Britain Drops Out of World’s Top Five Economies

Britain Drops Out of World’s Top Five Economies

In what many experts are viewing as more fallout from Brexit, the International Monetary Fund’s latest GDP forecasts show Britain falling out of its #5 slot in the world’s top economies. The nation was just barely outpaced by France. UK Treasury Chief Philip Hammond...
September Jobs Report: Good News, Bad News

September Jobs Report: Good News, Bad News

Good news: In September 2017, the U.S. jobless rate dropped to 4.2 percent, the lowest it’s been since 2001. Bad news: The U.S. lost 33,000 jobs in the same month, despite the fact that economists had been expecting an increase of 90,000 jobs. How can both of these...
At Last, Some Good News for Brick-and-Mortar Retailers

At Last, Some Good News for Brick-and-Mortar Retailers

Although retail bankruptcies are on track to become the highest since the Great Recession, there was some good news on Wall Street last week. It all started when Target raised its earnings guidance, citing “improved traffic and sales” over the past two months. The...