Just a quick note on whether the Fed should raise interest rates later this year. One concern that many observers have with the Fed tightening is that nominal wage growth has yet to show any signs of accelerating. They often point to the employment cost index which only shows modest nominal income growth. Show More Summary
The latest wet kiss from the business press thrown the Obama administration's way came from Martin Crutsinger at the Associated Press, aka the Administration's Press, late this afternoon. Crutsinger, continuing to richly earn the "Worst...Show More Summary
No surprise here: decelerating economic growth and bad debt are taking a toll on profitability at China’s largest banks leading them to slash payouts to shareholders. This comes at a time when rate cuts are increasingly likely to eat away at NIM, effectively squeezing banks from both sides. Show More Summary
Over the past 2 years the Obama administration has been desperate to boost minimum wages, usually over tedious bickering with republicans and corporations who have resisted such an increase, with neither party realizing that such a measure would not do much to actually boost aggregate spending. Show More Summary
This week, Freelancers Union is hiring a blog and community manager, while The Wirecutter needs a growth editor. Major League Soccer is seeking a senior director of media, and CurtCo Robb Media is looking for a social media manager.Show More Summary
Indices S&P 500 2,061.02 -2.23% DJIA 17,712.66 -2.29% NASDAQ 4,891.22 -2.70% Russell 2000 1,240.41 -2.05% S&P 500 High Beta 34.13 -2.51% Goldman 50 Most Shorted 133.66 -3.36% Wilshire 5000 21,613.67 -2.19% Russell 1000 Growth 992.04Show More Summary
A series of disappointing economic data has analysts dropping estimates and experiencing bouts of deja vu
In a race to sell the world its weapons, especially in new markets like Africa, Russia isn't far behind the U.S., and China is surging. One of the features of the 21st century, particularly since the 2008 financial crisis, has been the increasing number of rankings in which the United States is no longer number one. Show More Summary
The final revision of 4th Quarter GDP for 2014 was unchanged at 2.2% annualized growth. The GDP price index was unrevised at 0.1. Corporate profits in the 4th quarter of 2014 came in at $1.838 trillion, up 2.9%, compared to the 3rd quarter’s 5.9% increase. The University of Michigan’s consumer sentiment index rose 1.8 points […]
Traders shrug off disappointing growth news to book positive finish to the week.
Today's comic by Mark Fiore is Imagine Republican dough: What's coming up on Sunday Kos... NRA targets Loretta Lynch, by Denise Oliver Velez Just how many elected officials are there in the United States? The answer is mind-blowing,Show More Summary
E!’s first original scripted series, “The Royals,” showed growth in its second episode on Sunday, March 23
At last, Manhattan's so uncool it's almost cool. According to recent census population estimates, the borough's population growth has slowed down over the past few years, and far more people are fleeing Manhattan now than before, though the ones that stay seem to allow their children to purchase real estate for them. [ more › ]
Christianity Christians Evangelicals Bible You have all heard the term- ‘Islamophobia’ from a willing media that continues to be concerned about the growth of negative opinion against Islam and possible discrimination against the adherents...Show More Summary
Etsy's path to its IPO has been about tremendous user growth. Etsy currently has 20 million active buyers and 1.4 million active sellers, from which it pulled in close to $200 million in revenue last year. But for Etsy to succeed asShow More Summary
It's been settled: wage growth is here. In his latest monthly chart book, Deutsche Bank's Torsten Sløk includes these six slides, which capture the coming growth in wages, which is the most important trend in the economy. Since the financial crisis, wage growth and inflation have been subdued. Show More Summary
``After-tax corporate profits declined at a 1.6 percent rate last quarter after increasing at a 4.7 percent pace in the third quarter. Corporate profits from outside the United States fell at an 8.8 percent rate, the steepest decline since the 2007-2009 recession... Show More Summary
Once a business is established and out of the starting blocks, a small business owner must prepare for growth—and success—by focusing on five basic principles. The post 5 Growth Tips to Get Your Business Headed in the Right Direction appeared first on AllBusiness.com.
“The welcome emergence of London as possibly the leading creative industry hub in the world has disguised the lack of equivalent growth outside London, and this situation should be addressed by government as a priority,” it conclude...