Monthly Archives: June 2019

Bank of America CEO recalls when US ‘society was in pretty rough shape’

Bank of America CEO Brian Moynihan said the U.S. economy is still healthy despite all the uncertainty around trade and tariffs. Continue Reading Below “Access to credit is good, wages are growing, unemployment is at levels that are unprecedented,” he told FOX Business’ Maria Bartiromo during a discussion at the Economic Club of New York on […]

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These states have the best economies in the US: study

Washington state reportedly has the best economy in America, according to a new study. Continue Reading Below The analysis, published by WalletHub on Monday, looked at 28 indicators across three dimensions: economic activity, economic health and innovation potential. Some of those indicators included GDP growth, exports per capita, unemployment, underemployment, growth in number of businesses […]

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Bernie Sanders gears up to press Walmart on worker pay, representation

Independent Vermont Sen. Bernie Sanders will attend the annual Walmart shareholders meeting on Wednesday, where he is expected to press the company to raise wages for its hourly workers. Continue Reading Below Sanders is expected to put forth a proposal to raise the company’s $11 minimum wage. He is also expected to propose allowing hourly […]

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Bank of America CEO: Not expecting Fed rate cut this year

The Federal Reserve is hinting that a possible rate cut could be coming by the end of the year, while traders are betting on the possibility of two. Continue Reading Below But Bank of America CEO Brian Moynihan told FOX Business’ Maria Bartiromo that he doesn’t see it happening, despite the Fed futures prediction cuts […]

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Social Security: What is the best age to begin collecting?

Have you ever wondered how the FICA tax information on your pay stub impacts your future retirement benefits? Continue Reading Below FICA is a payroll tax that funds both Social Security and Medicare, amounting to a 7.65 percent contribution from each paycheck, an amount which your employer matches. It gets deducted from your first paycheck all the […]

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Mexico to begin talks with US on Monday over Trump tariff threat

Mexican Economy Minister Graciela Marquez said on Sunday she will meet with U.S. Commerce Secretary Wilbur Ross on Monday in Washington in the midst of growing trade tensions between the two nations. Continue Reading Below The planned meeting comes as President Trump threatened to impose a 5 percent tariff on all goods imported from Mexico […]

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How Fewer Chinese Grads in the US Will Hurt the Luxury Sector

Student life is often characterized by fastidious saving and bargain buys, but for most of the 370,000 Chinese enrolled in U.S. universities, frugality and cautious spending are of little concern. According to China’s Ministry of Education, 90 percent of students living abroad pay full-tuition using personal or family funds. They belong to China’s affluent second […]

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Antitrust probes of Amazon, Google could force industry shift even without legal action

The Trump administration’s heightened antitrust scrutiny of Amazon and Google could have a wide-reaching impact on the sector even if charges are not brought against two of the largest U.S. technology firms, former government officials, industry experts and attorneys tell FOX Business. Continue Reading Below Click Here: Sports Water Bottle Accessories Shares of both companies were […]

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Social Security benefits: 5 ways to increase your retirement checks

When it comes to preparing for a financially comfortable retirement, you're going to have to plan ahead. Continue Reading Below It's important to take advantage of your Social Security benefits, specifically. In order to boost your retirement income, you don't want to collect too early or make any major life decisions without considering the potential financial toll […]

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IKEA recreates ‘The Simpsons,’ ‘Stranger Things,’ ‘Friends’ living rooms in ad campaign

IKEA is helping people decorate their living rooms to look like the ones seen in “The Simpsons,” “Stranger Things” and “Friends.” Continue Reading Below The Swedish furniture chain launched an ad campaign in the United Arab Emirates that brings to life the iconic living rooms that were featured in the popular TV shows. Titled “IKEA […]

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