Category: Economic News
Economic News
Economic News
Morgan Stanley Warns Larger Stock Slide Could Be Coming
Despite the apparent rebound the stock market at large has seen so far this week, it might not be the time to celebrate just yet. If some spectators are to be believed, there could be even bumpier days ahead as inflation concerns and other factors threaten both the stock and bonds markets. Put simply, strap yourself in.
Economic News
How Much Will Consumers Spend on Valentine's Day This Year?
Although we may not have needed a study to tell us that Valentine's Day festivities can get expensive, seeing the actual figures is always fascinating. In the grand scheme of things, $144 might not be a ton but the $19.6 billion figure is pretty staggering.
Economic News
Inflation Worries Hit Wall Street as Dow Falls
Although this week has been rocky for investors (tip: don't check your retirement accounts right now), this pullback has been a long time coming. Addititionally it's still arguable whether this sell-off truly qualifies as a meltdown as guesses as to where we go from here are dime a dozen. So while the market is now remembering what volatility feels like, it's nothing we haven't experienced before and made it out...
Economic News
Buffet, Bezos, and Dimon Plan to Form Health Insurance Company
The debate over healthcare in America took an interesting turn this morning as executives from three major corporations announced their intentions to get into the healthcare industry. Jeff Bezos of Amazon, Warren Buffet of Berkshire Hathaway, and Jamie Dimon of JPMorgan Chase say they're joining forces to create a better healthcare alternative for their employees. While details are sparse at this time, as Yahoo Finance reports, word of this formation alone was...
Economic News
Multiple Businesses Announce Bonuses, Wage Increases Citing Tax Bill
That said there's no denying that these bonuses will certainly help out a number of workers, even if it is likely only a temporary fix. In any case there's no doubt that we will see the debate over whether this latest tax bill is functioning as intended for quite some time.
Economic News
United Wants to Match Low-Cost Carriers on Price
Yesterday our contributor Kyle took a look at the business model of Allegiant Air including the unique elements that allow them to offer such low fares. Incidentally, if United Airlines has anything to say about it, Allegiant's fare-cutting measures could be the norm soon enough. As CNN Money reports, United Continental's president Scott Kirby announced yesterday that he intends to take on the discount carriers of the world, saying, "The best way...
Economic News
