Money & The Economy

Private sector employment increased by 178,000 jobs from April to May according to the May ADP National Employment Report®.  Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody’s Analytics.  The report, which is derived from ADP’s actual payroll data, measures the
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Exports of U.S. technology industry products and services grew by nearly $10 billion in 2017, to an estimated $322 billion, according to a new analysis released today by CompTIA, the world’s leading technology association. The “CompTIA Tech Trade Snapshot” also reveals that tech exports directly supported an estimated 805,000 jobs in 2016, the most recent year of available
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  by Tim Pearce The Supreme Court of Gibraltar awarded the oil company Chevron $38 million Friday for damages related to charges alleging the company contaminated the Amazon region of Ecuador. An Ecuador court issued an $18 billion judgment against Chevron in February 2011 for environmental and social harm the company allegedly caused to the Amazon.
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The 2018 IMD World Competitiveness Rankings emphasize a long-term trend highlighted in past editions – that the countries on the top of the list each have a unique approach to becoming competitive. The IMD World Competitiveness Center ranks the competitiveness of 63 world economies every year since 1989. It compiles them using 258 indicators. Data such
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A U.S. – China trade delegates met in Washington, D.C. and agreed that China would take “effective measures to substantially reduce the United States trade deficit” with the large Asian nation. “To meet the growing consumption needs of the Chinese people and the need for high-quality economic development, China will significantly increase purchases of
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Millennials are more likely than older Americans to take a vacation this summer than last summer, based on their household finances, according to a new survey from Travelport (NYSE: TVPT), the leading Travel Commerce Platform. The 2018 Travelport U.S. Vacation Survey of approximately 1500 U.S. residents reveals Millennials (ages 18-34 years old) are most likely to
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Home sales increased 2.3% year-over-year in April 2018 in the face of record low inventory and the second-highest median sales price in the nine-year history of the RE/MAX National Housing Report. In April, San Francisco, CA reached a new benchmark surpassing $1 million for the metro area’s median sales price. Eight other metro areas including Las Vegas, NV, Seattle, WA and Boise ID saw large double-digit price
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Despite a drop in numbers across much of the United States since the recession, vacant and abandoned properties continue to dog struggling postindustrial cities, tearing apart neighborhoods with growing intensity, according to a report published by the Lincoln Institute of Land Policy. Since the 1990s, vacancies have become more widespread in cities such as Detroit, Cleveland, and St. Louis,
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