Category Archives: Economics

Economic policies, business, investing, saving, banking, currency

“Americans Still Aren’t Saving, Despite the Booming Economy”

“Despite recent job gains, rising wages and falling unemployment, almost a quarter of Americans said they still have no emergency savings, according to an annual Bankrate.com report released Wednesday. The number of Americans who said they have no money readily available in either … Continue reading

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“[US] Over 95% of manufacturers bullish on future, ‘record optimism’”

“In a stunning turnaround sparked by the improving economy and last December’s tax cuts, over 95 percent of manufacturers have turned bullish about their future, an all-time record. A new survey from the National Association of Manufacturers found that 95.1 … Continue reading

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Good News: “[US] Millennials moving out of Mom and Dad’s place, study shows”

“Last year, 31.5 percent of that age cohort were living with Mom and Dad, down slightly from more than 32 percent in 2016. While still higher than the long-term average of under 28 percent, it’s a downward trend the firm … Continue reading

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“U.S. Jobless Claims Fall for Fourth Consecutive Week”

“The number of Americans filing applications for new unemployment benefits fell for the fourth straight week in mid-June, signaling continued strength in the labor market. Initial jobless claims, a proxy for layoffs across the U.S., declined by 3,000 to a … Continue reading

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Good News: “[U.S.] Disability Applications Plunge as the Economy Strengthens”

“The drop is so significant that the agency has revised its estimates of how long the program will continue to be financially secure. This month, the government announced that the program would not run out of money until 2032, four … Continue reading

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[General Electric] “GE Drops Out of the Dow After More Than a Century”

“General Electric Co. will drop out of the Dow Jones Industrial Average next week, a milestone in the decline of a firm that once ranked among the mightiest of blue-chips and was a pillar of the U.S. economy… GE shares … Continue reading

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“China cuts US investments by 92% amid escalating trade war”

“The US market saw a significant plunge in investment from China in the first five months of the year amid a growing trade row between the world’s two largest economies. Chinese investments totaled $1.8 billion from January through May, representing … Continue reading

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