Category Archives: Economics

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

Good News: “Jobless Claims in U.S. Plunge to Lowest Weekly Tally Since 1973”

“U.S. filings for unemployment benefits plummeted to the lowest level in almost 45 years in a sign the job market will tighten further in 2018, Labor Department figures showed Thursday.” https://www.bloomberg.com/news/articles/2018-01-18/jobless-claims-in-u-s-plunge-to-lowest-weekly-tally-since-1973 Advertisements

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Trump VS Amazon: Calls for internet tax

“President Donald Trump repeated an earlier call for an internet tax, in a thinly veiled shot at Amazon‘s Jeff Bezos, who owns The Washington Post…” https://www.cnbc.com/2018/01/11/trump-hits-amazon-with-another-internet-tax-threat.html

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[U.S.] “Wal-Mart Raises Hourly Wage to $11 in Wake of Tax Overhaul”

“Wal-Mart Stores Inc. is boosting its starting hourly wage to $11 and delivering bonuses to employees, capitalizing on the U.S. tax overhaul to stay competitive in a tightening labor market. The increase takes effect next month and will cost $300 … Continue reading

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[U.S.] Price of cable up as more people cut cord

“Cable and satellite TV providers are ringing in the new year with an unwelcome gift: higher cable bills. Comcast, for instance, says customer bills will rise 2.2 percent, on average, in 2018. AT&T is raising DirecTV’s prices by up to … Continue reading

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Good News: “Federal Government Cut 16,000 Jobs in 2017”

“The federal government employed 16,000 fewer people in December 2017 than it did in December 2016, according to data released today by the Bureau of Labor Statistics. State governments employed 19,000 fewer people in December 2017 than they did in … Continue reading

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Good News: “Food stamp recipients down 2 [MILLION] under Trump, USDA figures show”

“Data released by the Department of Agriculture show that the number of participants in the Supplemental Nutrition Assistance Program (SNAP), otherwise known as food stamps, dropped to 42,182,443 for fiscal 2017 – a decline of 2,036,920 from the fiscal 2016 … Continue reading

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Good News: “[U.S.] Black unemployment rate falls to record low”

Black unemployment rate falls to record low The Bureau of Labor Statistics reports 6.8 percent unemployment rate for black workers in December, the lowest in the 45 years the data has been tracked. Unemployment overall was 4.1 percent. https://www.cnbc.com/2018/01/05/black-unemployment-rate-falls-to-record-low.html

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