America’s Top Tax Dodgers: Big Banks
About three-quarters of the Fortune 500 companies made a profit in 2018. Among those profitable companies, 91 paid no taxes at all and another 56 paid less than 5%. The statutory rate for corporate…
Economy
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This Common Fruit Is Much Better for De-Icing the Roads Than Salt
Researchers at Washington State University have developed a process that makes a road de-icer from grape skins and other organic waste.
Survey of Economists Sees Recession Odds Higher for 2021 Than 2020
The National Association for Business Economics releases monthly data that is used to forecast expected strength or weakness in the economy in the near future.
Porch Pirates Ruin Holidays for 59 Million Americans
Estimates vary, but as many as porch pirates could be getting away with millions of packages this holiday season.
Online Sales of Fake Products a $1 Billion Issue for US Consumers
Online sales of counterfeit products including apparel and consumer electronics is both costly and dangerous to American consumers.
Consumer Sentiment Remains Solid as Holiday Shopping Hits the Home Stretch
Consumer sentiment remains solid as the 2019 holiday shopping season enters its final two weeks. According to research firm Morning Consult, American consumer sentiment is close to a 52-week high.
November Small Business Optimism at 18-Month High
The National Federation of Independent Business reported Tuesday that small business owners' optimism rose to an 18-month high in November.
European Union Bans Pesticide That EPA Recently Approved
A standing committee of the European Union on Friday approved a ban on a pesticide that the U.S. EPA refused to ban earlier this year.
Consumer Sentiment Remains Strong Heading Into Holiday Shopping Season
Consumer sentiment among Americans rose for the seventh consecutive time last week. Americans are generally feeling pretty good about the economy, according to the latest data from Morning Consult.
Extreme Weather Could Drive 22 Million People From Their Homes This Year
In the first half of this year, some 7 million people around the world have been displaced from their homes as a result of an extreme weather event. The World Meteorological Organization expects the…
Voter Preference for Bloomberg Rises to 5%
Michael Bloomberg's presidential campaign has been off and running for over a week. While he is still well behind the leaders, he has shown an advance that signals he could become a second-tier candidate…
US and China Show Diverging Manufacturing Data Ahead of Would-Be Trade Pact
China and the United States need and want the trade war to end, but a slew of economic data is showing mixed messages that will continue to work for or against each nation as…
Recession Versus Expansion Tug of War Continues Among Economists
It has to be more than mildly confusing for the public to hear so many talking heads opine about the same issues facing the economy and financial markets. After all, there is more or…
This City Will Waste the Most Food on Thanksgiving
While the Thanksgiving holiday is traditionally a time for Americans to gather with family and friends and celebrate the bounty and generosity of this country, we have to face the fact that, in many…
US Consumer Sentiment Rises as Black Friday Approaches
Consumer sentiment improved month over month in November, according to the University of Michigan. Consumers appear satisfied with their economic outlook.