Economy News

What Effects Does Robust Human Capital Have On Economic Growth?

What Effects Does Robust Human Capital Have On Economic Growth?

It is an ancient truth that economic growth is a function of a robust labor force and plenty of capital. Notably, countries like China have successfully brought the two resources together to create an economic miracle. However, it is observable that recent years have seen more emphasis shift to financial […]

Top Earners Do Not Pay The High Marginal Tax Rates As Stated By The U.S. Tax Laws

Top Earners Do Not Pay The High Marginal Tax Rates As Stated By The U.S. Tax Laws

The U.S Tax system is one of the most progressive in the world. It is to say that as your income climbs, the marginal tax/top rate tax that one pays increases. Interestingly, the value that top-earners pay is usually high, but not higher than during the 50s. Notably, top earners […]

Why The U.S.-China Bilateral Deficit Will Take Time To Correct

Why The U.S.-China Bilateral Deficit Will Take Time To Correct

China has come a long way since it opened its economy to international markets. Today, China and the United States are the two world’s largest economies. Notably, the two are also the biggest buyers and sellers of products and services between them. However, Americans have been buying more from China […]

How Salesforce Bot Automation Helps Clients Succeed

How Salesforce Bot Automation Helps Clients Succeed

Salesforce bot automation, while just a part of a bigger picture in the company’s artificial intelligence (AI) push, has already revolutionized customer relationship management (CRM) for many clients. How Salesforce Bot Automation Transforms CRM One of the biggest clients of Salesforce.com, Inc. (NYSE:CRM) is KLM Royal Dutch Airlines, which it […]

AT&T Announces GigaPower Rollout (NYSE:T)

AT&T Announces GigaPower Rollout (NYSE:T)

Communications company AT&T has announced the rollout of its GigaPower service, a service that provides superfast internet speeds to its users. For $70 per month, customers can get connectivity of 1 gigabit per second. For $50 more, they can also add a basic TV package to their services. The service […]

Trump Administration Rolls Back Federal Protections for Those with Student Loans in Default

Trump Administration Rolls Back Federal Protections for Those with Student Loans in Default

It has only been a few days since a report was released to show that federal student loans have seen a double-digit increase in defaults, but President Donald Trump’s administration has already revoked federal guidance which had earlier barred student debt collectors from charging high fees on those loans which […]

Walmart And Uber Expand Their Grocery Delivery Partnership

Walmart And Uber Expand Their Grocery Delivery Partnership

Walmart’s partnership with Uber in making home deliveries has been extended to additional cities in the United States including Tampa and Orlando in the state of Florida and Dallas in the state of Texas. Initially the partnership had been restricted to Phoenix, Arizona. According to a spokesperson for Walmart, Anne […]

Dollar Slides, Growth Slow, Are We Getting Closer to a Fed Rate Hike?

Dollar Slides, Growth Slow, Are We Getting Closer to a Fed Rate Hike?

New numbers show that the American economy only grew at a moderate/modest pace this summer through 8 of the Federal Reserve’s 12 districts. This is a slowdown from past reports that could encourage more caution among Fed policymakers in terms of raising interest rates. According the Fed’s “Beige Book”, which […]

PepsiCo Revenue and Profit Beat the Street

PepsiCo Revenue and Profit Beat the Street

PepsiCo Inc has reported quarterly sales and profit that was better than had been expected. The soft drink beverage maker raised its forecast for adjusted earnings for the year as its higher prices have helped drive its revenue growth in the beverage business for the second time in close to […]

Cabanas On Rent At The Risk Of Your Wallet

Cabanas On Rent At The Risk Of Your Wallet

Walt Disney Co (NYSE:DIS) cabanas are on rent, at the popular Disney’s the Magic Kingdom. This is the ideal opportunity for those who have always dreamt of being Disney princes and princesses. However, the only setback for this magical experience is that your wallet will never be the same again. […]