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U.S. auto sales dropped in 2017 but remain strong
Economy
Published in 9-1-2018
    163 Visits
DETROIT - The U.S. auto industry's historic growth streak has ended, but demand for new vehicles - especially SUVs - remains healthy as the new year begins. U.S. auto sales fell 2 percent to 17.2 million in 2017, according to Autodata Corp. It was their first year-over-year decline since 2009, ending an unprecedented seven-year expansion. General Motors, Toyota and Ford all reported a 1 perce ...>>
Reference: www.chron.com
U.S. businesses add 250,000 jobs, survey says
Economy
Published in 9-1-2018
    688 Visits
WASHINGTON - U.S. companies closed out 2017 with strong hiring in December, adding the most jobs in nine months. Payroll processor ADP said Thursday that businesses added 250,000 jobs last month, up from 185,000 in November. The gains were led by robust hiring in health care, professional services such as accounting and engineering, and retail. The figures suggest that businesses are optimistic ab ...>>
Reference: www.chron.com
5 ways to assess whether the GOP tax plan is delivering
Economy
Published in 9-1-2018
    267 Visits
WASHINGTON - If President Donald Trump and his Republican allies are right, the $1.5 trillion tax cut plan they sped into law last month will make individuals and businesses more prosperous. Paychecks will grow. Stocks will surge further. Consumers will spend more. The economy will accelerate. Critics counter that the tax plan will mainly enrich the already wealthy and swell corporate profits whil ...>>
Reference: www.chron.com
Black unemployment falls to lowest level on record
Economy
Published in 9-1-2018
    288 Visits
Black unemployment fell to 6.8 percent in December, the lowest ever recorded by the U.S. Labor Department since it began tracking the black unemployment rate in 1972. Economists say it's a sign the recovery from the Great Recession is finally starting to help a wider swath of the population. During the aftermath of the financial crisis, black unemployment soared to 16.8 percent in 2010, meani ...>>
Reference: www.chron.com
In auto industry home, Michigan tries to accommodate bikes
Economy
Published in 9-1-2018
    287 Visits
LANSING, Mich. - In the capital of the U.S. auto industry, drivers have been slow to accept that more Americans are choosing bicycles over cars for commuting or for fun and exercise. While other states adopted bike-friendly safety laws to accommodate cycling's soaring popularity, Michigan steered clear of the trend and watched as more riders got killed by cars. Now lawmakers are trying to mak ...>>
Reference: www.chron.com
U.S. auto sales dropped in 2017 but remain strong
Economy
Published in 9-1-2018
    661 Visits
DETROIT - The U.S. auto industry's historic growth streak has ended, but demand for new vehicles - especially SUVs - remains healthy as the new year begins. U.S. auto sales fell 2 percent to 17.2 million in 2017, according to Autodata Corp. It was their first year-over-year decline since 2009, ending an unprecedented seven-year expansion. General Motors, Toyota and Ford all reported a 1 perce ...>>
Reference: www.chron.com
U.S. businesses add 250,000 jobs, survey says
Economy
Published in 9-1-2018
    17 Visits
WASHINGTON - U.S. companies closed out 2017 with strong hiring in December, adding the most jobs in nine months. Payroll processor ADP said Thursday that businesses added 250,000 jobs last month, up from 185,000 in November. The gains were led by robust hiring in health care, professional services such as accounting and engineering, and retail. The figures suggest that businesses are optimistic ab ...>>
Reference: www.chron.com
5 ways to assess whether the GOP tax plan is delivering
Economy
Published in 9-1-2018
    684 Visits
WASHINGTON - If President Donald Trump and his Republican allies are right, the $1.5 trillion tax cut plan they sped into law last month will make individuals and businesses more prosperous. Paychecks will grow. Stocks will surge further. Consumers will spend more. The economy will accelerate. Critics counter that the tax plan will mainly enrich the already wealthy and swell corporate profits whil ...>>
Reference: www.chron.com
Black unemployment falls to lowest level on record
Economy
Published in 9-1-2018
    535 Visits
Black unemployment fell to 6.8 percent in December, the lowest ever recorded by the U.S. Labor Department since it began tracking the black unemployment rate in 1972. Economists say it's a sign the recovery from the Great Recession is finally starting to help a wider swath of the population. During the aftermath of the financial crisis, black unemployment soared to 16.8 percent in 2010, meani ...>>
Reference: www.chron.com
In auto industry home, Michigan tries to accommodate bikes
Economy
Published in 9-1-2018
    380 Visits
LANSING, Mich. - In the capital of the U.S. auto industry, drivers have been slow to accept that more Americans are choosing bicycles over cars for commuting or for fun and exercise. While other states adopted bike-friendly safety laws to accommodate cycling's soaring popularity, Michigan steered clear of the trend and watched as more riders got killed by cars. Now lawmakers are trying to mak ...>>
Reference: www.chron.com
Venezuelans cross into Colombia, useless cash in hand
Economy
Published in 2-1-2018
    203 Visits
BOGOTA, Colombia - Jorge Gutierrez leaps onto a packed bus in Colombia's capital, proudly announcing that he comes bearing gifts from neighboring Venezuela. He holds up a thick wad of bolivars- the nearly worthless currency of his crisis-racked homeland - and then asks for a small donation in exchange for each 100-bolivar note. "Do you know what I can buy with this?" he says as the bus rumble ...>>
Reference: www.chron.com
Judge orders R.J. Reynolds to keep paying Florida millions
Economy
Published in 2-1-2018
    240 Visits
TALLAHASSEE, Fla. - A judge in Florida is ordering R.J. Reynolds to continue paying the state millions of dollars in tobacco settlement money despite selling off major brands. Circuit Judge Jeffrey Dana Gillen in Palm Beach County issued his ruling this week, nearly a year after Attorney General Pam Bondi sued the tobacco company and Imperial Tobacco Group. R.J. Reynolds and other tobacco companie ...>>
Reference: www.chron.com
Charity donations likely to drop next year due to tax law
Economy
Published in 2-1-2018
    523 Visits

WASHINGTON - In this season of giving, charity seems to be getting an extra jolt because next year the popular tax deduction for donations will lose a lot of its punch. Traditionally generous Americans may have less incentive to give to charitable causes next year because of the newly minted tax law. The changes that will make it less advantageous for many people to donate to charity in 2018 ma ...>>

Reference: www.chron.com
GM wins again as two more ignition switch suits are thrown out
Economy
Published in 2-1-2018
    599 Visits
Lawyers suing General Motor over its deadly ignition switch defect may have overplayed their hand as a federal judge in New York threw out two more crucial test cases. The plaintiffs failed to provide evidence that the specific type of flaw alleged to have occurred in two Texas car wrecks - a double rotation of the ignition switch - was anything more than a "theoretical possibility," U.S. District ...>>
Reference: www.chron.com
High times are legal times in California
Economy
Published in 2-1-2018
    707 Visits
OAKLAND, Calif. - It wasn't exactly reefer madness Monday as California launched the first legal retail sales of marijuana, but those who could find the drug celebrated the historic day, lining up early for ribbon cuttings, freebies and offerings ranging from joints to gummy bears to weed with names like Red Dragon. Jeff Deakin, 66, his wife Mary and their dog waited in the cold all night to ...>>
Reference: www.chron.com


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