Economic Outlook

3 Restaurants That Could See Labor Pressure From Amazon’s Wage Increase

amazons

E-commerce giant Amazon’s announcement that it will pay each worker at least $15 per hour could impact the restaurant sector, which is seeing 4-5-percent wage inflation, increased levels of turnovers and a tight labor market, according to Bank of America Merrill Lynch. 

Analyst Gregory Francfort speculated on which restaurant stocks could be most impacted by Amazon’s wage hike in a Tuesday note…. CLICK for complete article

US Gross National Debt Jumps by $1.27 Trillion in Fiscal 2018, Hits $21.5 Trillion

debt

The US gross national debt jumped by $84 billion on September 28, the last business day of fiscal year 2018, the Treasury Department reported Monday afternoon. During the entire fiscal year 2018, the gross national debt ballooned by $1.271 trillion to a breath-taking height of $21.52 trillion…. CLICK for complete article

US Gross National Debt Jumps by $1.27 Trillion in Fiscal 2018, Hits $21.5 Trillion

debt

The US gross national debt jumped by $84 billion on September 28, the last business day of fiscal year 2018, the Treasury Department reported Monday afternoon. During the entire fiscal year 2018, the gross national debt ballooned by $1.271 trillion to a breath-taking height of $21.52 trillion…. CLICK for complete article

The New NAFTA Ends American Trade Drama

usofcanada

After 14 months of wrangling and talk that Canada would be excluded from a new version of NAFTA, the drama is over, and a new era begins. NAFTA is dead, and its successor is a new acronym that no one will ever use, even if it will govern over $1 trillion in trade…. CLICK for complete article

The New NAFTA Ends American Trade Drama

usofcanada

After 14 months of wrangling and talk that Canada would be excluded from a new version of NAFTA, the drama is over, and a new era begins. NAFTA is dead, and its successor is a new acronym that no one will ever use, even if it will govern over $1 trillion in trade…. CLICK for complete article