by Andrew Moran | Dec 18, 2022 | Articles, Economic Affairs News, Opinion
President Joe Biden plans to add three million barrels to the Strategic Petroleum Reserve (SPR) after wiping out more than 40% of the nation’s emergency oil supplies. As a result, the country’s stocks now stand at their lowest levels since January 1984, totaling a...
by Andrew Moran | Sep 4, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
President Joe Biden has presided over an economy that has returned all jobs lost during the coronavirus pandemic. The headline readings have been excellent throughout his first term in the White House. But who knew that the number of employment gains would exceed the...
by Andrew Moran | Aug 5, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
The US economy has officially recovered all the jobs lost during the coronavirus pandemic. The July jobs report was shocking, surprising, and sizzling, defying all the economists’ expectations. Undoubtedly, the administration will take a victory lap and all the credit...
by Andrew Moran | Jul 25, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
The consensus on Wall Street is that a US recession is all but inevitable at this point. The debate among the smartest men and women is when and how severe. Aside from the sizzling labor market, which is showing signs of cooling down, the broader economy is turning...
by Andrew Moran | Jul 10, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
Sri Lanka’s economy collapses and President Gotabaya Rajapaksa announces that he will be stepping down after thousands of protesters stormed his official residence. Parliament Speaker Mahinda Yapa Abeywardena confirmed in a televised announcement that the president...