Archive for January 7th, 2018

For President Trump, a lot is riding on the economy in 2018. If it continues to do well, it should bolster his popularity and his claim that he understands it better than his critics. But if it slows or drops into a recession, it would weaken that claim perhaps his strongest selling point.
So, whats the economic prognosis?
First, the usual caveat: Presidents have only limited influence over the business cycle, which is heavily driven by outside events, past policies and the Federal Reserve. No matter. People still tend to credit or blame the sitting president for the economys…

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Lets stop kicking around immigrants, and instead recognize that three big reasons exist to love immigrants when it comes to the U.S. economy. As the broad numbers show, immigrants have higher rates of labor force participation, employment and entrepreneurship than the native born.
As noted in the latest jobs report from the U.S. Bureau of Labor Statistics, among the total foreign-born civilian noninstitutional population, 65.3 percent were participating in the labor force (i.e., employed or seeking a job) in December 2017. That compared to 61.9 percent among the native born.
Broken out by…

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<p>The notion of Amazon buying Target was raised earlier this week by influential tech investor Gene Munster, who predicted in an online post that Amazon would pay $41 billion to purchase Target in the next 12 months.</p>

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History says that a stock market that rises in January tends to finish the full year in the plus column.

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<p>Hackers can gain access to your computer monitor</p>

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One lucky winner in Florida will take home Friday's jackpot. But the final prize will be much less after taxes.

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Many retailers are still struggling to manage their inventory despite new tools to manage inventory and anticipate demand.

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Japanese air bag maker Takata is recalling an additional 3.3 million faulty air bag inflators as it expands the largest automotive recall in U.S. history.

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