Economy - Page 2

A Day at This Beach Is No Day at the Beach – It Could Cost You $365

Posted: August 15, 2019 at 9:03 am

Summer may be waning, but there are still plenty of beach days left. Beaches define summer -- sun, sand, and surf; a beach towel and a colorful umbrella; ice cream, ...
Read Full Story »

Is Germany Teetering on Another Technical Recession?

Posted: August 14, 2019 at 10:45 am

Most economists and market participants consider a recession as two consecutive quarters in which gross domestic product (GDP) growth is negative. There are of course variations to what may really ...
Read Full Story »

China Slows Toward Recession Pace

Posted: August 14, 2019 at 4:35 am

China's economy has slowed considerably. According to its National Bureau of Statistics for China, "In July, the total value added of the industrial enterprises above the designated size grew by ...
Read Full Story »

The Financial Bloodbath of Argentina

Posted: August 13, 2019 at 10:10 am

Some countries just never seem to be able to get it right. The United States, China, the nations in Europe, Japan and elsewhere all have problems of their own. Even ...
Read Full Story »

July Small Business Optimism Rises on Solid Economy, Expected Sales Increase

Posted: August 13, 2019 at 7:45 am

The National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index rose from 103.3 in June to 104.7 in July. Last August's index reading of ...
Read Full Story »

These Four Southern States Have the Highest Bankruptcy Rates in the US

Posted: August 12, 2019 at 10:12 am

Bankruptcies rose last month nationwide, hitting a total of 64,283. That was up 3% from July of last year. Bankruptcies are on a pace to reach nearly 800,000 in 2019. ...
Read Full Story »

Seniors Worried About Social Security Cuts

Posted: August 9, 2019 at 11:07 am

The U.S. Social Security system faces two big problems. First, older Americans who have paid into the program for decades worry that it will collapse and that they won't receive ...
Read Full Story »

UK Leans Toward Recession as GDP Contracts

Posted: August 9, 2019 at 8:10 am

Whether it is the effects of Brexit or the global economic slowdown, the U.K. economy shrank by 0.2% in the second quarter, according to the Office of National Statistics, a ...
Read Full Story »

UN Issues Report and Warning on Global Land Use

Posted: August 8, 2019 at 3:47 pm

The introduction of meatless plant-based protein foods from companies like Beyond Meat and Impossible Burger hasn't arrived a moment too soon to effect (perhaps) a change in people's eating habits. ...
Read Full Story »

When 3 Central Banks Cut Interest Rates in a Single Day

Posted: August 7, 2019 at 10:40 am

When economies struggle, the classic textbook move to stabilize and help a recovery is for a nation's central bank to cut interest rates. The move aims to lower the cost ...
Read Full Story »

Trade War May Not End Before Election

Posted: August 6, 2019 at 6:25 am

What if the trade war goes on past the election? Both the U.S. and Chinese economies could be deeply damaged. The presidential election could easily be affected. China's top leadership, ...
Read Full Story »

The Big Trade War If: What If China Decides to Sell its $1.11 Trillion in US Treasuries?

Posted: August 5, 2019 at 2:05 pm

With the United States and China trade war becoming more fierce, the stock market tanked and the bond market rallied on news that China devalued its currency and is blocking ...
Read Full Story »

As China Devalues the Yuan, Trade War Fallout Spreads Far Beyond Ag Imports/Exports

Posted: August 5, 2019 at 10:35 am

There are not all that many trade war references from the modern era to refer to when it comes to what is happening between the United States and China. The ...
Read Full Story »

The Gun Control Laws That Are Most Likely to Work Are Not About Banning Weapons, Study Says

Posted: August 4, 2019 at 8:00 am

Gun control is more than banning certain types of weapons. State and local laws affecting who can purchase and carry firearms may, in fact, be more effective than banning the ...
Read Full Story »

2020 Redistricting: An Early Look

Posted: August 1, 2019 at 11:17 am

By Kyle Kondik, Managing Editor, Sabato's Crystal Ball KEY POINTS FROM THIS ARTICLE — The Supreme Court’s recent decision to stay out of adjudicating gerrymandering doesn’t necessarily change anything because the ...
Read Full Story »