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Business

“U.S. Employees Are The Happiest”

“Workers in the U.S. are the happiest, according to a new poll by Mindspace… Happiness at work among Americans is seemingly congruent with job growth. In November, the unemployment rate dipped to 3.5 percent from 3.6 percent, CNBC reported on December 6…” https://www.statista.com/chart/20223/employees-happy-us-world/… Continue Reading…

Economy

“California population growth slowest since 1900 as residents leave…”

“The number of Californians increased to 39.96 million, with new data from the Department of Finance showing mostly downward trends. They are rooted in fewer births, coupled with increased deaths among an aging population. The Golden State, however, has also seen changes in… Continue Reading…

Economy

“Over 40% of Consumers in Some States Have Delinquent Household Debt, Data Indicate”

“Nationwide, 31% of people with credit bureau records had debt in collections last year, according to the 2018 figures, which were published by the Urban Institute. The median amount of that debt was $1,639. “The share of consumers with financial distress,… Continue Reading…

Economy

“Employers post more jobs in October in sign of solid economy”

“The number of available jobs jumped in October after hitting an 18-month low the previous month, a sign the job market remains strong. The Labor Department said Tuesday that the number of available positions rose 3.3% to nearly 7.3 million. That suggests… Continue Reading…

Economy

“U.S. Factory Output Rebounds Even Without Post-GM Strike Bump”

“U.S. factory production rebounded by more than forecast in November and rose excluding a surge in auto production following the end of the General Motors Co. strike, in a sign of stabilization in manufacturing. The 1.1% increase in manufacturing output,… Continue Reading…

Economy

“Once affordable, Phoenix rents among fastest rising in US”

“Phoenix long has been considered an inexpensive place to live, but that may be changing. Even some middle-class people are struggling to make ends meet as the desert city experiences some of the nation’s fastest-rising rents, jumping as much as… Continue Reading…

Economy

“Mnuchin says trade deal with China to boost global economy”

“…The United States and China cooled their trade war on Friday, announcing a “phase one” agreement that reduces some U.S. tariffs in exchange for what U.S. officials said would be a big jump in Chinese purchases of American farm products… Continue Reading…

Economy, Personal Finance

“Americans’ Credit Card Debt Poised to Reach 10-Year High”

“Americans are projected to fall seriously behind on their credit card bills at the highest rate in a decade as banks push a record number of people to get plastic. The share of credit card borrowers who are at least… Continue Reading…

Economy

“Feds Collect Record Taxes Through November; But Still Run $343.3 Billion Deficit…”

“The federal government collected record total tax revenues of $470,706,000,000 in October and November, the first two months of fiscal 2020, according to the Monthly Treasury Statement released today. Despite collecting that record amount in taxes, however, the federal government still… Continue Reading…

Banking, Economy

“The Fed will stay in hibernation until at least summer: CNBC survey”

“Federal Reserve policymakers will go into hibernation for as much as six months, holding interest rates unchanged until at least the summer, according to respondents of the December CNBC Fed Survey… “The risks to the outlook for economic growth and inflation… Continue Reading…