Economic Report

U.S. Treasury Department’s One-Page Analysis of Republican Tax Reform Doesn’t Sway Critics

Republican tax reform plan

The U.S. Treasury Department’s tax plan analysis was long promised to be an in-depth and transparent look at the Republican tax reform plan being pushed through Congress, but many economists and politicians are highly critical of the one-page, 470-word document that the department released, calling it more a political statement rather than any sort of (more…)

U.S. Homelessness Increases for the First Time Since 2010

U.S. Homelessness Increases for the First Time Since 2010

For the first time in nearly eight years, U.S. homelessness has increased, driven by a jump in the number of people without homes in cities like Los Angeles and other West Coast hubs. The data comes from the U.S. Department of Housing and Urban Development’s annual Point in Time count, which showed that 554,000 homeless (more…)

Thanksgiving Day 2017 Stores Open: Retail Stores Expected to Experience Continued Downward Trend

Thanksgiving Day 2017 Stores Open

Thanksgiving 2017 is here and the race is on for online retailers and traditional brick-and-mortar stores to see who can capture the most sales. But the race may be short-lived, with online sales this Thanksgiving expected to increase significantly and Thanksgiving Day retail store sales projected to decline. And for different reasons; many retailers are (more…)

Amazon Effect vs. Trump Effect: Where Companies’ Concerns Lie

Study Shows that Businesses More Focused on Amazon Effect than Trump Effect In a recent survey,, Inc. (NASDAQ:AMZN) was cited more than President Donald Trump as a source of anxiety for businesses. The study, carried out by financial research platform Sentieo Inc. for MarketWatch, shows that the “Amazon effect” is more of a concern to businesses than the (more…)

Student Loan Complaints Increase by 900% as per CFPB’s 2017 Report: California, New York & Florida Lead the List

For students all over the world, America is one of the top destinations for education that meets today’s industry requirements. However, the cost of this education is high and not all students can easily afford to pay tuition as well as accommodation fees in universities. Thankfully, an option is available that works for both—a student (more…)