Businesses don’t have much faith that recent college hires will stick around for very long, a new survey finds. Based on experiences, 77 percent of businesses expect a recent graduate hire to stay less than a year. The survey was conducted by Express Employment Professionals-which polled 115 of its franchise outlets across the U.
It is that magical time of the year for retailers. The period between mid-October and late December can often make the difference between success or failure in the retail industry, and this year will be no exception. As you will see below, it is being projected that Americans will spend a massive amount of money this holiday season.
This morning some of the biggest financial news of the year made huge waves all over Asia. Yet in the Western press, this hugely important information has barely even been mentioned. (CNBC.
It is widely expected that the Federal Reserve is going to announce the end of quantitative easing this week. Will this represent a major turning point for the stock market? As you will see below, since 2008 stocks have risen dramatically throughout every stage of quantitative easing.
“How can this happen?” Ms. Hinders said in a recent interview.
After months of focus on slack in U.S. labor markets, the Federal Reserve faces a new challenge:
The Social Security Administration has just released wage statistics for 2013, and the numbers are startling. Last year, 50 percent of all American workers made less than $28,031, and 39 percent of all American workers made less than $20,000. If you worked a full-time job at $10 an hour all year long with two weeks off, you would make $20,000.
U.S. corporate bond funds this year are adding Treasuries to their holdings at more than twice the rate of corporate debt amid concern that the struggling European economy and potential changes in Federal Reserve policy will drag down profits at U.
Tesco’s results are out Thursday for the first half of the year, and a breakdown of the results shows just how badly the company is being hammered. Shares are down by 6.39% well into London’s trading day Thursday, adding to the last month’s brutal sell-off.
The current debt level of over $17.9 trillion would thus take more than 398 million years of working at the average wage to pay off. This means that even if every man, woman and child in the United States would work for one year just to help pay off the debt the government has piled on in their name, it still wouldn’t be enough.
One case where that is especially prevalent is with durum wheat, the key ingredient in most pasta making. The 2014 harvest looks to be weak in 2014, putting heavy pressure on a market that has shown consistent price movement higher. David Maloni, president of the American Restaurant Association, explained Wednesday in his daily note titled, “Pasta buyers beware”:
In its discussion of historical middle class societies, The Economist reports, “Their members are neither rich nor poor but somewhere in-between…’Middle-class’ describes an income category but also a set of attitudes…An essential characteristic is the possession of a reasonable amount of discretionary income. Middle-class people do not live from hand to mouth, job to job, season to season, as the poor do.” Some argue that the most sensible income amount to attach to the middle class would be the median household income, of around $54,000.
Thanks to the Federal Reserve, the middle class is slowly being suffocated by rising food prices. Every single dollar in your wallet is constantly becoming less valuable because of the inflation the Fed systematically creates. And if you try to build wealth by saving money and earning interest on it, you still lose because thanks to the Federal Reserve’s near zero interest rate policies banks pay next to nothing on savings accounts.
The average price for a pound of ground beef climbed to another record high–$4.096 per pound–in the United States in September, according to data released today by the Bureau of Labor Statistics (BLS). In August, according to BLS, the average price for a pound of all types of ground beef topped $4 for the first time–hitting $4.
U.S. retail sales were disappointing in September, worrying analysts that consumers may be feeling stretched or cautious as the biggest shopping season of the year rolls around.
It makes you wonder when the IMF (Interntional Monetary Fund) worries about individual investors selling stocks because of values “deteriorating unexpectedly”.Do they know something that we don’t? Is this a signal that the market is going to crash?