst & Young and Economic Innovation Group found that “millennials” — those born in the 1980s or later — are a deeply pessimistic generation that is willing to work hard, but is “convinced the economy is failing them,” and is “very uncertain” about the future.
During Tuesday night’s vice presidential debate, Indiana Governor Mike Pence said: “We’re in the slowest economic recovery since the Great Depression.”
A new study suggests that the student debt crisis was caused by college administrative costs growing twice as fast as other college expenses.
The phenomenon of more older Americans working bucks overall employment trends — even as the percent of the population with a job has declined the share of employed older Americans has steadily increased. Overall the percentage of adults with a job — 59.9 percent — has failed to recover to pre- Great Recession levels, meanwhile the share of older Americans with a job has soared.
Although California’s unemployment rate dipped in May to its lowest level in 9 years, at 5.2 percent, the reason for the latest decline is a shrinking labor force.
Democratic presidential candidate former Secretary of State Hillary Clinton declared, “the race for the Democratic nomination is in the home stretch, and victory is in sight” before stating that “a lot of Americans haven’t yet recovered” from the Great Recession
MANCHESTER, New Hampshire — Billionaire and national 2016 GOP presidential frontrunner Donald Trump pushed back on the notion put forth by President Barack Obama that America is doing well economically. In an exclusive interview with Breitbart News on Friday, Trump laid out how he believes the United States is currently in another recession—something that proves President Obama’s economic policies have failed, as have those of his GOP enablers in Congress.
Only four counties out of California’s 58 have fully recovered from the Great Recession, in the sixth year after the official economic recovery began.
With Oscar prospects plummeting for the anti-Wall Street film The Big Short, Brad Pitt is rallying Tinseltown progressives to pump up the buzz for his two-hour morality lecture.
A drawn out Great Recession in the U.S. over the course of Barack Obama’s Presidency is prompting businesses to outsource operations to Mexico and contributes more to Mexicans leaving America than arriving, according to a new Pew Research study. If Pew estimates are accurate,
The Pew Research Center has discovered that young woman are living at home, or are living with a relative, at rate last seen during the 1940s.
On Friday, the United States Bureau of Economic Analysis released its revised economic report for the first quarter of 2015 – and in a “surprising” and “unexpected” twist (surprising and unexpected only because Barack Obama is president and the media are constantly surprised that the Sun God cannot rain gold from the heavens), the GDP dropped -0.7%.