Economy - Page 2

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Consumer Confidence Continues Its Post-Election Surge in December

The Conference Board has released its consumer confidence index for December. The index rose to 113.7 from 109.4 in November. Bloomberg had a consensus estimate of 108.5, versus 107.1 in ...
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pocket money

31 States That Won’t Raise Minimum Wage Next Year

Based on 24/7 Wall St. coverage, 19 states will raise their minimum wages in 2017, so 31 won't. These are the states which won't make the move Alabama Delaware Georgia ...
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Jon's friends

Is It Worth $60,000 to You to Delay Retirement?

When the new Trump administration and all-Republican Congress takes office next month, one issue that appears to be high on the agenda is making changes to the two bedrock social ...
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plastic trash

10,000 Tons of Plastic Dumped Into Great Lakes Each Year

Add to the tons of fertilizer dumped into the west end of Lake Erie, which has caused a dead zone for fish and other aquatic life, and the unmeasurable loads ...
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gifts

Consumer Confidence Rushes Higher — University of Michigan

The announcement: As unexpected as Donald Trump’s presidential election, consumers expressed much more positive economic expectations following his victory. While the surge in confidence ended by mid-December, it nonetheless led ...
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Holiday Shopping Clerk, retail worker

Minimum Wage Hikes on Tap for 25 State and Local Goverments

In 2016, a total of seven states — Arizona, California, Colorado, Maine, New York, Oregon and Washington — approved raising the state's minimum wage to between $12 and $15 an hour. ...
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Retail

Personal Income, Spending Flatten in November

The U.S. Department of Commerce's Bureau of Economic Analysis (BEA) reported Thursday morning that personal income increased month over month by less than 0.1% in November, after rising 0.5% in ...
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Gross domestic product

US GDP Growth Estimate for Q3 Rises to 3.5%

The U.S. Department of Commerce's Bureau of Economic Analysis (BEA) on Thursday issued its final revision for third-quarter gross domestic product (GDP). According to the BEA, U.S. GDP rose at ...
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check writing

10 Financial Resolutions for the New Year

Most of us have heard by now that there are several relatively painless steps we can take to improve our financial health. All it takes is a little shove. Turning ...
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Sharp Growth Seen From Philly Fed Region

It is no secret that the economic numbers have improved over the past 45 to 60 days. Some market watchers point out that the gains are from the election, and ...
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Ronald Reagan

Donald Trump Described as Like Ronald Reagan, Margaret Thatcher

Donald Trump got a promotion of sorts. Even before his inauguration, the head of the world's largest hedge fund has compared him to Ronald Reagan, Margaret Thatcher and Helmet Kohl. ...
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tax time

It Is Not Too Late to Lower Your 2016 Taxes

From The Fiscal Times You’re probably rushing to finish holiday shopping, but it’s also a good time to wrap up loose ends when it comes to taxes. Here are 13 ...
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Beijing air pollution

Air Pollution Killed Over 336,000 People in China

As a yellow alert for poor air quality in China that has been in place for several days causes shuttering of some factories and restrictions for driving, it is worth ...
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Santa Claus

Even Santa Got Only a Piddling 2% Raise This Year

The average U.S. wage increased by 3.1%, but one of the hardest working men in the world only managed a 2.2% bump. And most people think he's overpaid! The good folks ...
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Smoggy Forbidden City

China Smog Blankets Largest Cities

Air pollution problems in China worsened recently, threatening both the industrial sector and auto industry, most likely. According to the official Xinhua news agency, many of the largest cities are ...
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