Economy

Anarchy Breaks Out in New York City

The hours before the 11 p.m. curfew in New York City were characterized by chaos and crime.

U.S. savings rate hits record 33% as coronavirus causes Americans to stockpile cash, curb spending

The personal savings rate hit a historic 33% in April, the U.S. Bureau of Economic Analysis said Friday.

Over 2.1M Americans filed for unemployment last week, pushing total job losses to 40M from coronavirus lockdown

Economists surveyed by Refinitiv expected 2.1 million Americans filed for first-time jobless benefits last week.

Stocks turn slightly higher early Thursday after weekly jobless claims, final earnings reports, and rising China tensions

U.S. stocks were lower midday Thursday as investors digested a fresh round of corporate results and economic data, including a report that sh

Trump announces $19B to farmers, ranchers to 'maintain the health' of the food supply chain amid coronavirus

President Trump announced a $19 billion coronavirus food assistance program to support farmers and ranchers.

Fed Chair Warns Economy May Not Fully Rebound Until End of 2021, Could Require a Vaccine

Federal Reserve chairman Jerome Powell warned in an interview released on Sunday that a full economic rebound following the coronavirus pande

Where Does the Money Go? Where Should It?

The Cuomo–Scott cage match replicates the American debate in miniature.

America's debt threatens our national security

As the coronavirus and the ensuing lockdown hits the American economy, Congress has passed over $2.7 trillion in the stimulus.

Retail sales dropped more than 16 percent in April as coronavirus seized economy

U.S. retail sales plunged more than 16 percent in April as COVID-19 and the measures to contain it closed thousands of stores across the coun

What The Coronacrisis Tells Us About Marriage

As the economy continues to reel and some industries may take time to come back, now is not the time to think small

White House economic adviser says unemployment rate could rise to 20% in May

Top Trump economic adviser Kevin Hassett estimates that next month's unemployment rate could go even higher, possibly hitting "around 20%."

Texas salon owner gets 7 days in jail for reopening

A Dallas County judge offered Shelley Luther, the owner of Salon a la Mode, a deal — apologize for being selfish for having her salon open wh

Minnesota has more COVID-19 deaths than non-lockdown neighbors, more unemployment than New York

Imagine taking a non-hot spot for coronavirus, locking down the people, achieving a worse outcome than surrounding states that didn’t lock do

Horowitz: Where is the authority of a governor to suspend all civil rights indefinitely?

The Constitution, Bill of Rights, and various state declarations of rights don’t change.

Horowitz: Liberal governors publish plan to reopen society … never

The plan to reopen our lives and economy posted earlier this week by a group of liberal governors creates enough unrealistic benchmarks that

Compared To FDR, President Trump Is A Crisis-Time Civil Liberties Champion

Has President Donald Trump, by encouraging governors to close much of the American economy, gone too far? Is the Constitution in jeopardy?

Anti-Lockdown Protests Spread Across America

Spurred by growing lockdown fatigue, more Americans took to the streets over the weekend as leaders try to ride the line between protecting p

Democrats block critical coronavirus relief bill as markets plummet

McConnell blasted the move as 'utterly absurd'