Category: News

November 14, 2018

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 […]

November 12, 2018

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 […]

November 12, 2018

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 […]

November 8, 2018

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 […]

November 8, 2018

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 […]

November 7, 2018

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 […]

November 1, 2018

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 […]

October 29, 2018

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 […]

October 25, 2018

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 […]

October 24, 2018

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 […]