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Economy
Economy news
Dollar Tree Taking Over 170 of 99 Cents Only Stores in 4 States
99 Cents Only recently filed for bankruptcy, which led to the closure of hundreds of stores nationwide.
May 30, 2024
BY
Kos Temenes
Opportunities Abound for Young Entrepreneurs Because Boomers Are Selling Their Businesses
Most of the businesses in the United States are small businesses—about 99.9 percent of them. Small businesses hire ...
May 29, 2024
BY
Mike Valles
Nvidia Rose, then the Market Fell: It’s “Every Stock for Itself”
Commentary Last Wednesday, Nvidia announced that its latest quarterly revenues rose 261% to $26 billion, compared with $7.2 ...
May 28, 2024
BY
Louis Navellier
Inflation Dominated Last Week, But Nvidia is This Week’s Big News
Commentary Last week was all about inflation. On Tuesday, the Labor Department announced that the Producer Price Index ...
May 23, 2024
BY
Louis Navellier
California Leads the Nation in Job Losses: Federal Data
Nearly a million California residents are jobless.
May 11, 2024
BY
Bill Pan
Newsom’s Budget Redo Will Tell Us What’s Getting Cut, Who’s Getting Taxed in California
The revision to be released on Friday should offer more insight into the 'tough choices' made to tame ...
May 9, 2024
BY
Travis Gillmore
Growth is Down and Inflation is Up, But Earnings Matter Most
Commentary Last week, the Commerce Department announced that its preliminary first-quarter GDP estimate was a snail-paced 1.6% annual ...
May 3, 2024
BY
Louis Navellier
Los Angeles Officials Oppose Businesses Going Cashless
Citing exclusion of low-income people, progressives take a stand usually associated with conservatives.
May 1, 2024
BY
Beige Luciano-Adams
Feeling Squeezed? California’s Population Increases for First Time Since 2020
Our numbers swelled thanks in part to foreign migration, which rose more than 26 percent from 2022. Fewer ...
May 1, 2024
BY
Travis Gillmore
California’s Tax Revenue Projections Weakening as Newsom’s Budget Revision Deadline Looms
Sales and use taxes are about $1 billion below forecasts since November.
April 29, 2024
BY
Travis Gillmore
San Francisco’s Sales Tax Revenue Tumbles Despite Tourism Boom
San Francisco’s sales tax revenue, a key metric of economic activity, dipped during the last three quarters of ...
April 27, 2024
BY
Lear Zhou
California Ranked World’s 5th Largest Economy for 7th Straight Year
The Golden State maintained its position, following the United States, China, Germany, and Japan.
April 25, 2024
BY
Sophie Li
Mixed Earnings Reports Deliver Market Jitters
Commentary After a strong first quarter, the historically robust market month of April is suffered a bad spell. ...
April 24, 2024
BY
Louis Navellier
Hot Inflation and Rising Energy Prices Depress Stocks
Commentary Due to last Wednesday’s “hot” Consumer Price Index (CPI) release and a 10-year Treasury bond auction the ...
April 22, 2024
BY
Louis Navellier
California Is Minting Millionaires While Its Population Declines
Although the state’s population is decreasing, the number of taxpayers earning at least $1 million is on the ...
March 30, 2024
BY
Travis Gillmore
California Has Promised a Quarter-Trillion Dollars More Than It Has to Spend
A annual financial report from the State Controller’s Office released March 15 details more than $255 billion in unfunded liabilities, the largest ...
March 20, 2024
BY
Travis Gillmore
California Created 275,000 Fewer Jobs; Suffered Lowest Employment Growth in 2023
More Californians expect hard economic times ahead for the state.
March 20, 2024
BY
Andrew Moran
Aging Population Causing State’s Labor Participation Rate to Shrink
The portion of the labor force working or seeking work has fallen to less than 62 percent in ...
March 6, 2024
BY
Travis Gillmore
Commerce Secretary Says US Could Become Global Leader in Semiconductor Manufacturing by 2030
Through various investments, Commerce Secretary Gina Raimondo hopes the United States can become a global leader in the ...
February 27, 2024
BY
Stephen Katte
Stock Market Today: Nvidia Surges on AI Boom, Setting Off a Rally on Wall Street
NEW YORK—Nvidia’s stock price surged Thursday after delivering another blowout quarter, setting off a rally in other technology ...
February 22, 2024
BY
The Associated Press
Geopolitics May Start to Move the Markets Again
Commentary With the Israel-Hamas situation somewhat loosely contained to the Gaza Strip for now, notwithstanding Houthi drones and ...
February 22, 2024
BY
Ivan Martchev
Bull Markets Climb a Wall of Worry
Bull markets naturally climb a “wall of worry,” and the latest worries center around escalating wars, the presidential ...
February 15, 2024
BY
Louis Navellier
Earnings Season Continues to Outpace Analyst Estimates
67% of S&P 500 companies have reported their fourth-quarter earnings so far, with 75% reporting positive earnings surprises ...
February 14, 2024
BY
Louis Navellier
More Restaurants Could Be Exempt From $20 Hourly Minimum Wage Law
A new bill would exempt fast food restaurants that operate in airports, hotels, museums, theme parks, and others.
February 13, 2024
BY
Travis Gillmore
The Latest Economic Data May Postpone Rate Cut Expectations
Commentary As the Federal Open Market Committee (FOMC) met last week for the first time in 2024, they ...
February 8, 2024
BY
Louis Navellier
Earnings Season Peaks with Some Stunning Results
Commentary Last week marked the peak week for fourth-quarter earnings announcements, and the news on some of our ...
February 7, 2024
BY
Louis Navellier
US Buys More From Mexico Than China for 1st Time in 2 Decades
In addition, December imports from South Korea reach record high topping $116 billion.
February 7, 2024
BY
Andrew Moran
TOP NEWS
EV Tariff Concerns Loom Over EU-China Relations
1hr
By
Mary Man
Senate Republicans Vow to Block DOJ Funding, Biden Nominees: ‘We No Longer Cooperate’
1hr
By
Bill Pan
Senate Candidate Kari Lake Blasts ‘Bogus’ Conviction of President Trump During Campaign Stop
2hr
By
Allan Stein
Perspectives From RFK Jr. Supporters
3hr
By
Russ Jones
Trump Conviction Has Had ‘No Impact’ on How Americans Will Vote in Key States: Confidential Memo
3hr
By
Tom Ozimek
DeSantis Sets Record Straight on Trump’s Voting Rights in Florida After Conviction
5hr
By
Tom Ozimek
New York Governor Unlikely to Pardon Trump, Despite Bipartisan Appeal
5hr
By
Bill Pan
Vermont Becomes First State to Require Oil Companies Pay for Climate Damages
6hr
By
Aldgra Fredly
Dershowitz Says Trump Could Fast-Track His Appeal to Supreme Court
6hr
By
Tom Ozimek
Biden, Trump Test Executive Privilege With Claims
8hr
By
Sam Dorman