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Economy

“Singapore overtakes US as world’s most competitive economy”

October 10, 2019

“Singapore has knocked the United States out of the top spot in the World Economic Forum’s annual competitiveness report. The index, published on Wednesday, takes stock of an economy’s competitive landscape, measuring factors such as macroeconomic stability, infrastructure, the labor market and… Continue Reading…

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Economy

“Small-town Bankers Are Still Hopeful about US Economy”

October 9, 2019

“American financial experts may be worried about trade wars, tariffs and talk of a recession, but ask a small-town banker and economic conditions are pretty good. Across the United States, people are building and buying homes. Small businesses are borrowing money to… Continue Reading…

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Stocks

“3 Top U.S. Stocks to Watch in October”

October 7, 2019

“In the current investing environment, the upcoming earnings reports from railroad operator CSX (NASDAQ:CSX), heavy equipment powerhouse Caterpillar (NYSE:CAT), and medically focused industrial Danaher (NYSE:DHR) will offer many investors keen insights on these questions…” https://www.fool.com/investing/2019/10/06/3-top-us-stocks-to-watch-in-october.aspx While these are not my personal 3 top picks I do like… Continue Reading…

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Economy

“U.S. adds 136,000 jobs in September, unemployment rate hits 50-year low”

October 4, 2019

“The numbers: The economy added 136,000 new jobs in September, the government said Friday. Economists polled by MarketWatch had forecast a 150,000 increase. …employment gains for August and July revised up by a combined 45,000, And in a separate survey, the U.S. unemployment… Continue Reading…

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Business, Economy

“Americans Spent More on Taxes in 2018 Than on Food, Clothing and Health Care Combined”

October 4, 2019

“Americans on average spent more on taxes in 2018 than they did on the basic necessities of food, clothing and health care combined, according to the Bureau of Labor Statistics Consumer Expenditure Survey… In 2018, according to Table R-1, American consumer… Continue Reading…

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Economy

“Millennials are fleeing big cities for the suburbs”

October 1, 2019

“Millennials are getting older. And as they enter the next stage of life — marriage, kids, higher salaries —Gen Y is beginning its exodus from busy cities, just like the generations that came before it. Data released by the U.S.… Continue Reading…

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Economy

“Second-quarter U.S. GDP left at 2%…”

September 27, 2019

“The U.S. economy grew more slowly in the second quarter, updated figures confirm, and is slow growth is expected to persist through the end of the year largely because of the festering trade fight with China. Gross domestic product, the… Continue Reading…

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Economy

“U.S. beats Saudi Arabia to become top oil exporter on shale boom”

September 23, 2019

“Surging output from shale helped America ship almost nine million barrels a day of crude and oil products in June, surpassing Saudi Arabia, the International Energy Agency said in a report, citing gross export figures. There’s room to send even more… Continue Reading…

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Banking, Economy

“Fed Cuts Interest Rates by Another Quarter Point”

September 19, 2019

“The Federal Reserve lowered interest rates by a quarter of a percentage point on Wednesday, its second cut since late July, and suggested it was prepared to move aggressively if the United States economy showed additional signs of weakening. For… Continue Reading…

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Economy, Stocks

“U.S. Stocks Edge Up After Jobs Report”

September 6, 2019

“U.S. stocks ticked higher Friday after the August jobs report showed hiring remained steady in a month racked by trade threats, though employers added slightly fewer jobs than analysts had expected…” https://www.wsj.com/articles/global-stocks-waver-ahead-of-jobs-report-11567757633

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