These Are the Places Americans Will Vacation in This Summer
About two-thirds of the people who travel for leisure will take a summer trip this year. Many of them will leave the United States altogether.
Economy
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CEOs in America Continue Losing Their Jobs at a Record Pace
U.S. CEOs continued leaving their jobs at a near-record pace in March, lifting first-quarter departures to their highest-ever total.
Higher US Inflation in March Is the Envy of Europe
The Bureau of Labor Statistics has released its first look at consumer inflation for the month of March. The Consumer Price Index came it a bit hotter than expected
Famous Colleges Aside, It’s Easier Than Ever to Get into Good Universities, Study Shows
Among the things lost in the admissions scandal involving parents who paid money under the table to get their children into elite schools is that college is not that hard to get into.
Why the IMF’s 2019 Global GDP Growth Decline Expectation Actually Looks Better Ahead
The International Monetary Fund (IMF) has made another economic projection for 2019, and it’s got some bad news with it — slower global growth. After this time a year ago when…
Half of US Taxpayers Paid 97% of 2016 Federal Income Tax
Just ahead of the filing deadline for 2018 federal and state income taxes, the IRS published its roundup of 2016 income and taxes. Americans reported more than $10 trillion in income and paid about…
American Restaurant Spending Is Through the Roof
According to data just released by the National Restaurant Association (the “other” NRA), U.S. restaurants are projected to reach a record $863 billion in sales in 2019, up 3.6% from 2018. The most substantial…
March Small Business Optimism Stalls on Weak Outlook for Economic Growth
Small business owners remain guarded in their outlook for the U.S. economy and for their own sales according to the monthly report from the National Federation of Independent Business.
20% Of Russians Want To Leave Russia
Russia is vast, the largest country in the world by land mass. And, it is also one of the world’s largest nations by population, with almost 150 million people. It is also a nation…
One of Florida’s Most Famous Places Is Also America’s Poorest City
There’s an old saying that “Geography is destiny.” Access to resources and other environmental factors can affect the success or failure of a community. It’s hard not to consider this idea when looking at…
This Area in America Is Richer Than Dubai
According to the U.S. Census Bureau, 42 metropolitan areas around the country boast a median household income of $70,000 or more — sometimes tens of thousands more. These are America’s wealthiest municipalities, and they…
Most of the People in This Country Go Hungry
“I’m starving,” people blithely say when it’s been five or six hours since their last burger or plate of pasta. For much of the world, that phrase has a much more literal meaning. According…
Citi Buys Over $6 Billion in UK ‘Bad Bank Loans’ From Financial Crisis Era
The U.K. Treasury has announced that it has sold about £5 billion worth of loans that it had acquired from the taxpayer during the financial crisis.
US Manufacturing Stays Even Stronger Than China’s Gains for March
The financial markets cheered news that China's manufacturing report in March had shown an unexpected recovery and expansion. Now a fresh read indicates that the United States is holding up even better than China.
China’s Manufacturing Gains Also Brings Gains in Employment Numbers
Is China's rapid economic slowdown already back to recovering? A new report showed that its manufacturing activity unexpectedly expanded in March to the fastest growth in eight months.