- Adjusting for the people that have dropped out of the labor force, by choice or obligation, the unemployment rate is around 9.5%,” estimated lead U.S. economist Lydia Boussour of Oxford Economics.
- Consumer credit in the United States increased by $9.73 billion in December of 2020 after rising by a downwardly revised $13.93 billion in the previous month,
- Bloomberg: By the end of last year, more than 30% of U.S. homeowners were considered equity-rich -- meaning their property was worth twice as much as the underlying mortgage, a report showed.
- Exxon Mobil posted its first annual loss in at least 40 years.
- South Korea returned to
first place in the latest Bloomberg Innovation Index, while the U.S. dropped
out of a top 10 that features a cluster of European countries
- Guardian: The Texas Republican party has endorsed legislation that would allow state residents to vote whether to secede from the United States.
President Biden is supposedly on pace to save the U.S. $124m this year by just not golfing.