Economy and Trends

EPA to Roll Back Coal Restrictions with the New Affordable Clean Energy Rule

The latest move by the Trump Administration to roll back the former President Obama’s Clean Power Plan will limit the restrictions on the coal industry. The new Affordable Clean Energy (ACE) Rule gives the states the authority to regulate power plant’s greenhouse gas emissions. With this rule, the Environmental Protection Agency (EPA) is aiming to improve the business of the ...

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Chinese Internet Stocks Falling With Trade Dispute

The Trump administration went on the offensive regarding trade imbalances back in January. When the idea of placing tariffs on Chinese goods was announced, it caused equity markets around the world to experience a short-term selloff. Since then, there have been ups and downs in the markets as well as in the negotiations. When the trade war started, I immediately ...

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Bankruptcy Filings Increase among Senior Citizens

The safety net for Americans that is Social Security retirement has been forecasted to dissipate for decades now, with the advent of such coming to fruition through probable decreased deductions beginning in 2023. This is due to basic population demographics, which change over time. The baby boomers are retiring in numbers that can’t be kept up with by the current ...

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New York Sets Limit on Uber and Lyft Cars in the City

The New York City Council voted on Wednesday to limit the number of ride-sharing services, including Uber and Lyft. After intense campaigning from taxi drivers in the city, council members agreed in a 39-6 vote to pass multiple bills that will halt the business of these ride-sharing apps. “The council voted to halt the issuance of new for-hire vehicle licenses ...

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Housing Industry Facing Several Issues

After almost ten years of tailwinds, the housing industry is facing some headwinds for the first time since the financial crisis and real estate collapse in 2007 to 2009. Several reports came out last week that are flashing warning signs for the housing market, but there is also a growing problem that isn’t reflected in the government reports. First of ...

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Business Owners are becoming more Tech Savvy

Large companies are at the forefront of artificial intelligence and robotics in their need to stay competitive in a tech-savvy workplace. This thought process is now trickling down to small business owners who have come to a fork in the road in automation. The crux of the issue is time. Small business is starting to go digital, as smartphone apps, ...

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President Trump’s Wants and Policies Are At Odds

Donald Trump has never been shy about telling people what he wants and what he doesn’t want. That was true long before he became president and it has continued since he entered the White House in 2017. Unfortunately what the President says he wants and his own policies are contradictory to one another in several instances. Let’s start with the ...

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