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Trump Effect: U.S. Leading Economic Indices Continue to Rise

economy going up

The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.6 percent in December to 107.0 (2016 = 100), following a 0.5 percent increase in November, and a 1.3 percent increase in October. “The U.S. LEI continued rising rapidly in December, pointing to a continuation of strong economic growth in the first half of 2018. The passing of the tax plan is ...

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72 Percent Of HR Managers Think The Day After The Big Football Game Should Be A Work Holiday

A new survey shows that 72 percent of HR managers think the day after the NFL championship game should be a paid national holiday from work. That may not be a bad idea considering more than one-quarter of employees (27 percent) admitted they’ve called in sick or made an excuse for skipping work following a major sporting event, such as ...

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High College Costs Driven By Deceptive Accounting Practices

why-is-college-so-expensive

  by Andrew Kerr Widespread use of an accounting trick at public universities may be artificially driving up the reported cost of an undergraduate education, The Daily Caller News Foundation has learned. Policymakers at the federal and state level rely on financial data collected by the Department of Education from about 7,500 colleges and universities for use in drafting sound ...

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4 Important Things You Need to Know About Debt Management Plans

Are you swimming in an endless sea of debt and want a way out? Scheduling consultations with debt consolidation companies is a great way to figure out what you can do to reduce the amount of money and payments you have to make each month. Generally, these agencies will work on your behalf to combine and reduce the various debts ...

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Thanks to Trump, Apple discovers that America has workers too

Apple logo

After a decade of keeping profits overseas and outsourcing in Asian countries, Apple has suddenly discovered America’s workforce – thanks to President Trump’s domestic policies. The world’s most valuable publicly traded company laid out its plans Wednesday in a statement that was full of big-dollar figures, though it said that much of the money reflected Apple’s current pace of spending. ...

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U.S. Foreclosure Activity Drops To 12-Year Low In 2017

Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 676,535 U.S. properties in 2017, down 27 percent from 2016 and down 76 percent from a peak of nearly 2.9 million in 2010 to the lowest level since 2005, according to ATTOM a national property database. The U.S. foreclosure rate in 2017 was 0.51 percent of ...

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Trump Effect: Holiday retail sales exceed forecast; year ahead looks ‘very good’

Holiday shopping

Holiday sales during November and December increased 5.5 percent over the same period in 2016 to $691.9 billion as growing wages, stronger employment and higher confidence led consumers to spend more than had been expected, the National Retail Federation said today. The number, which excludes restaurants, automobile dealers and gasoline stations, includes $138.4 billion in online and other non-store sales, ...

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Internet Sales Tax Probably Coming Thanks To The Supreme Court

Internet sales tax

  by Kevin Daley The Supreme Court will decide whether to expand the power of the states to collect sales tax from online sales, which could precipitate a vast increase in internet sales tax. The justices announced Friday that they will take a challenge to a 1992 precedent which allows states to collect sales taxes only from those companies with a physical ...

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Tips to Help You Get Out of a Debt Trap

Credit cards

A huge number of people these days find themselves trapped in an unenviable position purely due to the level of debt they are in. Debt can have a huge negative impact on your life, leaving you unable to do the things you want and in some cases unable to cope with day to day requirements such as buying food or ...

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Trump Effect: December Jobs Numbers BLOWOUT

ADP report Dec-2018

The private sector hired in December many more workers than analysts had expected according to a Thursday report from ADP. Business hired 250,000 new workers in the last month of the year, beating expectations of 190,000. The job surge came as strong holiday sales fueled retailers and logistics companies to hire and the increased revenue flows into the economy made ...

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They said Trump couldn’t reinvigorate coal industry – Did he?

Donald Trump Digs Coal

Experts said that President Donald Trump could not reinvigorate the coal industry with his deregulatory agenda – they were wrong. The Economist tweeted that “There is no reason to expect that Donald Trump’s decision will invigorate coal mining, as he claims it will” There is no reason to expect that Donald Trump's decision will invigorate coal mining, as he claims ...

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4 Tips on Improving Your Credit Score

Credit cards

Acquiring things in life will take a lot of work. When the time comes to buy a home or a car, you will need to find a way to get approved for a loan. The first thing a lender will look at when trying to decide on whether or not to give you a loan is your credit report. If ...

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Dems Claim GOP Tax Bill Killing Charities; December Donations Tell Different Story

SportClipsVFWHelpAHeroScholarshipDonation

  by Robert Donachie Nonprofits and other charitable organizations are seeing a significant uptick in donations this December, a phenomenon that many are attributing to changes the Republican tax bill will bring in 2018. A handful of nonprofits and charitable entities are reporting record donations in December, with some seeing nearly double the donation levels of typical Decembers, The Wall ...

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Trump Effect: Retailers ring up best Christmas … EVER in 2017

Holiday shopping

Mastercard SpendingPulse today reports that holiday sales increased 4.9 percent this year, setting a new record for dollars spent. This is the largest year-over-year increase since 2011 and a further indication of consumer confidence. Online shopping also saw large gains of 18.1 percent compared to 2016, boosted by a late-season rally. The SpendingPulse report details holiday shopping from November 1 ...

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