Economy - Page 2

Social Security Recipients to Get 2% Bump in 2018

Millions of Social Security recipients and retirees will receive a 2% increase in benefits next year, the largest gain since 2012. The Social Security Administration announced the cost-of-living adjustment (COLA) ...
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Wrath of Wildfires Puts California Wine Industry at Risk

In a year scarred by nature’s fury with hurricanes ravaging the South and the Caribbean, the scene is shifting west. California is now reeling from the devastation wrought by wildfires ...
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FOMC Minutes Signal Only Slow Balance Sheet Wind Down With Slow Rate Hike Plans

The U.S. Federal Reserve has released the minutes of the September 2017 FOMC meeting, and the investing community and economic watchers should take the notion that the current members are ...
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More Than 172,000 California Properties at Risk From Wildfires

More than 172,000 homes in the Napa and Santa Rosa metro areas, with a combined reconstruction cost value (RCV) of more than $65 billion, are at some level of risk ...
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September Small Business Optimism Dives on Weak Sales Outlook

The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for September tumbled by 2.3 percentage points from 105.3 in August to come in ...
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Why High School Students Left $2.3 Billion in College Aid on the Table

The high school class of 2017 left as much as $2.3 billion in federal grant money for college on the table, according to a new analysis by NerdWallet. The grant ...
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10 States Where Drunk Driving Kills the Most People

Between 2007 and 2014, the number of people killed in crashes on U.S. highways dropped by 21%, from 41,259 to 32,744. Fatalities increased to 35,485 in 2015 and to 37,461 ...
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Hurricane Damage May Hit 76,000 Homes

As Tropical Storm Nate moves ashore on the Gulf Coast, possibly as a hurricane, tens of thousands of homes are at risk for severe damage. The total amount of the ...
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California Governor Signs Bill Creating ‘Sanctuary’ State, in Rebuke to Trump

Governor Jerry Brown Thursday signed legislation to make California a “sanctuary’’ state, inviting possible retaliation from President Trump. In signing the bill, Brown limited who state and local law enforcement ...
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Tropical Storm Nate Likely to Cause More Financial Damage to Gulf States

Tropical Storm Nate will make landfall somewhere between Louisiana and the Florida Panhandle this weekend. While it will not cause the amount of damage hurricanes Harvey and Irma did, it ...
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What Will Really Matter in the September Unemployment and Payrolls Report

Friday's key employment report from the U.S. Department of Labor will be closely watched. Unfortunately, there is a serious chance that the report may be very distorted and hard to ...
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Americans Anxious That Robots Will Take Their Jobs

One of the nation's leading research firms, the Pew Research Center, released the results of a study called "Automation in Everyday Life." Among the conclusions is that a large number ...
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Massacre Occurred as Las Vegas Was Still Emerging From Economic Downturn

Las Vegas, on Sunday the scene of one of the worst mass shootings in U.S. history, is one of the last metropolitan areas in the country to fully recover from ...
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New Construction Spending Up Solidly in August

The U.S. Census Bureau reported Monday morning that construction spending in August rose by 0.5% to an estimated seasonally adjusted annual rate of about $1.2183 trillion, above the upwardly revised ...
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ISM and Markit Both Indicate Strong US Manufacturing for September

Two reports are signaling that the U.S. manufacturing economy looked stronger in September. It is important to keep in mind that September was the month that much of Texas was ...
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