Economists surveyed by the Wall Street Journal predict there is a 60 percent chance of a recession happening in the next four years, the Journal reported.
Unprecedented. Incredible. Never seen anything like it.
These words have been uttered often about the 2016 presidential campaign. Donald Trump, it is said, is a unique figure. He’s leading a populist movement unlike any America has experienced. His scorched earth, apocalyptic campaign is one of a kind.
Hillary Clinton’s tax proposals would increase taxes by $1.4 trillion over the next decade and would reduce the growth of the economy by 2.6 percent, according to an analysis from the Tax Foundation.
There were 94,184,000 Americans not participating in the labor force in September, a decline of 201,000 people from the previous month, according to data released by the Bureau of Labor Statistics on Friday.
The number of foreign-born workers employed in the United States hit a record high in September, according to data from the Bureau of Labor Statistics (BLS).
The International Monetary Fund downgraded the economic growth outlook for the United States to 1.6 percent in 2016, which is the largest one-year drop seen for an advanced economy, according to the Fund’s World Economic Outlook report.
The U.S. economy grew in the second quarter of 2015 as real gross domestic product (GDP) increased at an annual rate of 1.4 percent, according to the Bureau of Economic Analysis data released Thursday.
Construction worker Pedro Pirela and his neighbors heard a water truck that supplies nearby hotels coming down the road. They rushed to block the street, stopped the driver, and siphoned off the prized liquid. “Water is gold now,” Pirela told the Wall Street Journal earlier this year, saying he and his fellow plotters had no choice but to steal. In fact, Pirela admitted he had ambushed another water truck on a separate occasion. Venezuela’s nationwide water shortage has devastated the country to the point that citizens have had to mimic Pirela’s actions just to stave off dehydration.