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Author Archives: Carl Fox

Carl Fox is the money and finance editor for Conservative Daily News. Follow him in the "Money & The Economy" section at CDN and see his posts on the "Junior Economists" Facebook page.

Truck Tonnage Index Increased 2.2% in April, 9.5% year-over-year

semi trucks freight

All of the recent economic indicators, current and forward-looking have demonstrated that the Trump administration’s America First agenda is having a very positive impact on the lives of American workers. Now, the American Trucking Association indicates that it saw a 2.2% increase in freight tonnage hauled in April over the previous month and a 9.5% over last April indicating increasing ...

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Trump Effect: U.S. CEOs’ Confidence Soars As Hunt For Sustained Growth Continues

Lynne Doughtie, KPMG US Chairman and CEO

U.S. chief executives are highly confident in the growth prospects for their companies over the next three years and will focus on M&A and collaborative efforts such as accelerator or incubator programs for startup firms to achieve sustained growth, according to a study released today by KPMG LLP, the U.S. audit, tax, and advisory firm. Experience the interactive Multichannel News ...

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Poll: Voters Want Congress to Apply the Brakes on Driverless Cars; 74% Would Not Ride in Them

Watch Googles Waymo car service to hit the street with no one in the drivers seat

As Americans Hit the Road for Memorial Day driving their own cars, voters surveyed in four states have serious safety and privacy concerns when it comes to driverless car technology and want Congress to apply the brakes to robot car technology until it is proven safe, according to public opinion poll conducted for Consumer Watchdog released today. The poll, conducted ...

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Top Reasons Millennials Enjoy Working in the Skilled Trades: Problem Solving, Working with Your Hands and Job Security

A new survey highlights when and why millennials are entering the industry. The Klein Tools survey also explores how employers can attract the next generation to the trades in order to end the labor shortage that our nation is facing today. Age and Reason Electricians are Entering the Industry Results showed that more than half of millennial electricians, 57 percent, entered ...

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Increasing Number Of Professionals Can’t Unplug On Vacation

Majority of workers (56 percent) connect with the office during break Professionals in New York, Charlotte, Los Angeles, Miami and Seattle check in the most; Cleveland and Minneapolis the least Seven in 10 millennials check in with the office, while majority of workers ages 55 and older fully disconnect on holiday Employees plan to take an average of 9 days ...

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Five Dropshipping Tips for New Business Owners

Dropshipping

For new online shop owners, they considered dropshipping as one of the best business models. Simply because a dropship store is very easy to start, low cost, offer lower risks, and it is highly automated. As a matter of fact, Google Trends has recently revealed that dropshipping became more popular and lots of dropshipping companies, as well as suppliers like ...

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If you have accounts at Bank of America or Citibank, you are supporting the anti-gun movement

Bank of America

I had a checking, savings and credit card account at Bank of America – not anymore. Bank of America will no longer lend to companies that make modern sporting rifles and Citigroup won’t service any retailer that sells “high-capacity” magazines -or- that sells firearms to anyone under 21. Democrats and the anti-gun looney left applauded the move – gun owners, ...

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New Construction Starts in April Pull Back 13 Percent

The value of new construction starts in April fell 13% from the previous month to a seasonally adjusted annual rate of $674.3 billion, according to Dodge Data & Analytics.  The decline follows the 11% gain reported for March, which was the highest level of construction starts over the preceding six months.  The loss of momentum in April was widespread, involving each ...

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Medical Robotic Systems Market to Become Worth US$ 25.7 Billion by 2025

Surgical Robot

According to a report, the global medical robotic systems market was valued at US$ 6,458.0 Mn in 2017 and is projected to expand at a CAGR of 18.9% from 2018 to 2026. Increase in adoption and demand for surgical robots and rise in the number of products receiving regulatory approval are expected to boost the global medical robotic systems market from 2018 to 2026. ...

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U.S. Millennials Most Likely to Take & Spend More on Vacations This Year, Next

Vacation Travel

Millennials are more likely than older Americans to take a vacation this summer than last summer, based on their household finances, according to a new survey from Travelport (NYSE: TVPT), the leading Travel Commerce Platform. The 2018 Travelport U.S. Vacation Survey of approximately 1500 U.S. residents reveals Millennials (ages 18-34 years old) are most likely to spend more on their upcoming vacations ...

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Gig Economy May Replace Retirement for Many

Gig economy

Today, more than one in three U.S. workers are freelancers — and this figure is expected to grow to 40 percent by 2020. Increasingly, workers are eschewing or supplementing the traditional “nine-to-five” career with independent or temporary work, but these gig workers face daunting challenges preparing for retirement. This shift in the workforce and the implications it has on gig economy ...

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The Future of Gold

gold as legal tender

The World Gold Council today launched a one-off essay collection, Gold 2048, bringing together industry-leading experts from across the globe to analyse how the gold market is set to evolve in the next 30 years. Key conclusions emerging from authors such as George Magnus, senior economist; Rick Lacaille, Global Chief Investment Officer of State Street Global Advisors; and Michelle Ash, Chief Innovation Officer ...

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China On Course To Overtake USA As World’s Leading Source Of Foreign Trademark Applications By 2020

China is on course to overtake the USA as the world’s leading source of foreign trademark applications by 2020 according to new research released today by CompuMark, the industry leader in trademark research and protection solutions. Trademark-filing trends are a powerful indicator of economic activity. In the past two years alone, the number of Chinese trademark applications to foreign registers has doubled, with ...

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Trump Effect: College Hiring Outlook Strongest in More than a Decade

80 percent of employers say they plan to hire college graduates this year, up from 74 percent last year Nearly half of employers plan to increase the starting salaries they offer to recent graduates CareerBuilder data shows college graduates are making mistakes that are preventing them from getting jobs Business, engineering, and computer and information sciences among most sought-after majors ...

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Home sales increase 2.3% despite shrinking inventory, higher prices

economy going up

Home sales increased 2.3% year-over-year in April 2018 in the face of record low inventory and the second-highest median sales price in the nine-year history of the RE/MAX National Housing Report. In April, San Francisco, CA reached a new benchmark surpassing $1 million for the metro area’s median sales price. Eight other metro areas including Las Vegas, NV, Seattle, WA and Boise ID saw large double-digit price increases from just a year ago. ...

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