Trade Disputes Cloud CEO Q3 Economic Outlook
U.S. business CEOs remain optimistic about the country's economy but for the second consecutive quarter the Business Roundtable's CEO economic outlook has dipped on concerns about U.S. trade policy.
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30 S&P 500 CEOs with 20 Years or More on the Job
Just 6% of S&P 500 companies can claim a CEO who has been in that position for 20 or more years. The odds rise for founders and founders' family members.
Global Growth Rate May Have Died
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.
Temporary Holiday Workers May Make Little More Than Minimum Wage
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 is quite small. Among…
Women Get Much Less in Start-Ups Than Men
Women make less money than men in almost every industry. And it turns out that women get much less equity in start-ups than their male counterparts do.
Business Leaders Want Changes in China Trade, Just Not Trump’s Tariffs
The CEOs who make up the Business Roundtable issued a statement on Tuesday urging the president to take a different approach to the administration's desire redress the imbalances in U.S.-China trade.
How Financial Market Vocabulary and Lingo Have Changed Since the Financial Crisis
There are an endless number of financial market terms that simply did not exist ahead of the financial crisis. Some may be more of an evolutionary development that would have occurred anyhow, but there…
Rise of Machines and AI Could Add 133 Million Jobs
A new report is optimistic about the effect technology will have on global workers in the next five years, saying this could "lead to a new age of good work, good jobs and improved…
Hurricane Florence Could Have $15 Billion Price Tag
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 a Category 4 hurricane…
10 Years Later, Many Deep Scars From the Financial Crisis Remain
Right now the United States is a $20 trillion economy with about a 4% unemployment rate and with more job openings than able bodies to fill those jobs. Still, many deep scars are very…
September Consumer Sentiment Soars on Jobs, Pay Increases
The University of Michigan's preliminary September consumer sentiment survey recorded its second-highest reading since 2004. Job and wage growth are the driving forces.
Retail Spending Growth Slowed in August
U.S. retail spending rose less than expected in August, although year-over-year retail sales are up nearly 6%. Slower auto and clothing sales weighed most heavily on August sales.
After All These Trade War Fears, No Real Inflation Has Been Seen
24/7 Wall St. has tracked three solid data points from this week that point to all of these inflation fears having been overblown. This could be more than just good news for those who have been worried…
Turkey Finally Gets It With Larger Than Expected Rate Hike
After having been way too slow to raise interest rates to stem inflation and a major currency depreciation, Turkey finally raised its benchmark interest rates.
Household Income Rises for Third Straight Year
There is a good trend happening for average household income. It's going up, and that marks the third straight year.