April 20, 2019
“The unexpectedly strong month for the key retail sector helped recover losses after December’s worrisome slump, according to the Commerce Department… Total retail sales rose 1.6 percent to $514.1 billion, well above the 0.9 percent economists had been expecting. The… Continue Reading…
April 20, 2019
“Publicly traded cannabis companies have reported strong sales since Canada legalized pot last October and several US states voted to approve recreational and medical marijuana use… “This business is still in its infancy. It’s like investing in alcohol post-Prohibition. There… Continue Reading…
April 19, 2019
“Metro Orlando grew by 60,000 residents last year, almost as large as the number of people who can fit into the city’s Camping World Stadium, where college football bowl teams face off each winter. The Tampa area grew last year… Continue Reading…
April 19, 2019
“The nation’s largest city is losing population for the first time in more than a decade, new federal estimates show…” https://www.wsj.com/articles/new-york-citys-population-dips-for-first-time-in-over-a-decade-11555560060 This might not look like a business article at first glance. This is article is important in regards to… Continue Reading…
April 18, 2019
“Under President Trump’s new tax law, 60 of America’s biggest corporations paid $0 in federal taxes in 2018, despite earning billions of dollars in profits. Amazon, Netflix, General Motors, Chevron, JetBlue, IBM and U.S. Steel were all among the companies… Continue Reading…
April 18, 2019
“This year, US retailers have announced that 5,994 stores will close. That number already exceeds last year’s total of 5,864 closure announcements, according to a recent report from Coresight Research. Bankruptcies in the retail sector are piling up and chains… Continue Reading…
April 17, 2019
“American manufacturing was flat in March, which was good news after sharp declines in the prior two months that combined for a dismal first quarter, the Federal Reserve reported Tuesday. That weak performance has contributed to fears about a slowing… Continue Reading…
April 17, 2019
“The federal government spent $2,198,468,000,000 in the first six months of fiscal 2019 (October through March), which is the most it has spent in the first six months of any fiscal year in the last decade, according to the Monthly… Continue Reading…
April 16, 2019
“Of the 150,272,157 tax returns filed for the 2016 tax year, 50,219,667—or 33.4 percent–were classified by the Internal Revenue Service as “nontaxable returns,” meaning the people who filed them paid $0 or less in income taxes, according to data published… Continue Reading…
April 16, 2019
“The cost of many products and services the upper middle class buys, from autos to college educations, is outpacing overall inflation. While having access to credit, these households are increasingly tapping into costlier forms of debt… Credit card interest rates… Continue Reading…
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