More on Consumer Sentiment: The 74.5 read wasn't just sharply below the 83 consensus, it was 5 points underneath the lowest estimate out there. It was led by a 13 point plunge in expectations to 64.6. Double-digit declines are very rare, say the report authors, and point to a "sudden pessimism" as the final surge of the holiday shopping season approaches. The XLY, XRT, and XLP can't be bothered, all with moderate gains today. [View news story]
All polls blame Republicans in Congress for fiscal cliff. More will be voted out in 2014.
More on Nonfarm payrolls: The guts aren't as pretty as the headline. Revisions downward to the Sept. and Oct. numbers total 49K, about equal to the 53K beat. The improvement in the unemployment rate comes as the labor force participation rate falls to 63.6% from 63.8. The employment-population ratio falls to 58.7% from 58.8%. The average workweek is flat at 34.4 hours. [View news story]
What a great leader we have in President Obama,America is looking forward to his next 4 years.
After a nearly week-long silence, private talks over how to avoid the fiscal cliff have resumed between the staff of House Speaker John Boehner and the White House. Differences between the two sides still remain wide however, over how to avert the looming tax increases and spending cuts. [View news story]
President Obama won the election with strong backing from working American families. Republicans lost with only support from wealthy, about 2% own 60% of everthing in America. Its past time the top 2% paid their fair share in federal taxes,today tax rates are at a 58 year low.
Exxon Mobil (XOM -0.2%) CEO Rex Tillerson will receive a bonus of $4.59M in cash and shares, up 5% Y/Y, with half paid in cash by year-end and the other half linked to the company's earnings, according to an SEC filing. Tillerson also will receive 225K restricted XOM shares, worth nearly $19.7M at today's price. XOM has gained ~3% YTD. [View news story]
A GOP counter offer to the White House includes $800B in new tax revenues (but without higher rates), and $1.4T in spending cuts. House Speaker Boehner calls the White House's original proposal a "la-la land offer." [View news story]
Short term memory problems for the Republicans, they just lost the election because America rejected those ideas.
Those who forget history are doomed to become republican.
A GOP counter offer to the White House includes $800B in new tax revenues (but without higher rates), and $1.4T in spending cuts. House Speaker Boehner calls the White House's original proposal a "la-la land offer." [View news story]
Tax cuts for top few percent has hurt 95% of American families, lower work wages, fewer retirement benefits,etc.
A GOP counter offer to the White House includes $800B in new tax revenues (but without higher rates), and $1.4T in spending cuts. House Speaker Boehner calls the White House's original proposal a "la-la land offer." [View news story]
No more free rides for wealthy. Raise taxes to Clinton rates when the US economy was booming, and 22 million jobs were created.
The fiscal cliff doesn't matter, writes The Brooklyn Investor. Selling stocks because you are worried about it is a mistake; so is buying because you think it will be resolved. To help ignore the noise, he says, think of Buffett's 20-hole punchcard - invest as if you'll only ever be allowed to make 20 decisions. [View news story]
True, Republicans plan to borrow and spend, cut taxes for top 2% untile US is the next Greece.
"There are two enormous problems with the story that manufacturing is returning to the U.S.," writes Felix Salmon. "(A) It’s not creating many jobs, and (b) the jobs it is creating are not the good jobs which people want to have for many years. Instead, they pay $15ish per hour, which is what teenage babysitters make in New York." [View news story]
Many jobs in Conservative states pay only $8-10 per hour, and come with food stamps-Medicaid. This allows the business owners to send millions to their offshore bank accounts each year.
Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government. [View news story]
Wyatt, only you would call food stamp card of $4.00 per day as well off for a worker at WalMart and many other American companies, while the owners have 10's millions in offshore bank accounts.
Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government. [View news story]
They inherited it all. Most all workers are on food-stamps. The jobs were created in China,Mexico. Cosco has better pricies,and pay all workers more than WalMart.
Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government. [View news story]
Wal-Mart is the retail wing of Communist China, with sweetheart deals on bulk manufacturing and all they had to do was drive mom and pop stores out of business to sew up massive supplies at a far lower cost than are available to smaller retailers. American jobs have vanished off Main Street, American jobs have gone to China and Bangladesh, living wages have gone down to the point that taxpayers have to pay the food portion of a Wal-Mart worker by way of food stamps but for some reason this sits well with Republicans while the heirs to Sam Walton sit on $250 billion and profits are at record highs. If you were to have access to the prices that Wal-Mart paid, and you had a mom and pop store, you too could offer low prices as China is prepared to sell at a loss to drive sales and recoup through smaller retailers. Wal-Mart is as anti-American as can be and they are decimating Main Street, There is no excuse for a company that has so much profit annually to keep taking from the workers and expecting everybody else to foot the bill through their taxes. Greed seems to have no limits and they even have the audacity to demand tax cuts so their portion of food stamps contribution is far less. America. With companies like Wal-Mart dictating which family run businesses will fold under their pressure, America is screwed. The irony is that conservatives pay lip service to the small business owner, pine for the halcyon days of the 50s and community but cheer on the destruction of the communities they live in by unfitted merchants of greed. What ever happened to love of country and looking out for the underdog, caring and compassion for your fellow American on the right hand side of politics? There is even gloating at the prospect of poor people being exploited and ripped of emanating from the right.
Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government. [View news story]
Six Waltons Have More Wealth Than the Bottom 36 % of Americans.
Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government. [View news story]
The problems started when taxes were cut & cut and cut to 58 year lows on business profits not paid to workers. This is just Conservative welfare going to top 1-5% of Americans. Leave it to wealthy to scam more money from the middle-class.
Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government. [View news story]
More on Consumer Sentiment: The 74.5 read wasn't just sharply below the 83 consensus, it was 5 points underneath the lowest estimate out there. It was led by a 13 point plunge in expectations to 64.6. Double-digit declines are very rare, say the report authors, and point to a "sudden pessimism" as the final surge of the holiday shopping season approaches. The XLY, XRT, and XLP can't be bothered, all with moderate gains today. [View news story]
More on Nonfarm payrolls: The guts aren't as pretty as the headline. Revisions downward to the Sept. and Oct. numbers total 49K, about equal to the 53K beat. The improvement in the unemployment rate comes as the labor force participation rate falls to 63.6% from 63.8. The employment-population ratio falls to 58.7% from 58.8%. The average workweek is flat at 34.4 hours. [View news story]
After a nearly week-long silence, private talks over how to avoid the fiscal cliff have resumed between the staff of House Speaker John Boehner and the White House. Differences between the two sides still remain wide however, over how to avert the looming tax increases and spending cuts. [View news story]
Exxon Mobil (XOM -0.2%) CEO Rex Tillerson will receive a bonus of $4.59M in cash and shares, up 5% Y/Y, with half paid in cash by year-end and the other half linked to the company's earnings, according to an SEC filing. Tillerson also will receive 225K restricted XOM shares, worth nearly $19.7M at today's price. XOM has gained ~3% YTD. [View news story]
A GOP counter offer to the White House includes $800B in new tax revenues (but without higher rates), and $1.4T in spending cuts. House Speaker Boehner calls the White House's original proposal a "la-la land offer." [View news story]
Those who forget history are doomed to become republican.
A GOP counter offer to the White House includes $800B in new tax revenues (but without higher rates), and $1.4T in spending cuts. House Speaker Boehner calls the White House's original proposal a "la-la land offer." [View news story]
A GOP counter offer to the White House includes $800B in new tax revenues (but without higher rates), and $1.4T in spending cuts. House Speaker Boehner calls the White House's original proposal a "la-la land offer." [View news story]
The fiscal cliff doesn't matter, writes The Brooklyn Investor. Selling stocks because you are worried about it is a mistake; so is buying because you think it will be resolved. To help ignore the noise, he says, think of Buffett's 20-hole punchcard - invest as if you'll only ever be allowed to make 20 decisions. [View news story]
"There are two enormous problems with the story that manufacturing is returning to the U.S.," writes Felix Salmon. "(A) It’s not creating many jobs, and (b) the jobs it is creating are not the good jobs which people want to have for many years. Instead, they pay $15ish per hour, which is what teenage babysitters make in New York." [View news story]
Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government. [View news story]
Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government. [View news story]
Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government. [View news story]
American jobs have vanished off Main Street, American jobs have gone to China and Bangladesh, living wages have gone down to the point that taxpayers have to pay the food portion of a Wal-Mart worker by way of food stamps but for some reason this sits well with Republicans while the heirs to Sam Walton sit on $250 billion and profits are at record highs.
If you were to have access to the prices that Wal-Mart paid, and you had a mom and pop store, you too could offer low prices as China is prepared to sell at a loss to drive sales and recoup through smaller retailers.
Wal-Mart is as anti-American as can be and they are decimating Main Street,
There is no excuse for a company that has so much profit annually to keep taking from the workers and expecting everybody else to foot the bill through their taxes.
Greed seems to have no limits and they even have the audacity to demand tax cuts so their portion of food stamps contribution is far less.
America. With companies like Wal-Mart dictating which family run businesses will fold under their pressure, America is screwed.
The irony is that conservatives pay lip service to the small business owner, pine for the halcyon days of the 50s and community but cheer on the destruction of the communities they live in by unfitted merchants of greed. What ever happened to love of country and looking out for the underdog, caring and compassion for your fellow American on the right hand side of politics?
There is even gloating at the prospect of poor people being exploited and ripped of emanating from the right.
Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government. [View news story]
Forbes
Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government. [View news story]
Leave it to wealthy to scam more money from the middle-class.
Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government. [View news story]