Category: ECONOMY

Risk Appetite Adjustments to North Korea Threat Remain Small

As tensions over the growing threat of aggressive action from North Korea increase, financial markets are continuing to adjust and respond. However, while news headlines dissect the latest action and rhetoric from Pyongyang and the US, investor and stock market reaction and adjustments are less pronounced. Indeed, while the missile testing and nuclear capabilities of North Korea are dissected

4 Reasons You Should Invest in the San Diego Real Estate Market

San Diego is beyond doubt one of the most successful real estate markets in the U.S. If you are looking into real estate investment options, you should seriously consider San Diego. The rents and yields in San Diego are steadily increasing, the population is growing and rental demands have never been higher. Need more convincing?

The Cost of Gas the Year You Were Born

There were an estimated 218 million motorists in the United States in 2015, accounting for a combined 3.1 trillion vehicle miles traveled the same year — more than in any year prior. Because of our dependence on personal vehicles, the price of gasoline can have a considerable impact on Americans’ budgets and can also have

Cord-Cutting Accelerates, Sends Shock Wave Across Traditional TV

According to eMarketer, digital video consumption is on the rise leading to a seismic shift in the industry. Traditional TV viewers are expected to shrink nearly 10% by 2021 with the expectation of a sharp decrease of total media ad spending upwards of -30% reduction. Even in 2017, the trend is accelerating with eMarketer expecting

Toys R Us Hires Bankruptcy Law Firm

WOLF STREET–Brick-and-mortar retail meltdown strikes again – this time, Toys R Us. In what is a classic sign, the company has hired mega law firm Kirkland & Ellis, whose bankruptcy-and-restructuring practice is considered a leader in the now booming bankruptcy-and-restructuring industry. Toys R Us, with 1,694 stores globally, has $5.2 billion in long-term debt, according to its

Harvey Wrecks Up to a Million Cars in Car-Dependent Houston

As the Hurricane Harvey storm system dissipates and the water it dropped recedes, Houstonians left without shelter face the daunting task of rebuilding their lives. Many people are focused on the staggering figure of 40,000 homes lost, but another number also deserves close scrutiny: The flooding destroyed as many as a million cars in the

Most Americans live paycheck to paycheck

CB–Three-quarters of Americans (75 percent) are living paycheck-to-paycheck to make ends meet, according to a survey from CareerBuilder. Thirty-eight percent of employees said they sometimes live paycheck-to-paycheck, 15 percent said they usually do and 23 percent said they always do. While making ends meet is a struggle for many post-recession, those with minimum wage jobs

U.S. New Home Sales Unexpectedly Plunge 9.4% In July

New home sales in the U.S. unexpectedly saw a substantial decrease in the month of July, according to a report released by the Commerce Department on Wednesday. The report said new home sales plunged by 9.4 percent to an annual rate of 571,000 in July from the revised June rate of 630,000. The steep drop

Is college worth the money and debt?

MB 360–Is a college degree worth it?  Since the debt bubble burst spectacularly in 2007 many more prospective students are questioning the worth of a college degree.  For so many decades it was simply taken at face value that getting a college degree, any college degree would be worth it.  Slowly this perception has morphed

Why Gun Sales Have Declined Under Trump

Many of us welcomed Trump to the Presidency with a sense of pride. However, there is one group for whom the new (ish) president has brought some bad news – gun store owners, and gun manufacturers. This is because gun sales have seen a significant drop since the election of Trump. But don’t worry –

What Elon Musk’s New Hyperloop Means for the Entrepreneur

Wouldn’t it be nice to travel from New York to Washington D.C. before you even finish your morning coffee? Well, Elon Musk took to Twitter to unveil a fast, hassle-free design that it is in the works. The Hyperloop is an underground train that will travel along the busy section of the Eastern Seaboard between

China to get 2,000 more McDonald’s restaurants in next five years

Fast-food giant McDonald’s plans to accelerate its expansion in China increasing the number of restaurants in the country by 2,000 by the end of 2022, to a total of 4,500 nationwide. The chain hopes the mass openings will drive double-digit sales growth in China in each of the next five years said Steve Easterbrook, its

A $100,000 salary is now considered MIDDLE CLASS

A lot of people are overjoyed to cross the $100,000 threshold in annual income. And they should be — a six-figure salary is nothing to sneeze at. But as income inequality in the US continues to worsen, a $100,000 salary creeps ever-closer to being an upper-middle-class income, not a sure sign of wealth. In fact,