money

Wage Increase Stagnation in an Environment of Declining Productivity and Increasing Inflation

Wage Increase Stagnation in an Environment of Declining Productivity and Increasing Inflation

In 2017, with the historically low unemployment rate of 3.9% and over 200,000 jobs gain through 2018, the wage growth remained sluggish. According to historical data provided by Labor Department, there is a 4.3% rose in 2000 when the unemployment ra..

Financials and Energy Bump Up the Stock Market

Financials and Energy Bump Up the Stock Market

The Dow on May 9 went up for the fifth consecutive day and the wider stock market zoomed up due to positives in technology, energy, and financials stocks. The S&P 500 went up y 25.87 points to touch 2,697.79. This is a one percent gain with abou..

Escalating Trade Tensions Leads China to Threaten with New Tariffs

Escalating Trade Tensions Leads China to Threaten with New Tariffs

China warned on Friday that it would fight back “at any cost” with countermeasures in response to the U.S.’s tariffs, after President Donald Trump threatened to increase tariffs on Chinese goods by an additional $100 billion.&ldquo..

Crypto Traders Can Save on US Taxes

Crypto Traders Can Save on US Taxes

For American cryptocurrency traders, a tax trap awaits. They have not paid their taxes despite huge capital gains enjoyed in 2017. The first half of 2018 saw the cryptocurrency portfolios declining in value and they incurred huge trading losses. It ..

Spotify’s Unusual IPO Caused Worries of Big Banks

Spotify’s Unusual IPO Caused Worries of Big Banks

Shares of Spotify Technology S.A. (NYSE: SPOT) are expected to start trading on New York Stock Exchange today. Instead of raising money by selling new shares, Spotify only sells existing shares through a direct listing, given the company’s val..

Free Taxes Possible

Free Taxes Possible

If you laid off your tax returns for the last minute, this does not mean you have to pay handsomely for some agency services to file your taxes. The changes in Tax Cuts and Jobs Act do not kick in until the 2018 taxes are prepared. It means that the..

Global Times: U.S. Soybeans Traded to China Should be Restricted

Global Times: U.S. Soybeans Traded to China Should be Restricted

According to the state-owned Chinese tabloid, Global Times, U.S. subsidies for its soybean farmers have given them an unfair competitive advantage in selling to China, and strong restrictive measures need to be taken to prevent dumping.Comments from..