While the Conference Board says the economy is slowing, Black Friday sales broke records and Cyber Monday sales are expected to do the same.
Stocks bounced higher on Wednesday following Tuesday’s relief rally, responding to another positive employment report from ADP/Moody’s: The economy notched a gain of 227,000 new jobs in October.
The national debt of the United States government jumped by $1.3 trillion during the fiscal year ending September 30, and the U.S. Treasury will issue new debt in the amount of $1.34 trillion.
The trade tariff strategy being implemented by Trump involves patience. For this group of American companies, their patience is wearing thin.
The latest report from the Federal Reserve Bank of New York triggered all manner of financial anxiety: U.S. household debt is at an all-time high, and savings are near an all-time low. How bad is it really?
More and more U.S. companies are using benefits from President Trump’s tax reform program to enhance their employees’ benefits, from paying more of their health insurance premiums to contributing more to their retirement plans.