Markets

The US housing market is cooling off — and uncertainty isn’t helping

The housing market has been losing momentum, with inventories rising to 2011 highs. A mismatch between residential-real-estate activity and the rest of the economy may be worsening the slowdown. Wage growth could help bridge the disconnect. From rising prices to the new tax law, economists say there are a number […]
The US housing market is cooling off — and uncertainty isn’t helping
News

6 months into the Trump tax law, manufacturing confidence is through the roof

The National Association of Manufacturers (NAM) released a survey of its 14,000 members on Wednesday, showing record levels of confidence among the group and an overall positive outlook. NAM cites the Republican-led tax law as a driving force behind the boom in US manufacturing. Projected wage growth is also expected […]
6 months into the Trump tax law, manufacturing confidence is through the roof
Markets

Walmart is raising wages and issuing bonuses after tax reform

Walmart is raising wages and issuing one time bonuses to employees. The company’s CEO said it’s a move to try and stay competitive. Watch Walmart trade in real time here. Walmart said it will raise the starting wage for its employees, and issue one time bonuses up to $US1,000, as […]
Walmart is raising wages and issuing bonuses after tax reform