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Business

“The most overworked cities in the US might surprise you”

“If you live in Washington D.C., Houston or Atlanta, it might be time to take a vacation. Those three cities, followed by Seattle and Chicago, are the most overworked cities in the United States, according to a study released by the mobile… Continue Reading…

Business, Economy, Personal Finance

“Finance companies fleeing northeast for lower taxes in Florida”

“Look out Wall Street. Huge financial firms from the northeast are moving en masse to Palm Beach County in search of lower taxes and better weather. And the moves are spelling out big dollars for the local economy. “The harder… Continue Reading…

Economy

“Record 157,288,000 Employed in July”

” The number of people employed in the United States hit a record 157,288,000 in July, according to the employment report released today by the Bureau of Labor Statistics… The unemployment rate held steady in July at 3.7 percent, the same as it… Continue Reading…

Economy

“GDP slows to 2.1% in second quarter but beats expectations…”

“GDP increased 2.1%, down from 3.1% from the first quarter, and the weakest increase since the first quarter of 2017 when President Donald Trump took office. Dow Jones Q2 estimates were for 2% growth. However, the underlying numbers in the… Continue Reading…

Banking, Economy

The U.S. Economy Is Great But Fed Most Likely Will Cut Rates

“The Fed, whose policymakers meet next week to set interest rates, lacks a pressing domestic case to clip borrowing costs: The jobless rate was close to a five-decade low at 3.7% in June, consumer spending is buoyant and the overall expansion just became… Continue Reading…

Banking, Economy

“The Economy Looks Solid, but the Fed Plans to Cut Rates Anyway…”

“…The Federal Reserve is planning to cut rates at its policy meeting at the end of the month even though the United States economy, by most available evidence, is doing perfectly fine. It appears, based on a close reading of… Continue Reading…

Economy

“U.S. Core Consumer Inflation Tops Projections in Broad Gain”

“The core consumer price index, which excludes food and energy, rose 0.3% from the prior month, the most since January 2018, and 2.1% from a year earlier, Labor Department data showed Thursday. Both figures exceeded estimates. The broader CPI climbed… Continue Reading…

Economy

“U.S. Oil Output Tops 12 Million Barrels a Day for First Time”

“U.S. crude output soared to new heights in April, highlighting OPEC’s dilemma just days before the producer group meets amid growing geopolitical threats. A government report on Friday showed U.S. production grew 2.1% in April to 12.16 million barrels a… Continue Reading…

Economy

“1 in 4 Americans have no plans to retire”

“Nearly one-quarter of Americans say they never plan to retire, according to a poll that suggests a disconnection between individuals’ retirement plans and the realities of aging in the workforce… According to the poll from The Associated Press-NORC Center for… Continue Reading…

Economy

“Strong U.S. Hiring Rebound…” Tops All Estimates

“The American jobs engine revived in June as hiring topped all economists’ estimates… Nonfarm payrolls climbed a solid 224,000 last month… a Labor Department report showed Friday. At the same time, the jobless rate ticked up to 3.7% from a… Continue Reading…