Browsing Category Economics

This Tirade From United Airlines May Have Sunk Its Stock

Wednesday, April 19, 2017

For the past two years, airline executives have done their share of groveling before analysts, vowing to be more humble in their ambitions to control the skies so as not to deluge the market with additional service when demand isn't there. View post

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Trump takes on outsourcing

Tuesday, April 18, 2017

President Trump plans to sign an executive order on Tuesday meant to rein in abuses in a visa program that lets some companies replace American workers with foreign ones. View post

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How Much Do Americans Owe in Credit Card Debt?

Monday, April 17, 2017

Americans owe a whopping $1 trillion in credit card debt thanks to rising interest rates, according to data from the Federal Reserve. Federal Reserve data released April 7 shows that U.S. consumers owe $1.0004 trillion on credit cards, up 6.2 percent from a year ago and 0.3 percent from January, according to Dow Jones newswires. View post

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Trump comments trigger U.S. dollar

Thursday, April 13, 2017

LONDON, April 13 (Reuters) - The U.S. dollar and Treasury yields slid on Thursday and were on track for their biggest weekly declines this year, after U.S. President Donald Trump said that he would like to see interest rates stay low and that the greenback was too strong. View post

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Mark Cuban’s No. 1 money-saving tip for kids

Monday, April 3, 2017

Mark Cuban is worth more than $3 billion today, but the tech investor and owner of the Dallas Mavericks wasn't born into money. He grew up in a working class family in Pittsburgh. His father installed upholstery in cars and his mother worked odd jobs. View post

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Consumer confidence rises to highest since 2000

Tuesday, March 28, 2017

US consumer confidence spiked to a 16-year high in March, according to the Conference Board's monthly survey. View post

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