Money & The Economy
News on Finance, Money, markets and the economy
US IT Job Growth Hits A Wall; Talent Shortage To Blame
The number of IT jobs grew 0.03% sequentially last month to 5,337,000 according to TechServe Alliance, the national trade association…
Read More »Gas Prices Hit Four-Year High, Truck and SUV Sales Not Affected
With the Trump economy in high gear, gas prices reached their highest point in four years in May, with a…
Read More »U.S Treasury Grants Americans Abroad One Year Reprieve From the June 15, 2018 Repatriation Tax Payment
Earlier this week, the U.S. Treasury granted significant relief to Americans abroad subject to the Repatriation tax. According to the…
Read More »Better off Renting? Renters Can Create More Wealth than Buyers in Many U.S. Housing Markets Now
With housing markets around the U.S. nearing the peak in their cycles, renters who reinvest their money have an increasingly…
Read More »Report: Hiring in the oil industry surging
New data from LinkedIn’s June Workforce Report shows increased hiring in the oil and energy sector, impacting oil-centric cities like Houston, TX. This…
Read More »9 out of 10 U.S. Contractors Report Skilled Labor Shortage
Findings from the Q2 2018 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index (Index), released today, show four straight quarters…
Read More »What Your Business Can Learn From DealDash
When you are trying to run a successful modern company you need to think about where you can improve. The…
Read More »More Than Half Of 401(k) Participants Invest In A Single Target-Date Fund
Vanguard reports that more than half of 401(k) participants are now invested in a single target-date fund (TDF), compared to…
Read More »Vail Resorts goes on a shopping spree, buys four ski resorts
Vail Resorts will acquire Triple Peaks, LLC, the parent company of Okemo Mountain Resort in Vermont, Mount Sunapee Resort in New Hampshire,…
Read More »Microsoft to acquire GitHub for $7.5 billion
Microsoft (NASDAQ: MSFT) announced on Monday it has reached an agreement to acquire GitHub, the world’s leading software development platform where…
Read More »223,000 new jobs in May; Unemployment at lowest since 1969
Total nonfarm payroll employment increased by 223,000 in May, and the unemployment rate edged down to 3.8 percent, the lowest…
Read More »US IT Sector Records Fourth Consecutive Month of Job Growth
The U.S. information technology (IT) sector added an estimated 8,700 new jobs in May, the fourth consecutive month of employment…
Read More »Strong late cycle job growth trend shows more signs of boosting wages
The US labor market continues to tighten as the creation of 223,000 jobs in May helped drive the unemployment rate…
Read More »Trump Effect: Manufacturing sector continues expansion in May
New Orders, Production, and Employment Growing Supplier Deliveries Slowing at Faster Rate; Backlog Growing Raw Materials Inventories Growing; Customers’ Inventories…
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