Category: News

May 3, 2019

Hiring is also likely to slow because the 3.8% unemployment rate, which is near a 50-year low, is expected to fall further, making it even tougher for businesses to find qualified workers. Average monthly job growth was a surprisingly strong […]

April 25, 2019

It might’ve seemed like Facebook got away lightly in the wake of the Cambridge Analytica scandal, with no long-term effects after the initial wave of bad publicity. However, the company expects it will soon have to pay the price for […]

April 23, 2019

Sales of new U.S. homes increased 4.5% in March, the third straight monthly gain as the housing market appears to be cautiously recovering from a mortgage rate spike last year that caused homebuying to slump. The Commerce Department said Tuesday […]

April 19, 2019

It’s a good time to be a graduate. Those armed with a newly minted diploma will enter a job market with unemployment near the lowest level in 50 years and job prospects up significantly from just last year. Employers plan […]

April 15, 2019

Republicans passed a sweeping tax cut for two-thirds of Americans in 2017, saying it would pay for itself and the American public would thank them. Now, as Americans finish filing to the IRS for the first time under the new […]

April 11, 2019

The numbers: The number of people who applied for unemployment benefits in early April fell below 200,000 for the first time since 1969, the latest sign that an ebullient labor market remains an island of strength for a slower-growing U.S. […]

April 3, 2019

Growth in the U.S. services sector fell more than expected and reached its slowest pace in more than a year, according to data from the Institute for Supply Management released on Wednesday. The ISM non-manufacturing index fell to 56.1 in […]

March 27, 2019

Americans are in for a surprise as the government begins disbursing tax refunds this year. Uncle Sam is doling out less money than usual. While the average refund amount has risen slightly by $22 on average, 2 million fewer refunds […]

March 21, 2019

The numbers: The number of laid-off workers who applied for unemployment benefits declined in mid-March to a one-month low, suggesting little deterioration in a robust labor market that’s powered the economy over the past several years. Initial jobless claims, a […]

March 18, 2019

In the latest chapter of ongoing issues between Apple and Qualcomm, the latter has won a patent infringement case against Apple in San Diego. A jury there found that the iPhone 7, iPhone 7 Plus, iPhone 8, iPhone 8 Plus […]