Business

U.S. 16 hours ago

U.S. consumer confidence improved in July, reaching nearly the highest level in a decade, stated the University of Michigan's monthly survey.  The Michigan Consumer Sentiment Index (MCSI) is a monthly survey of U.S. consumer confidence levels ...

Business 07/19/2019

Major business organizations have raised their voices to criticize the Democrat-controlled House right after it passed a bill to raise the federal minimum wage from current level of $7.25 to $15 per hour by 2025. The ...

U.S. 07/17/2019

After waiting so long for any session of congress to have bipartisan consensus, the American public saw the U.S. Senate open a hearing today with tough questions and criticisms of Facebook's ambitious plan to create ...

Business 07/16/2019

Treasury Secretary Steven Mnuchin said lawmakers need to increase the debt ceiling this month to avert any risk of default on obligations like bond payments. Speaking to reporters at a White House news briefing on Monday, ...

U.S. 07/15/2019

CNN's ratings plummeted further in the second quarter of 2019 according to data compiled by Nielsen Media Research.  CNN's average viewers in the second quarter of 2019 fell 18 percent from the same period last year, ...

U.S. 07/12/2019

Dow Jones Industrial Average hit 27,000 for the first time in its history on Thursday. The S&P 500 index also hit another all-time high. President Trump welcomed the good news, tweeting: "Dow just hit 27,000 for ...

U.S. 07/12/2019

President Trump on Thursday, July 11, blasted bitcoin and other cryptocurrencies, including Facebook's newly announced digital currency Libra, saying "I am not fan," amid rising concerns over new forms of currencies from lawmakers and regulators.  The ...

U.S. 07/11/2019

Federal Reserve Chairman Jerome Powell has reinforced prospects for a rate cut for the first time in a decade, saying some potential factors weighing on the U.S. economy remain hanging. Testifying before the House Financial Services ...

Politics 07/10/2019

A study released on Monday by the nonpartisan Congressional Budget Office (CBO) indicated the possible elimination of 1.3 million jobs by 2025 if the Democrats’ $15 minimum wage bill is enacted. In the report, the ...

U.S. 07/09/2019

President Donald Trump said Tuesday the United States cannot accept high tariffs from India, repeating a warning made before he met Prime Minister Narendra Modi at the G-20 summit in Japan. “India has long had a ...