Median income increased in 2018, but most of the gains came at the very top.
Category - Economy
The Super Rich Are Preparing for Recession
"In general, we think we have reached our peak."
The Job Market is Buckling Under Trump’s Trade War
Temporary hires by the federal government mask how bad the latest report is.
Manufacturing Moves Closer to Recession
The drop was largely driven by a contraction in exports.
Economic Growth Has Been Revised Downward. Again.
Consumer spending is the only thing keeping the economy afloat.
American Manufacturing May Be In Recession Now
Manufacturing may be in recession for the first time since 2009. Exports have also dropped.
The Economy Has Added Half a Million Fewer Jobs Than We Thought
It's the biggest revision of economic data since the Great Recession.
The Trump Regime Privately Warns The Donor Class About a Recession
Don't worry, rich people, the Trumps have a plan to cut your taxes again.
U.S. Manufacturing is Headed Toward Recession
“Manufacturing is in recession, but not in meltdown"
Ford, General Motors Begin Recession Planning
GM is even considering --gasp!-- selling affordable cars.
Economic Growth to Be Revised Downward
Business inventories did not increase as much as the Commerce Department assumed.
“I see no signs”
Everything is fine, says Trump's top economic adviser Mr. Magoo.
Business Investment is Now Negative
Consumer spending is rising, but business investment turned negative during the second quarter.
Chinese Investment in America Falls Off a Cliff
Between Obama's last year and Trump's second, investment dropped by almost 90 percent.
Manufacturing Falls to a Three-Year Low
Trump's previous tariffs will remain in place for the foreseeable future.
Wilbur Ross, Who is Always Wrong, Says The Fed Was Wrong
Trump's commerce secretary plays side-seat driver with the Federal Reserve.
The Market is Incoherent
Bad news for average people was good news for stocks today.
Net Job Growth Flatlined in May
And the worst of Trump's trade war could be yet to come.
Report: Job Growth Plummets to 9-Year Low
Small businesses cut 52,000 jobs in May.
Trump Might Get His Interest Rate Cut
Because his trade war will necessitate it.