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Category: News


News

The Economy Is Getting Hotter. Is a Productivity Boom Next?

February 21, 2018

Via: New York Times

Two of the most important facts about the global economy over the last decade are these: A giant financial crisis led to mass unemployment in many countries and years of disappointing growth. And despite a seeming barrage of technological innovation, […]


Industries, News, Others

Forget the stock market’s roller coaster – many Americans struggle with income volatility

February 16, 2018

Via: Market Watch

The stock market’s up-and-down ride has grabbed breathless news coverage in the past week, but many Americans are far more familiar with another kind of roller coaster: Income volatility. The term refers to monthly and annual dips and jumps in […]


News

New Tax Cuts Will Save Billions. But for Whom?

February 16, 2018

Via: Fortune

Headlines dripped with scorn when Kimberly-Clark (KMB, +2.74%) announced in January that it would lay off 5,000 to 5,500 employees. The company “celebrates the Trump tax cuts with massive layoffs, share buybacks,” said Salon, and will “use savings from tax […]


News

Job and Wage Gains Deliver a Promising Start for the Year

February 2, 2018

Via: The New York Times

As the unemployment rate has fallen in recent months and the economy has roared, one central question has bedeviled the American job market: Where is the wage growth? New data on Friday suggested an answer: It is here, and it […]


News

PayPal Finance Chief: Wall Street Need Not Worry About Our eBay Relationship

February 2, 2018

Via: TheStreet

PayPal Holdings Inc. (PYPL) reported a stellar fourth quarter this week, but the way Wall Street has reacted sure doesn’t make it seem like that. “We had what was another really good quarter,” PayPal Chief Financial Officer John Rainey told […]


News

Trump’s first State of the Union will focus on the economy, trade and immigration

January 29, 2018

Via: CNBC

President Donald Trump will deliver his first State of the Union address on Tuesday, marking the end to a turbulent first year of his presidency, but one that has seen U.S. markets ascend to new heights. The theme of Trump’s […]


News

US economy grew at solid 2.6 percent rate in fourth quarter

January 26, 2018

Via: ABC News

The U.S. economy grew at a solid rate of 2.6 percent in the final three months of last year, helped by the fastest consumer spending since the spring of 2016 and a big rebound in home construction. The fourth quarter […]


Finance Tech, News, Trading

Stock trading app Robinhood to launch bitcoin, ethereum trading in five states

January 25, 2018

Via: CNBC

Stock trading app Robinhood is becoming a cryptocurrency broker. Customers in California, Massachusetts, Missouri, Montana and New Hampshire will be able to trade bitcoin and ethereum through the app beginning in February, Robinhood announced Thursday. In the meantime, all customers […]


News

IMF: Trump tax cuts will boost global economy

January 22, 2018

Via: CNN

The Trump administration’s tax overhaul is the latest piece of good news for the global economy. The International Monetary Fund said Monday that it expects global growth of 3.9% this year and in 2019, an increase of 0.2 percentage points […]


News

The global economy is doing great … for now

January 10, 2018

Via: CNN

Global economic growth is in full swing, but the party could come to an end in a couple of years. The World Bank just upgraded its forecast for this year after a stronger than expected 2017. Countries around the world […]