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Economy

“A record number of Americans quit their jobs in September”

November 15, 2021

“…A record 4.4 million Americans quit their jobs in September as the sheer volume of available jobs is empowering workers to have their pick.Workers are quitting in search for better pay or better jobs, representing a fundamental shift in America’s labor market…. The… Continue Reading…

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Business

“Burger King parent Restaurant Brands International buys Firehouse Subs for $1 billion”

November 15, 2021

“Burger King parent Restaurant Brands International announced Monday it bought Firehouse Subs for $1 billion. Shares of the restaurant conglomerate rose more than 1% on the news. The stock has fallen 4% this year, giving it a market value of $27.1 billion.… Continue Reading…

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Business

Grants and Programs: How Start-Up Owners Can Get Support for Their Businesses

November 12, 2021

Written By Tina Martin Starting a business or growing a young business takes time, effort, and energy. Cash flow is a serious issue for many business owners, especially in the first couple of years when the company is establishing itself.… Continue Reading…

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Economy

“Here’s why groceries keep getting more expensive”

November 12, 2021

“…Food manufacturers and grocers have faced higher costs for commodities, labor, transportation and other expenses during the pandemic. Those costs have escalated in recent months, leading manufacturers to pass off some of these costs to their retail customers, who in… Continue Reading…

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Business

“J&J plans to split into two companies, separating consumer products and pharmaceutical businesses”

November 12, 2021

“Health-care conglomerate Johnson & Johnson announced plans Friday to split its consumer products business from its pharmaceutical and medical device operations, creating two publicly traded companies. The news sent shares higher in premarket trading. The separation will sheer off its household products… Continue Reading…

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Economy

“US Trade Deficit Hits All Time High in September at $80.9 Billion”

November 11, 2021

“EDITOR’S NOTE: The Associated Press reports that “the U.S. trade deficit hit an all-time high of $80.9 billion in September as American exports fell sharply while imports, even with supply chain problems at American ports, continue to climb.” This September… Continue Reading…

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Business

“$283,927,000,000: Federal Tax Collections Set Record in October”

November 11, 2021

“(CNSNews.com) – The federal government, according to the Monthly Treasury Statement, collected a record $283,927,000,000 in total taxes in October, which was the first month of fiscal 2022. Federal spending hit $448,983,000,000 in October, which was the second highest ever for… Continue Reading…

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Economy

“U.S. Electricity Costs Surge Most Since 2009 as Weather Cools”

November 10, 2021

“The price of electricity in October increased 6.5% from the same month a year ago while consumer expenses paid to utilities for gas went up 28%, according to numbers released Wednesday by the U.S. Bureau of Labor Statistics. Fuel oil… Continue Reading…

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Economy, Real Estate

“Home prices are now rising much faster than incomes, studies show”

November 10, 2021

“…In the last decade, the median home price rose roughly 30% and incomes crept up just 11% over the same time period, according to a Bankrate analysis of data from the National Association of Home Builders/Wells Fargo Housing Opportunity Index. Over 50… Continue Reading…

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Economy

“Americans have never been in so much debt”

November 10, 2021

“American households are carrying record amounts of debt as home and auto prices surge, Covid infections continue to fall and people get out their credit cards again.Between July and September, US household debt climbed to a new record of $15.24 trillion,… Continue Reading…

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