“You have power over your mind – not outside events. Realize this, and you will find strength.” ― Marcus Aurelius Jobs Update The number of Americans applying for unemployment benefits tumbled last week to 576,000, a post-COVID-19 low and a sign that layoffs are easing as the economy recovers from the pandemic recession.  The Labor […]

Looking at the broader U.S. economy, the leading indicators continue (see PFL economic indicators below) to improve as vaccine distribution has accelerated and more re-opening has occurred or is incurring.

Many likely did not even know this, but the City of New York was suing five major oil companies (BP plc, Chevron, Conoco Phillips, Exxon Mobil and Royal Dutch Shell) for damages due to global warming

The threat is not limited to Ohio or its refineries; it extends to workers, consumers and industries throughout Michigan, Ohio, Indiana and the surrounding region and could result in additional layoffs and other economic harm

A group of twenty one states is suing the Biden administration for its cancelation of the Keystone XL pipeline

“It always seems impossible until it is done” – Nelson Mandela COVID-19 The United States currently has 30,081,657 confirmed COVID 19 cases and 547,234 confirmed deaths. US Jobless Claims In the week ending March 6th,  initial claims were 712,000, a decrease of 42,000 from the previous week’s revised level. The previous week’s level was revised […]

“I can’t change the direction of the wind, but I can adjust my sails to always reach my destination”. – Jimmy Dean COVID-19 The United States currently has 29,696,250 confirmed COVID 19 cases and 537,838 confirmed deaths. US Jobless Claims In the week ending February 27, the advance figure for seasonally adjusted initial claims was […]

“The secret of getting ahead is getting started.” – Mark Twain COVID-19 Folks, welcome to the month of March 2021 – spring break is right around the corner and April showers are in 31 days – hang in there winter is almost over and so is COVID-19 apparently – is heard immunity right amount the […]

“Being on par in terms of price and quality only gets you into the game. Service wins the game.” Tony Alessandra.    COVID-19 The United States currently has 28,765,423 confirmed COVID 19 cases and 511,133 confirmed deaths. US Jobless Claims The Department of Labor released its weekly report on new jobless claims Thursday morning of last […]

Optimism for a recovery in oil demand as COVID-19 vaccines are rolled out while producers rein in supply has pushed the market structure for Brent and U.S. crude