ECONOMICS

Around two-thirds of small business owners say that current economic conditions under President Joe Biden could force them to  close their doors, according to a new poll  from the Job Creators Network Foundation (JCNF) reported by the Daily (more…)

Authored by Mike Maharrey via Money Metals,

When the Federal Reserve started raising rates, it precipitated a financial crisis. The central bank managed to paper over the problem with a bailout program, but the crisis continues to bubble and percolate under the surface.

According to the latest data from the FDIC, the U.S. banking system is sitting on $517 billion in unrealized losses due to deteriorating bond portfolios.

Unrealized losses triggered the collapse of Silicon (more…)

Distinct variations in regional economic growth were evident throughout America in 2023, driven by differences in industry composition and population dynamics.

This graphic, via Visual Capitalist's Dorothy Neufeld, shows real GDP growth across U.S. regions in 2023, based on data from the Bureau of Economic Analysis.

Which Regions Grew the Fastest in 2023?

Below, we show the U.S. regions with the highest real GDP growth last year:

Outpacing all other regions (more…)