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Money & The Economy

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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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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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Trade talks: China to substantially reduce U.S. trade deficit

China Shipping Tanker

A U.S. – China trade delegates met in Washington, D.C. and agreed that China would take “effective measures to substantially reduce the United States trade deficit” with the large Asian nation. “To meet the growing consumption needs of the Chinese people and the need for high-quality economic development, China will significantly increase purchases of United States goods and services. This ...

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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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EU Leaders Say They’ll Work With Trump To Open Up Markets To US Products

Europe-break-up1

  by Will Racke Leaders from several European Union countries said Thursday they’re ready to negotiate with Washington on opening up their markets to more U.S. exports in exchange for a blanket exemption on industrial tariffs. At an EU-Western Balkans summit in Sofia, Bulgaria, leaders settled on several areas where they would be willing accommodate President Donald Trump’s administration, on ...

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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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2018 Growth Forecast Holds But 2019 Gets Modest Downgrade

The forecast for 2018 full-year growth remains unchanged at 2.7 percent, according to the Fannie Mae Economic and Strategic Research Group’s May 2018 Economic and Housing Outlook. However, 2019 economic growth was downgraded to 2.3 percent due to the expectation of fading fiscal stimulus and a tightening labor market. “We remain confident that, despite a first-quarter hiccup, economic growth will pick up ...

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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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