Category: Economy

U.S. Economy Looks Surprisingly Rosy – Don’t Let the Data Fool You
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U.S. Economy Looks Surprisingly Rosy – Don’t Let the Data Fool You

Analysts expect the coronavirus outbreak to cause unprecedented damage to the U.S. economy. But recent data releases have given a relatively-rosy snapshot of economic activity. Here’s why those releases are deceptive and how you can avoid being fooled. There’s no dispute that cracks have begun to form in the U.S. economy. But as analysts brace…

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Gig economy giants launch efforts to keep workers classified as independent contractors
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Gig economy giants launch efforts to keep workers classified as independent contractors

Now that 2020 has started, Uber, DoorDash and Lyft are taking additional steps to undermine a new California law that would help more gig workers qualify as full-time employees. These moves entail product changes, lawsuits and ramped-up efforts to get a ballot initiative in front of voters that would roll back the new legislation. Let’s…

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Economy, Consumer Confidence Drive 55 Million Americans’ Travel Plans
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Economy, Consumer Confidence Drive 55 Million Americans’ Travel Plans

Drew Angerer/Getty Images This Thanksgiving will see some 55 million Americans traveling more than 50 miles over the holiday weekend, a 2.9 percent increase from last year and the second highest number of holiday travelers since AAA Travel started tracking in 2000, with the largest number recorded in 2005. AAA Travel also reported on data…

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Dow Snaps Out of Rut as Economy Survives Another Crucial Test
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Dow Snaps Out of Rut as Economy Survives Another Crucial Test

The Dow, S&P 500, and Nasdaq resisted the temptation to extend their slump on Thursday. All three stock indices secured substantial gains as trade war developments trended in a positive direction. Meanwhile, the US economy continues to defy recession warnings. The Dow snapped out of its single-day slump on Thursday, racing toward a triple-digit rally…

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Will the quantum economy change your business?
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Will the quantum economy change your business?

Google and NASA have demonstrated that quantum computing isn’t just a fancy trick, but almost certainly something actually useful — and they’re already working on commercial applications. What does that mean for existing startups and businesses? Simply put: nothing. But that doesn’t mean you can ignore it forever. There are three main points that anyone…

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Dow Futures Rise with Asia as U.S. Economy Avoids Europe’s Recessionary Spiral
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Dow Futures Rise with Asia as U.S. Economy Avoids Europe’s Recessionary Spiral

Futures on the Dow Jones Industrial Average (DJIA) rallied in aftermarket trading Tuesday amid signs that the U.S. economy was still outperforming most of its advanced industrialized peers in Europe and Asia. Dow Futures Climb; S&P 500, Nasdaq Follow Futures on all three major U.S. indexes traded higher Tuesday, which lends well to a strong…

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