The payrolls at U.S.-based private companies increased less than expected in June at the same time that the number of people in the U.S. who filed for unemployment last week increased unexpectedly. According to a report in Reuters, despite the unexpected increase in unemployment the...
Sluggish wage and job growth hit U.S. small businesses (SMBs) in June, leading to a decline in an index measuring economic health in those areas. According to the Paychex | IHS Markit Small Business Employment Watch, the Small Business Index in June declined to 99.40,...
President Donald Trump’s tax reform — signed into law late last year — was a boon for the stock market, but his tough trade stance is pressuring stocks so far in 2018. According to CNBC, seven of the 16 largest Dow Jones Industrial Average (DJIA) declines this...
The trade war that is playing out on a global scale now is hitting business outlooks — and the worldview of central banks. That downturn in sentiment comes in the wake of tariffs levied back and forth on a plethora of goods across nations, and with...
The huge growth in online shopping is not only keeping inflation at bay, but it is throwing off how inflation is measured. The New York Times, citing research studies, reported that research backs the Federal Reserve’s stance that eCommerce is the reason inflation never hits...
Equities were up. Bonds were down. Investors, by and large, acted the way one might expect amid a jobs report that came in above expectations. The global geopolitical climate remained mixed. Reuters noted Friday (June 1) that the jobs report helped cement expectations of another...
A new survey shows that finance executives are optimistic about the economy, and as a result expect to spend more on travel & entertainment (T&E). “Countries and businesses globally expect continued growth through 2018, with newfound confidence in Europe adding to carryover optimism from 2017...
When it comes to the U.S. economy, households are feeling a little less confident than has been seen previously. The University of Michigan’s readings posted on Friday (May 25) showed a dip from a 14-year peak touched this year. The Wall Street Journal noted that...
Memorial Day weekend is almost upon us, and with it comes the unofficial start of summer. Sure, the solstice isn’t technically for another month or so, some primary school students are still staring down the clock for another few weeks and there are still many, many graduation...
