Economy

Trade Disputes Cloud CEO Q3 Economic Outlook

Posted: September 24, 2018 at 1:55 pm

U.S. CEOs see more growth ahead for the country's economy but their optimism is tempered by uncertainty and the expected negative effects of the Trump administration's trade policies. The Business ...
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30 S&P 500 CEOs with 20 Years or More on the Job

Posted: September 20, 2018 at 1:35 pm

Keeping a job, any job, for 20 years or more is becoming rarer and rarer. The feat may be uniquely treacherous for the chief executive officer of a publicly traded ...
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Global Growth Rate May Have Died

Posted: September 20, 2018 at 6:40 am

After a years-long recovery from the Great Recession, the impressive rate of improvement may have peaked. And there is a danger that the pace could turn the other way. The ...
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Temporary Holiday Workers May Make Little More Than Minimum Wage

Posted: September 19, 2018 at 6:45 am

Part-time holiday workers, who major retailers are hiring by the hundreds of thousands, often do not make much more than the minimum wage. This means their effect on the national economy ...
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Women Get Much Less in Start-Ups Than Men

Posted: September 19, 2018 at 6:35 am

Add insult to injury. Women make less money than men in almost every industry. The average of the discount is over 20% on average. The number has not changed recently. ...
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Business Leaders Want Changes in China Trade, Just Not Trump’s Tariffs

Posted: September 18, 2018 at 12:45 pm

When President Trump announced earlier this year that he planned to impose tariffs on $50 billion in Chinese goods imported into the United States, the Business Roundtable, a group of ...
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How Financial Market Vocabulary and Lingo Have Changed Since the Financial Crisis

Posted: September 17, 2018 at 12:35 pm

It is without argument that the financial crisis changed America. It also changed the world's economic landscape. It has now been about 10 years since the collapse of Lehman Brothers ...
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Rise of Machines and AI Could Add 133 Million Jobs

Posted: September 17, 2018 at 6:35 am

According to The World Economic Forum (WEF), automation and artificial intelligence (AI) used in the workforce could add 133 million jobs by 2022. It could also kill 75 million. The ...
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Hurricane Florence Could Have $15 Billion Price Tag

Posted: September 16, 2018 at 8:36 am

Before Hurricane Florence made landfall, there were estimates that it could cause over $100 billion in damage, which would make it among the most costly hurricanes in history. It was ...
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10 Years Later, Many Deep Scars From the Financial Crisis Remain

Posted: September 16, 2018 at 7:30 am

It has been about 10 years since the collapse of Lehman Brothers and since the forced buyout of Bear Stearns. The financial crisis turned into the Great Recession, and many ...
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September Consumer Sentiment Soars on Jobs, Pay Increases

Posted: September 14, 2018 at 10:45 am

The preliminary University of Michigan Consumer Sentiment Index for September jumped 4.8% to a reading of 100.8 after posting a final reading of 96.2 in August. The preliminary reading is ...
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Retail Spending Growth Slowed in August

Posted: September 14, 2018 at 10:15 am

U.S. consumer spending increased by 6.6% year over year to $509 billion in August and up by 0.1% month over month from an upwardly revised July total of $508.6 billion. ...
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After All These Trade War Fears, No Real Inflation Has Been Seen

Posted: September 13, 2018 at 12:35 pm

If the public only listened to the rhetoric of politicians and the headlines and sound bites from the financial and mainstream media, it would be rather easy to be tricked into thinking that ...
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Turkey Finally Gets It With Larger Than Expected Rate Hike

Posted: September 13, 2018 at 10:25 am

Turkey finally decided to put on its "A" game. After having been way too slow to raise interest rates to stem inflation and a major currency depreciation, Turkey finally raised ...
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Household Income Rises for Third Straight Year

Posted: September 12, 2018 at 1:20 pm

There is a good trend happening for average household income. It's going up, and that marks the third straight year. According to the U.S. Census Bureau, real median household income rose ...
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