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News & Updates

September 13, 2017 Census Bureau: Median Incomes Rose And Poverty Levels Fell In 2016

Source: NPR

There's good news on three primary U.S. economic benchmarks: the poverty rate, income level and number of people covered by health insurance.

September 13, 2017 JPMorgan's Dimon says bitcoin 'is a fraud'

Source: Reuters

Bitcoin “is a fraud” and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co (JPM.N), said on Tuesday.

September 12, 2017 Lawsuits against Equifax pile up after massive data breach

Source: Reuters

More than 30 lawsuits have been filed in the United States against Equifax Inc (EFX.N) after the credit reporting company said thieves may have stolen personal information for 143 million Americans in one of the largest hackings...

September 12, 2017 S&P 500 chalks up record high as fear gives way

Source: Reuters

The S&P 500 surged over 1 percent to a record high close on Monday as tropical storm Irma caused less damage than expected in Florida, and after North Korea did not test-fire missiles over the weekend, which some had feared.

September 12, 2017 GOP lawmakers jittery over lack of tax reform details

Source: Politico

ongressional Republicans came back to Washington ready and eager to work on tax reform, but they’re still missing one important thing: a plan.

September 12, 2017 Dollar attempts to claw back from 2017 nadir

Source: Market Watch

The dollar strengthened against most of its rivals on Monday, climbing back from its deepest weekly drop in two months as renewed interest in riskier assets benefited the U.S. unit.

September 12, 2017 8 cities fit for Amazon's second headquarters

Source: CNN

When Amazon announced plans to open a second headquarters in North America last week, cities were quick to express interest in hosting its new facilities.

September 12, 2017 Nordstrom Is Opening a Store That Will Serve Beer but Won’t Stock Clothes

Source: Fortune

The upscale department store on Monday announced that it was opening a tiny 3,000 square foot store—a small fraction of its typical 140,000 square-foot emporia—in Los Angeles that will not carry any clothing merchandise but...

September 12, 2017 Bitcoin price falls again on reports that China is shutting down local exchanges

Source: CNBC

Initial reports from Chinese media that the government plans to close down domestic cryptocurrency exchanges have seen the virtual coin shed more than $100 since Friday.

September 12, 2017 Harvey and Irma to Slow US Economy but Rebound Should Follow

Source: US News

WASHINGTON — With businesses disrupted, fuel and chemical refineries out of commission and consumers struggling to restore their lives, Hurricanes Harvey and Irma will likely pack a tough double-whammy for the U.S. economy.

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