Economy
May, 2026
Can someone explain why despite most metrics showing all is well, the economy FEELS horrible?
The Shell oil company reported $6.9 billion in profits during the first quarter, exceeding shareholder expectations.
Dollar drain on the economy due to increasing price of fuel? Should we have a windfall tax on corporate fuel profits?
Health care saw the largest job gains with 37,000 jobs added to the economy, followed by transportation and warehousing adding 30,000 jobs.
Meanwhile, industries like the federal government, finance, and information saw the biggest job losses.