Category: Investing

Get the latest news and tips on investing from the perspective of entrepreneurs, side hustlers, and small business owners.  You may not have a million dollar stock or cybercurrency portfolio today but that doesn’t mean investing isn’t important to you. We’re here to help.

What the Dow Hitting 20,000 Really Means

Last week the Dow Jones Industrial Average reached a new milestone, surpassing 20,000 for the first time ever. This achievement was quickly heralded by observers (who had been eyeing it for weeks following some close calls) as well as by President Trump who said he was "very honored" by the accomplishment. At the same time many have pondered whether the fanfare surrounding the event may be a bit overblown.So what does...

With Trump in Charge, Are Import Tariffs Coming Soon?

As we all know this past year Donald Trump embarked on a historic campaign that defied all odds and ended with him assuming the title of President-Elect of the United States. Along the trail, when he wasn't talking about other top issues such as immigration, Trump was railing against foreign countries that take advantage of us through trade and companies that leave the U.S. to take advantage of lower labor...

With Interest Rates Poised to Raise, What Will Change?

There may still be several uncertainties when it comes to the impending presidency of Donald Trump but the market is already responding. Since Trump's victories in Pennsylvania and other key state states that made him the President Elect, mortgage rates, bonds, and the dollar have all risen significantly and stocks have rallied well beyond their election night selloff. On top of that the Federal Reserve is widely expected to not only...

October Jobs Report Arrives Ahead of Election Day

As the Washington Post reports, the final jobs report that will be released before the 2016 presidential election arrived today, bringing some mostly positive but slightly mixed news. The good: the U.S. economy added 161,000 jobs last month. The bad: that's slightly less than the 173,000 jobs that economists had expected based on the average monthly gains over of the past year. Regardless of the miss, the unemployment rate fell...

Is Universal Basic Income in Our Economic Future?

While scandals, leaks, and temperaments seem to be eating up the majority of the coverage, the state of the economy has still played a big role in the 2016 election cycle. Beyond the usual promises of job growth and better wages there has also been a growing call for what some simply and often mockingly refer to "free stuff" - including candidates like Senator Bernie Sanders and Green Party Presidential...

Median Household Income Back on the Rise in the US

It's been a long road to recovery for the U.S. economy following the banking crisis and recession of the past decade but there are some new reasons to be hopeful. Last year the median household income in the United States rose to $56,516. Not only does that represent a 5.2% lift from 2014 but also marks the first increase the figure has seen since way back in 2007, just before the...

Slowing Restaurant Sales Scaring Some Analysts

Are Americans cutting back on eating out? According to CNN Money they are as Yum! Brands, Starbucks, and McDonalds — which had been on a hot streak since introducing its breakfast all day menu — have also seen slumping sales as of late. While many reasons have been suggested as to why this is, some are more concerned about what it could mean for the economy overall. Restaurants have long been...

Could Glass-Steagall Legislation Make a Comeback?

Back in 1933 a piece of legislation now commonly referred to as the Glass-Steagall Act (named as such for Senator Carter Glass and Congressman Henry B. Steagall) sought to limit the scope of what a single bank could do. Simply put, the bill restricted commercial banks from engaging in the investment side of things and did so for more than 60 years. However the bill was repealed in 1999 with an...