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Category: News


News

German economy shrinks for the first time since early 2015

November 14, 2018

Via: ABC News

Germany’s economy shrank slightly in the third quarter of 2018, the first quarterly decline since early 2015, largely because of bottlenecks in getting new cars certified under tougher emissions tests. The Federal Statistical Office reported Wednesday that the German economy […]


Industries, News, Others

California Was Already Facing an Insurance Crisis. The Deadliest Wildfires in State History Are Making It Even Worse

November 12, 2018

Via: Fortune

The Camp Fire in Northern California and the Woolsey Fire in suburban Los Angeles continue to burn, with the death toll reaching 31 as weather remains dry throughout the state. More than 6,700 structures have been lost in the raging […]


News

31 cities adding the most jobs as the US economy grows

November 12, 2018

Via: USA TODAY

A healthy job market is the backbone of any thriving city. Across a population, a strong labor market can create a virtuous economic cycle, reducing financial hardship, fueling consumer spending, and attracting new residents. The United States is in the […]


News

Saving, prosperity remain key challenges for many Americans despite good economy

November 8, 2018

Via: USA TODAY

It’s not supposed to be this way. Almost 10 years into the economic expansion, many Americans still face significant personal financial pressures. Though there have been signs of progress, benefits from the economic rebound have been uneven and not widely […]


Financial Services, Industries, News

Why Trump Should Fear Maxine Waters Leading The Financial Services Committee

November 8, 2018

Via: Fortune

With her re-election this week, California Rep. Maxine Waters is set to lead the House Financial Services Committee when the next session of Congress begins in January, and that is potentially bad news for President Donald Trump. As head of […]


News

San Francisco Voters Back ‘Robin Hood’ Tax On Business

November 7, 2018

Via: Fortune

San Francisco voters passed Proposition C yesterday with a 60% majority, Recode reports. The proposition establishes a tax between 0.175% and 0.69% on the gross income of businesses reporting over $50 million in annual turnover, along with a 1.5% payroll […]


News

The trouble with New York’s health insurance markets

November 1, 2018

Via: NY Daily News

The 2019 Obamacare enrollment period begins today amidst a surprising bit of good news. For the first time since the exchanges opened in 2014, average premiums for benchmark silver plans are not going to increase. In fact, average benchmark premiums […]


News

US consumer spending up inflation-adjusted 0.3 percent

October 29, 2018

Via: ABC News

U.S. consumer spending rose by an inflation-adjusted 0.3 percent in September, led by increased spending on health care services and motor vehicles. The Commerce Department also said Monday that the Federal Reserve’s preferred measure of inflation returned to the central […]


News

Halloween economy: What states spend the most on sweets and make most sugary confections?

October 25, 2018

Via: USA TODAY

For candy makers, there are certain red-letter days during the year, like Easter and Valentine’s Day, that they hope will produce a cascade of revenue. Another such day is just around the corner — Halloween. On All Hallow’s Eve, kids […]


News

Small businesses are falling behind in the race to raise wages

October 24, 2018

Via: USA TODAY

Judy Briggs, owner of a 1-800–GOT-JUNK franchise in Hopkinton, Massachusetts, raised wages 18 percent in March after she started losing employees to nationally known furniture and warehouse companies. But those larger firms still offered starting hourly pay of $15 to […]