Economy (page 95)

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    A ‘big, bold’ tax cut

    That’s what Steve Forbes wants to see from Donald Trump. He explains why in the latest issue of Forbes. CRUCIAL TO Donald Trump’s success as President is a vigorous economic revival, and key to that is a big tax cut. Both the tax plan…
    Mitch Kokai, December 19, 2016
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    Trump and economic growth

    The latest Barron’s cover story from John Kimelman projects the impact of Donald Trump’s policies on the American economy. The big question for investors is whether Trump’s pro-growth, tax-reform, and fiscal-stimulus policies will outweigh his protectionist views, says Matthew Peron, head of global equities…
    Mitch Kokai, November 14, 2016
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    Can cities sue for the damage subprime loans did to them?

    That’s the question before the Supreme Court. Amelia Thomson-DeVeaux describes the issue for Fivethirtyeight.com: In the aftermath of the housing crisis of 2008, big banks such as Wells Fargo shelled out hundreds of millions of dollars to black and Latino borrowers who claimed they were steered into higher-risk, higher-fee…
    Michael Lowrey, November 10, 2016
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    The future of public-private partnerships

    With the election behind us, one PPP — Public Policy Polling — might fade into the background for a while while another — public-private partnerships — attracts new attention. Richard Geddes of the American Enterprise Institute writes about the importance of getting the latter type of…
    Mitch Kokai, November 9, 2016
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    U.S. wages are finally starting to rise

    The U.S. economy continues its long, slow recovery. It seems that we’re finally to the phase where wages are starting to go up. Per fivethirtyeight.com: It may be too late to affect Tuesday’s election, but the economy is finally delivering real wage growth to American workers. The average U.S.
    Michael Lowrey, November 4, 2016
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    The decline of retail, November 2016 edition

    Macy’s to close at Carolina Place Mall in the Charlotte suburb of Pineville. The store opened at the mall in 1993.
    Michael Lowrey, November 1, 2016
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    What’s wrong with NASCAR?

    The Charlotte Observer has a longer article out looking at why NASCAR attendance is tanking. The problem: Speedway Motorsports, based in Concord, International Speedway Corporation and Dover Motorsports are three publicly traded companies that own and manage racing facilities that host NASCAR races. At SMI, which owns nine tracks…
    Michael Lowrey, October 21, 2016
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    The shrinking number of U.S. restaurants

    Lots of interesting information from the Wall Street Journal on the current state of the restaurant business. Simply put, if you thought that a bunch of eateries catering to herds of always-eating-out millennials were going to transform your city’s downtown, you’re likely to be disappointed. The U.S. is…
    Michael Lowrey, October 18, 2016