Report: passion trumps money for small businesses
Andy Giegerich Sustainable Business Oregon editor- Portland Business Journal A new small business study, engineered by two Oregon firms, suggests that entrepreneurs are more driven by the potential for freedom and the chance to work at a job they love than they are by money. The 2013 State of the Business [...]
Wall Street Week Ahead: ‘Sell in May and Go Away?’ Not This Year
By Angela Moon NEW YORK (Reuters) – With the Dow and the S&P 500 setting another string of record closing highs this week, the old Wall Street adage “Sell in May and Go Away” is starting to look weak. Closing out the second week of May, the Standard & Poor’s 500 index is up [...]
In Shovels, a Remedy for Jobs and Growth
By EDUARDO PORTER Published: February 12, 2013 The budget deficit in 2013 is expected to fall below $1 trillion for the first time in five years. Perhaps policy makers in Washington can now focus on the other $1 trillion deficit, one that gets next to no attention yet is much more threatening to the well-being [...]
Economy expanded in recent weeks, Fed reports
Economic activity across the United States expanded at either a moderate or modest pace in recent weeks with consumer spending picking up, the Federal Reserve said on Wednesday, suggesting little change in strength of the recovery. The U.S. central bank painted a cautiously positive picture of an economy gathering steam across its 12 districts, with [...]
Wall Street extends gains on “cliff” deal
By Gabriel Debenedetti NEW YORK | Wed Jan 2, 2013 2:44pm EST (Reuters) – U.S. stocks jumped on the year’s first day of trading, after Washington lawmakers cut a last-minute deal to avert automatic tax hikes that threatened to stunt economic growth. With the gains, the S&P 500 was on target for its highest close [...]
Economists: Housing recovery finally here
Economists: Housing recovery finally here By Chris Isidore @CNNMoneyOctober 3, 2012: 10:33 AM ET Economists surveyed by CNNMoney believe that the housing market recovery is finally here. NEW YORK (CNNMoney) — It’s been a long time coming, but economists surveyed by CNNMoney believe the nation’s housing market has [...]
Improving America’s Competitiveness
You can’t get there from here. “There” is the economic future we want for America: a vibrant, creative, full-employment economy firing on all cylinders and growing at twice the current rate. “Here” is the U.S. circa 2012, with our aging, deteriorating infrastructure: highways, bridges, railways, airports, seaports, electrical grid, and communications networks. Historically, one [...]
Wall Street Rises, Brushing Aside Jobless Data
Wall Street Rises, Brushing Aside Jobless Data Wall Street was higher on Thursday, with investors brushing off a weak reading from the labor market as uncertainty ahead of elections in Greece continued to be the overriding concern. The Standard & Poor’s 500-stock index gained 0.8 percent, the Dow Jones industrial average added 0.9 percent [...]
Jobless claims fall for first time since April
WASHINGTON (Reuters) – The number of Americans lining up for new jobless benefits fell last week for the first time since April, a hint that a slowdown in hiring last month may only be temporary. The data on state unemployment claims, released by the Labor Department on Thursday, takes some of the edge off [...]
U.S. Stocks Decline Amid Speculation Greece to Exit Euro
U.S. stocks declined, following the biggest weekly retreat in 2012 for the Dow Jones Industrial Average, as Greece struggled to form a new government amid growing speculation the nation may leave the euro region. Equities pared losses as Alexis Tsipras said his Syriza party wants Greece to stay in the euro and Europe must reexamine [...]
Bernanke Explains the Recent Increase in Jobs Numbers
Posted by: Joshua Green on March 27, 2012 On of the big questions Peter Coy and I take up in our cover story on the recent “Obama recovery” is why unemployment has been falling faster than growth would suggest it should. Economists have several theories: Maybe the economy is growing faster than we realize and future revisions will [...]
Wow. But Is The Number Real?
by Floyd Norris How many jobs did the American economy add in January? The Labor Department estimated on Friday that the economy gained 243,000 jobs. The department also estimated that the economy lost 2,689,000 jobs in the month. The difference in the two numbers is in seasonal adjustment. Employment always falls in January, as temporary [...]
Economists see growth slowing, recession risk falling
The U.S. economy’s growth will slow this year after a blast of stronger growth in late 2011, leaving the 8.5% unemployment rate about where it is now on Election Day, according to USA TODAY’s quarterly survey of economists. The economy will grow at an 2.2% annual rate the first half of 2012 after an estimated [...]
IRS extends tax filing deadline to April 17
By Blake Ellis @CNNMoney January 4, 2012: 3:58 PM ET NEW YORK (CNNMoney) — The IRS is giving taxpayers two extra days to get their taxes turned in this year. While Tax Day typically falls on April 15, the IRS announced Wednesday that it is pushing back this year’s filing deadline to Tuesday, April 17. [...]
GOVERNMENT RELATIONS ALERT!
3% Withholding Requirement Repealed On November 21, 2011, the President signed legislation repealing the requirement that governments withhold 3% on all payments for goods or service, beginning in 2013. The Senate on November 10, 2011, unanimously passed the repeal bill, H.R. 674. The House had already passed H.R. 674 on October 27. Although the Senate [...]
Expecting Superior Service for No Pay? You Get What You Pay For!
by RDC’s Corporate Advisory Council Member Johnny Haines, CRP, GMS Senior Manager Relocation Services Deloitte Services LP The current economic environment and real estate market has presented many challenges in the Corporate World. A new twist has been the question of the financial ability of the transferee to make the transfer. As a Relocation Manager, [...]
Global mobility musings… Part 1
Global mobility is on most companies’ minds these days, so I thought I’d share what we’re hearing at Worldwide ERC® from members, at our recent Global Workforce Symposium and through other channels… What is the biggest global mobility issue for companies today? In the U.S., when we talk about real estate, we say the most [...]
Leading Across: From Competing to Completing
Great article from The John Maxwell Company regarding the upside and downside of competing in the workplace.
A culture of confidence
I was listening to some business pundits discuss the “crisis of confidence” locally and in our global economy this week. Obviously, confidence tumbles after national and global events, whether from disasters or stock market drops. It’s something we measure from a number of angles to see how we’re doing; we eagerly await the results of [...]
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