Harvard Economist Warns of ‘Resurgence of Inflation’

Grocery shopping

Federal pricing data released this week for consumer and producer prices shows that inflation rose last month.

Harvard professor and former economic advisor to President Barack Obama Jason Furman said the consumer data could show a “resurgence of inflation” not to the ultra high levels in recent years but to more recent elevated data.

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Investment Advisors Warn Top Corporations Diversity Initiatives Are ‘Now a Liability’ Under Trump Admin

Dozens of investment advisors warned America’s biggest corporations Friday that their diversity programs will be a liability under the incoming Trump administration.

Americans “overwhelmingly rejected the ideological takeover of political and civic life by narrow-minded identity politics” in the Nov. 5 election, a coalition of 38 financial officers wrote in letters warning companies that the new administration will “hasten the demise of DEI.”

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Commentary: Trump’s Win Is a Victory for American Prosperity and Practical Energy Solutions

Oil Rig

Donald Trump’s win is a big victory for the American energy industry and for all Americans. The climate crazed don’t want to recognize the fact that more than 80% of the world’s energy comes from fossil fuels – coal, oil, and natural gas. They don’t want to admit that the use of all three are at record highs and are continuing to grow. Or that a thriving economy needs reliable, affordable, and abundant energy. Because the cost of energy is built into everything that we do, consume or use, even watching Netflix.

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Shoe Giant ‘Steve Madden’ Speeds Up Shifting Production Exit from China Following Trump Victory

Steve Madden

by Ireland Owens   Steven Madden said Thursday that it is accelerating plans to shift production out of China in anticipation of President-elect Donald Trump introducing increased tariffs on imported goods when he returns to office, according to Bloomberg. The New York-based retailer said in a company earnings call Thursday…

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Tech Leaders of Amazon, Apple, Meta, Google Say They Look Forward to Working with Trump

Tim Cook, Jeff Bezos, Andy Jassy

Jeff Bezos, founder and chairman of Amazon, congratulated President-elect Donald Trump on Wednesday for an “extraordinary political comeback and decisive victory” after he defeated Vice President Kamala Harris.

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‘Inspiring and Eye-Opening’: Gen Z’s Interest in Skilled Trades Rises

Blue Collar

Social media’s influence is causing Gen Z’s interest in skilled trades to rise, according to a report by Thumbtack – something a trade organization co-director said is “inspiring and eye-opening.”

“55% of Gen Zers are considering a skilled trade career (up 12% from last year) – including 72% of those with a college degree,” Thumbtack’s report stated.

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Private Sector Jobs Vanish into Thin Air While Feds Add Even More Workers to Payroll

Empty Office

The private sector hemorrhaged jobs in October while the federal government expanded its workforce to even bigger levels, according to data from the Bureau of Labor Statistics (BLS) released Friday.

The U.S. economy lost 28,000 private sector jobs while the federal government added 40,000, BLS data shows. The private sector job losses come amid a disappointing jobs report overall, with the country adding just 12,000 nonfarm payroll jobs — well below the 110,o00 economists expected.

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