The U.S. economy is driven by an outsized portion of consumer consumption — 70% to be exact. So even the smallest drop in the nation’s consumers purchasing goods and services is quickly noticeable. Monitoring consumer spending is by far the most accurate way to determine the economy’s performance. Spending was on a tear in 2022, consumers went...
The North Carolina Senate passed a bill Tuesday evening establishing rights for parents with school-aged children. The Parents' Bill of Rights passed 29 to 18 and went to the House Tuesday. If the House passes it as well, it would go to Governor Cooper, who will likely veto it.
In Tuesday night’s State of The Union speech, President Joe Biden focused his comments on a theme to “finish the job,” proposing new taxpayer-paid benefits, focusing on the more than 20,000 projects related to the infrastructure bill, and highlighting climate policy in the Inflation Reduction Act.
Should businesses weigh in on political controversies? According to a recent Gallup poll, the general public is closely divided on the question, 48% in favor and 52% opposed. Not surprisingly, young people are friendlier to the idea — but even their preferences are more nuanced than a single yes-or-no question can convey. That’s one of...