Money & The Economy
News on Finance, Money, markets and the economy
Report: Private Sector Employment Increased by 271,000 Jobs in December
Private sector employment increased by 271,000 jobs from November to December according to the December ADP National Employment Report®. Broadly distributed…
Read More »Apple Blames China’s Floundering Economy For Recent Dwindling Holiday Revenue
Apple issued a rare earnings warning Wednesday after the iPhone makers claimed China’s recent economic downturn caused the company’s revenue…
Read More »Tesla’s Stock Takes A Big Hit As The Company Deals With Losing Federal Tax Credits
Tesla’s vehicle deliveries fall well short of Wall Street analysts’ expectations as the Silicon Valley automaker wrestles with the realization…
Read More »Activity Is Plummeting In America’s Biggest Coal Region
The steady decline of the U.S. coal industry is dragging down operations in the country’s biggest coal-producing region: the Powder…
Read More »‘Big Progress Being Made’ In China Trade Negotiations
President Donald Trump announced Saturday that he had a “very good call” with Chinese President Xi Jinping regarding progress on…
Read More »The Booming Job Market Is Leading Teachers To Quit At Record Levels
Public education employees such as teachers and janitors are quitting jobs in record numbers, an uncommon trend in a profession…
Read More »The Most People In Nearly 20 Years Quit Their Jobs For Better Ones In 2018
Roughly 2.4 percent of the Americans in the workforce quit their jobs in the past year, the fastest rate since…
Read More »Dow Has Biggest Point Gain In History
The Dow Jones Industrial Average rose 1,086 points, gaining nearly 5 percent, the biggest point gain in history, Wednesday afternoon after a rough Christmas Day.…
Read More »Trump’s Top Economic Adviser Says Shutdown Won’t Affect Economy
The partial government shutdown initiated after Democrats refused to fund President Donald Trump’s $5.7 billion border wall will not significantly…
Read More »Shell Announces Major Pivot To Green Energy
In what appears to be the next phase in the oil giant’s efforts to decarbonize, Royal Dutch Shell has revealed…
Read More »Dow Has Its Worst Week In Nearly A Decade As Government Shutdown Looms
The stock market ground to halt Friday, sending the Dow Jones Industrial Average to its worst week in nearly 10…
Read More »The US Economy Is Still On Track For Its Strongest Growth Since 2005
The Department of Commerce revised the U.S. economy’s rate of growth in the third quarter of 2018 downward Friday after…
Read More »Nine States Back Environmentalists Trying To Shut Down Search For Oil In Atlantic
Nine states are intervening in a lawsuit against the Trump administration for approving oil and gas companies to search for…
Read More »Marlboro Owners Just Made A $12.8 Billion Cash Deal With Juul
The makers of the cigarette giant Marlboro, Altria Group Inc., just invested $12.8 billion in start-up Juul Labs, giving the…
Read More »Despite Years Of Effort From Activists, Chick-Fil-A Poised To Become Third Biggest Fast Food Joint
Despite heavy criticism from activists, fast food chain Chick-fil-A is projected to become the third largest restaurant chain in the…
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