US Jobless Claims Rise, Unemployment Benefits Increased in June

US Jobless Claims Rise, Unemployment Benefits Increased in June

US Jobless Claims Rise, Unemployment Benefits Increased in June $DIA, $SPY, $QQQ, $VXX The number of Americans filing for unemployment benefits rose last week, but remained below a level associated with a healthy labor market. Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 268,000 for the week ended 25 June, the […]

A Troubling Story: “The US has Become a ‘Renter Nation'”

A Troubling Story: “The US has Become a ‘Renter Nation

A Troubling Story: “The US has Become a ‘Renter Nation’” A troubling story is  playing out across they USA in the 10 years since the housing bubble peaked and burst in a horrific crash. As real estate has risen, homeowners are thriving and renters struggle. For many longtime owners, times are good. They are enjoying […]

Paul Manafort now ‘in Charge’ of Donald Trump’s Presidential Campaign

Paul Manafort now ‘in Charge’ of Donald Trump’s Presidential Campaign

Paul Manafort now ‘in Charge’ of Donald Trump’s Presidential Campaign Paul Manafort is now ‘in Charge’ of Donald Trump’s Presidential campaign after the campaign announced it has parted ways with Corey Lewandowski. “Mr. Trump obviously made a decision this morning,” Barry Bennett said Monday on TV. “I have not yet talked to him about it, […]

Fed’s Economic Downgrade Helps Donald Trump, Hurts Hillary Clinton

Fed’s Economic Downgrade Helps Donald Trump, Hurts Hillary Clinton

Fed’s Economic Downgrade Helps Donald Trump, Hurts Hillary Clinton The FOMC did not (could not) raise interest rates, but it signaled a new turn for the US economy, South. Wednesday, the US Fed downgraded its economic outlook for the rest of this year, which will impact the Presidential election if the forecast is right. In […]

China Expands Opportunities for College Graduates

China Expands Opportunities for College Graduates

China Expands Opportunities for College Graduates Stable economic growth, continued progress in structural reform, and policies supportive of entrepreneurship and employment generation offer new opportunities for college graduates. A survey conducted by education research company MyCOS Institute, released Sunday, showed that the employment rate of college graduates in Y 2015 was 91.7%, in line with […]

Ralph Lauren (NYSE:RL) Cutting about 1,000 Jobs & Closing 50 Stores

Ralph Lauren (NYSE:RL) Cutting about 1,000 Jobs & Closing 50 Stores

Ralph Lauren (NYSE:RL) Cutting about 1,000 Jobs & Closing 50 Stores $RL Ralph Lauren Corp (NYSE:RL). is cutting about 1,000 jobs and closing 50 stores as part of a sweeping plan to lower costs and revive sales growth at the luxury fashion brand. Shares of Ralph Lauren, which also forecast declines in FY (fiscal year)and […]

Janet Yellen’s Remarks Anything But “Dovish”

Janet Yellen’s Remarks Anything But “Dovish”

Janet Yellen’s Remarks Anything But “Dovish” Monday, US Federal Reserve Chairwoman Janet Yellen said  that interest rate hikes are likely on the way because “positive economic forces outweigh the negative” for the United States now that risks from earlier this year have diminished. In Monday’s public comment from any US central banker before a Key […]

Chinese Investment in Latin America is the Key to Regional Growth

Chinese Investment in Latin America is the Key to Regional Growth

Chinese Investment in Latin America is the Key to Regional Growth Chinese investments in Latin America and the Caribbean will be Key to the growth and development of this region, especially for tourism and infrastructure, Colombian academic Jose Reyes Bernal Bellon said in an interview Tuesday. Chinese investments are “an added value that provides a […]

Donald Trump and RNC Begin Fundraising

Donald Trump and RNC Begin Fundraising

Donald Trump and RNC Begin Fundraising Donald Trump and the Republican National Committee (RNC) have sent out their 1st email fundraising pitch, focusing on small donors who contributed to the presumptive nominee’s primary campaign. “Our country doesn’t win anymore,” the e-Mail begins, using an often-used premise of the GOP presumptive nominee, and ends with a […]

Donald Trump “Channels” FDR with New Deal Approach

Donald Trump “Channels” FDR with New Deal Approach

Donald Trump “Channels” FDR with New Deal Approach Donald Trump is set on fixing the USA’s crumbling infrastructure “channeling” FDR’s New Deal. Donald Trump’s plan to repair the United States’ aging/crumbling  infrastructure, which includes roads, bridges, tunnels, and the power grid could end up moving him a bit to the left, because of the massive […]

The Week Ahead on Wall Street

The Week Ahead on Wall Street

The Week Ahead on Wall Street $PFE, $MRK Q-1 earnings season will be busy, with 124 members of the S&P 500 scheduled to report this week. Included in this group are DJIA components Pfizer (NYSE:PFE) Tuesday and Merck & Co. (NYSE:MRK) Thursday. Economic Reports The week’s 1st economic reports to Wall Street will be the April PMI […]

Katzenberg Agrees to Sell Dreamworks Animation

Katzenberg Agrees to Sell Dreamworks Animation

Katzenberg Agrees to Sell Dreamworks Animation $DWA, $CMCSA Dreamworks Animation (NASDAQ:DWA) CEO Jeffrey Katzenberg has found a buyer for his film studio. The Glendale, California animation company has reached an agreement with Comcast (NASDAQ:CMCSA) to be sold for than $3.8-B, sources confirmed late Thursday evening. The acquisition would fold DWA into an entertainment conglomerate that […]

Donald Trump Destroys Lie’n Ted Cruz In NY, CA & PA

Donald Trump Destroys Lie’n Ted Cruz In NY, CA & PA

Donald Trump Destroys Lie’n Ted Cruz In NY, CA & PA Donald Trump said Lie’n Ted Cruz does not have a shot at winning the GOP’s nomination. Donald Trump, in rallies before several thousand people Saturday in Syracuse and Watertown, fired home his message of jobs and the economy. He also kept alive his intense […]