The U.S. GDP grew to 2.9% in the last quarter of 2017, 0.2 points more than expected and up from the 2.5% annual growth reported in the third quarter. Why it matters: Holiday shopping sales were even higher than originally reported, especially due to jumps in transportation … [Read more...] about U.S. economy grew more than expected in Q4 of 2017
The economy
Anybody see an increase in their paychecks from the Republican taxcut/givaway?
Not many people at all.... The 'bump' the Republicans THOUGHT they would get from hustling us working people has fooled only a few.... The same CNBC All-America Economic Survey for March breaks with other recent polls and has Trump's approval rate dropping 3 % … [Read more...] about Anybody see an increase in their paychecks from the Republican taxcut/givaway?
With the Fed move today…Interest rates are going up….
The Federal Reseve thinks the economy is doing good.... They worry about inflation...So they try to keep a handle on the economy.... Higher interest rates to the big guys mean higher interst rates for us consumers.... The Federal Reserve raised interest rates on Wednesday … [Read more...] about With the Fed move today…Interest rates are going up….
The Toys ‘R’ Us problem isn’t so simple….
It seems that the down fall of the company isn't mosrtly about its retail sales.... It is more about equity companoies trying to loot the company of its assets.... Like a car? Somethings are worth more sold off in pieces than the whole.... The whole in this case … [Read more...] about The Toys ‘R’ Us problem isn’t so simple….
Trump picks CNBC Commentator Larry Kudlow To Be Economic Adviser…
He'd replace Gary Cohn who recently stepped down due to friction against Trump's Foreign Trade policies.... President Trump will make economist Larry Kudlow his next national economic adviser, replacing Gary Cohn, according to a new report. CNBC is reporting that the … [Read more...] about Trump picks CNBC Commentator Larry Kudlow To Be Economic Adviser…