Inflation spooked the nation in the early 1980s. It surged and kept rising until it topped 13 percent. These days, inflation is much lower. Yet to many Americans, it feels worse now. And for a good reason: Their income has been even flatter than inflation. Back in the ’80′s, the money people made typically more [...]
NEW YORK (Reuters) – Private employers unexpectedly cut 39,000 jobs in September after an upwardly revised gain of 10,000 in August, a report by a payrolls processor showed on Wednesday. The August figure was originally reported as a loss of 10,000. The median of estimates from 38 economists surveyed by Reuters for the ADP Employer [...]
It’s rare for small business to drive headlines, but the Small Business Jobs Act, passed by Congress last week, has brought the sometimes yawn-inducing and often misunderstood sector to the front pages. Heavy on lending and tax provisions, the legislation has been touted as a means to spur job growth. But the bill is actually [...]
With the economy flagging and polls showing his party is likely to suffer a big setback in the midterm elections, President Obama is trying to stimulate the economy…again. Over the Labor Day weekend, President Obama announced plans for a $50 billion infrastructure package and an extension of the research and development tax credit. This week, [...]
by P. Parameswaran – Thu Aug 26, 10:32 am ET WASHINGTON (AFP) – The odds of the US economy slipping back into recession have risen as new data point to a worsening housing slump and the manufacturing sector slowing markedly amid high unemployment and weak consumer spending. The US government said Wednesday that new homes [...]
The following brief conversation recorded by Skye King, with Andrew Cass, offering insight why each individual must become educated how money works, and how the current banking system will continue to fail, Money Matters with BusinessTM – Skye King from Skye King on Vimeo. As Andrew Cass States, Most people are unaware how money actually [...]
The so-called Bush tax cuts are scheduled to expire at the end of the year. Although some of the cuts retain bipartisan support in Congress and may yet be extended, as of now, Washington has some severe changes in store for you and your family. Higher Tax Rates for All You may have been led [...]
Progress isn’t always…well…progress. Take what we use for our money, for example. Who, today, doesn’t use a “symbolic” form of money, a credit or ATM card, several times a week (not to mention a day)? Those digital transactions, though convenient, don’t actually represent the transfer of physical cash from one hand to another. Instead, and [...]
The economy woes we are still experiencing are still evident today. Imagine having the freedom not to have to worry about going to work, any farther than down the hall next to your children’s playroom, or out to your pool deck everyday with just your laptop and being able to protect yourself from the hyper-inflation [...]
As you read this major events are unfolding across the globe that will directly impact your financial future. In May we watched as Europe’s economy took a grave fall the likes of which it may never recover from. We are officially crossing the line that we have warned about since the inception of WMI in [...]