What should we expect from the US economy in 2021? Former JPMorgan Chase chief economist Anthony Chan and First Trust Advisors chief economist Brian Wesbury weigh in on the state of the U.S. economy and what is needed for economic growth in 2021. Washington state’s richest residents — including Jeff Bezos and Bill Gates — would pay a wealth tax […]
Read more‘Jobs will be lost’ if Biden increases minimum wage: Expert Quill Intelligence LLC CEO and chief strategist Danielle DiMartino Booth and Walser Wealth Management president Rebecca Walser on the Fed’s economic policy and President Biden increasing minimum wage. The U.S. economy added 49,000 jobs in January, rebounding from a surprise employment decline in December as a slowdown in COVID-19 cases nationwide allowed states to ease lockdown measures on […]
Read moreWhen the coronavirus pandemic began and travel ground to a halt, credit card issuers rushed to offer new and different rewards and perks to match changing consumer spending. Now, American Express has announced another suite of perks for some of its co-branded credit cards. Key Takeaways The new offers have gone out on Delta SkyMiles, Hilton Honors, and Marriott Bonvoy […]
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More On: jobs report Bad jobs news should help Joe Biden focus on getting US economy moving again US loses jobs for first time since April amid new COVID lockdowns November jobs report shows slower-than-expected numbers US adds 638K jobs in October as COVID recovery slows The US economy added 49,000 jobs in January as the labor market rebounded from […]
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More On: tesla Elon Musk takes a break from Twitter after market-moving posts Ex-staffer being sued by Tesla denies he stole massive cache of code days after starting work Elon Musk says he’ll award $100M to the best carbon capture technology Hedge-fund tycoon says investors are like frogs slowly boiling in a pot After initially refusing a request from US […]
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Restaurant doors may be closed but chefs are boxing clever. Takeaways have evolved into home-delivery kits, and chefs who may never have envisioned their food being reheated and plated up outside of their restaurants are now packing and sending meals to homes all over the country. These kits – a lifeline for an industry hit hard by the coronavirus pandemic […]
Read moreHome equity loans are proving popular during the pandemic. Now, with interest rates low, it could be time to refinance into a lower loan payment. (iStock) Many American homeowners are turning to home equity loans during the pandemic to improve the value of their properties. With interest rates still low, the temptation now is to leverage historically low rates and […]
Read moreAnother round of stimulus will have ‘simulative impact’ on economy: Ed Yardeni Yardeni Research president Ed Yardeni on his outlook for the U.S. economy throughout 2021 with the Biden administration giving out more stimulus money. The Internal Revenue Service is essentially done sending stimulus checks, but if you didn't receive your fully promised payment, don't fret — there's a quick fix. Continue Reading […]
Read moreGerman consumer confidence is set to deteriorate in February under the strict lockdown restrictions, survey results from the market research group GfK showed on Wednesday. The forward-looking consumer sentiment index dropped 8.1 points to -15.6 in February from -7.5 in January. The expected reading was -7.9. “The closure of the restaurant trade and large portions of the retail sector in […]
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