Why the Border Adjustment Tax Is Already Losing Momentum
With a Republican House and Senate, corporate taxes under a Donald Trump presidency are almost certain to come down in 2017 and beyond.
Economy
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Nashville Leads List of Windiest American Cities
For those who think Chicago deserves the title of the "Windiest City in America," think again. Based on new research, Chicago is not even in the top 10.
Bill Gates and 7 Others Have as Much Wealth as Poorest Half of the World
Bill Gates, founder of Microsoft Corp. (NASDAQ: MSFT) apparently cannot give away enough to help worthy causes. Oxfam has targeted him as one of the eight people who have wealth equal to the of…
10 Worst States to Grow Old
The 10 US States where growing old is most difficult based on income, health, education, and environment.
Which Privately Held Firms Have a Bright Outlook for 2017?
2017 outlook for privately held firms in the on-demand food business, the cheap smartphone business and marijuana-related businesses.
Are Inflation and Consumer Spending Already Petering Out?
Fresh economic data from Friday, January 13, 2017 might be signaling that the recent gains made in the reflationary pressure are already peaking — or at least stalling.
The California Drought, Which Was to Last Centuries, May Be Over
Not terribly long ago, scientists forecast the California drought could last for decades, or even centuries. Recent storms may have changed that.
Most Americans Can’t Afford Common Unexpected Expenses
Some people put away money for a rainy day, to help out if they should encounter any difficulty such as an unexpected payment or bill. How well do you prepare for the future or…
World Economic Growth to Rise by 2.7%, Hampered by Latin America — World Bank
The World Bank has come out with its 2017 economic forecast, and the numbers are distressing. Trouble Latin America will barely expand at all.
Small Business Optimism Jumps to 12-Year High in December
The National Federation of Small Business reported Tuesday that its optimism index has reached its highest level since 2004. Half of small business owners now expect the economy, up 38 points since November.
How Much Will Trump’s Mexican Wall Cost?
President-elect Donald Trump says that his proposed wall between Mexico and much of the southern U.S. border will cost $8 billion to $12 billion, which is a very broad range.
Will Detroit’s Population Stop Shrinking?
For all the excitement about the rebuilding of Detroit and the money that has been put into its downtown by developers and large companies, the most pressing question for the city is whether its…
Fed Minutes for December 2016 Talk All Around Post-Election Policies, Without Naming Trump
The Federal Reserve has released its minutes of the December 13 – 14 (2016) FOMC meeting. It turns out that Janet Yellen and her team of Federal Reserve presidents may be looking just a…
New Construction Spending Jumps in November
Construction spending in November rose more than analysts expected. For the first 11 months of last year, new construction spending also exceeded expectations.
China’s Growth Turns Hot Again With Best PMI Result in 4 Years
China's PMI took an unexpected jump in December, a sign that its economy may be not be slowing as much as expected.