Economy

Photo of a 3D printer creating a plastic hand

How Do 3D Printers Work? Here’s the Answer.

The U.S. is in multiple international trade wars. After President Trump ordered higher taxes on some Chinese imports, the Chinese retaliated. The trade dispute now involves as much as $200 billion worth of Chinese-made goods. Trump has also targeted the Europe...
Photo of man paying bills via computer on payday

Why Your Paycheck Isn’t Keeping Pace With Inflation

The Republican Party trumpeted the $1,000 bonuses that some of America's largest companies said they were giving rank-and-file employees following the passage of the GOP tax cuts. The party's public relations effort made for good headlines. But the reality ...
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Record Low US Birth Rate Is Ticking ‘Time Bomb’

Perhaps you've heard that Americans aren't having as many babies as they did in the past. In fact, the U.S. birth rate dropped to an all-time low in 2017. American women gave birth to 3.85 million infants in...
Photo of a Chinese investor monitoring stock prices

Smart Money Is Pulling Out of Stock Market

Cash exited U.S. equity funds in June in the largest amount since the peak of the 2008 global financial crisis, according to Lipper data. Reuters reported July 5 the following: "U.S.-based stock mutual fu...

Tax Cuts Deliver Huge Win for Corporate Sector

Following the rollout of the much-touted Republican Tax Cuts and Jobs Act, passed in December 2017, most of us have wondered how the new policy is affecting various sectors of the economy. Drew Phelps News Analysis It’s still early, but th...