economy

August 14, 2018

It's so expensive that, in some cities, the average home outweighs the average income by so much that it can take nearly a decade to save for a 20% down payment, according to a SmartAsset report released earlier this year.

August 02, 2018

Apple hit a market cap of $1 trillion on Thursday, as the iPhone maker became the first publicly traded U.S. company to reach the valuation. The stock rose nearly 3 percent after a strong fiscal third-quarter earnings report earlier this week, briefly hitting a session high of $207.05 in midday trading before falling back below $207.

August 02, 2018

The stock of foreign direct investment (FDI) in the United States has broken a record - totaling more than $4 trillion (up $260.4 billion from 2016). The latest data from the Bureau of Economic Analysis (BEA) shows that the United States continues to be the best place in the world to do business, particularly in the manufacturing industry (nearly 40 percent of FDI).

July 30, 2018

"Foreign economic and industrial espionage against the United States continues to represent a significant threat to America's prosperity, security and competitive advantage," the National Counterintelligence and Security Center said. "China, Russia and Iran stand out as three of the most capable and active cyber actors tied to economic espionage and the potential theft of U.S. trade secrets and proprietary information."

July 30, 2018

For the first time, the Chinese venture capital (VC) market has surpassed the U.S. VC market in total dollars invested in Q2 of 2018, according to Crunchbase. Driven by mega rounds and strong corporate VC, Chinese startups were able to raise more VC money in Q2’18 than their American counterparts.

July 16, 2018

It is no surprise that looming tariffs have impacted global markets. The U.S. imposed tariffs on a number of foreign goods, and the rest of the world responded. The markets, bearing the potential for a trade war, have volleyed based off this news, and several sectors could face potential losses. Not all industries, however, face negative futures as a result of these tariffs. Some are set to thrive.

July 02, 2018

Real personal income -- a measure of purchasing power that connects income to costs -- has grown within states at an average rate of 1.5 percent per person since 2012, according to data from the Bureau of Economic Analysis.

June 24, 2018

The Trump administration’s massive deregulation effort and the enactment of the Tax Cuts and Jobs Act passed by the Republican-controlled Congress have done wonders for the U.S. economy. There are now more open jobs than there are unemployed people in America. Wages are increasing, and consumer and business confidence is rising with them.

June 21, 2018

“In the technology space, China has this thing called China 2025. It’s basically a blueprint to take over and dominate the emerging technology industries of the future - things like artificial intelligence, robotics, high-tech shipping, aerospace,” he explained. “The president has said, correctly, these are the industries of the future. If we don’t have them, America doesn’t have a future,” he warned. Navarro outlined four tactics China uses to dominate these industries.

June 20, 2018

China "has experienced rapid economic growth to become the world's second largest economy while modernizing its industrial base and moving up the global value chain. However, much of this growth has been achieved in significant part through aggressive acts, policies, and practices that fall outside of global norms and rules (collectively, 'economic aggression')," the White House report said in its opening.

Pages