The BEA released the Personal Income and Outlays report for April: Personal income increased $69.8 billion, or 0.4 percent …in April, according to the Bureau of Economic Analysis.Personal consumption expenditures (PCE) increased $119.2 billion, or 1.0 percent….Real PCE — PCE adjusted to remove price changes — increased 0.6 percent in April, in contrast to […]
Curated investment news geared towards not just investing in gold, but investments of all kinds. Will still contain information on; gold and silver, gold IRA, gold IRA Rollover, gold bullion, and gold investment.
Earlier today, the Census Bureau reported that overall construction spending decreased 1.8% in April compared to March:The U.S. Census Bureau of the Department of Commerce announced today that construction spending during April 2016 was estimated at a seasonally adjusted annual rate of $1,133.9 billion, 1.8 percent below the revised March estimate of $1,155.1 billion. […]
The rules come into effect this December, and mean that millions more workers will be entitled to overtime pay if they work more than a 40-hour week. The millennial-bashing survey respondent continued: The Department of Labor must realize that if we are supposed to pay them overtime for work they should do during […]
HONG KONG International oil prices rose to their highest levels in six months on Thursday, as the recent decline in U.S. crude stocks raised expectations for a tightening in the market amid lower global supply. Brent LCON6, +0.68%, the international benchmark for oil, rose 30 cents to $50.04 a barrel in morning Asian trade, […]
REUTERS/Ralph OrlowskiGoldman Sachs doesn’t find stocks appealing anymore. In a note Tuesday, the firm downgraded equities to “Neutral” over the next year. “Until we see sustained earnings growth, equities do not look attractive, especially on a risk-adjusted basis,” wrote Christian Mueller-Glissmann, an equity strategist. “We expect particularly poor returns in dollar terms, with our […]
CNNMark Cuban thinks stocks could collapse into a bear market ifDonald Trumpbecomes US president. The investor and reality-TV star told CNN on Monday that stocks could fall 20% if the presumptive Republican nominee wins in November. He said investors would not be able to put up with the uncertainty attached to a Trump presidency. […]