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Business and Finance

The Poor Keep Getting Poorer: What The Unemployment Rate Isn’t Telling You

Even as unemployment reaches a 17-year low, America’s wealth gap continues to increase. According to the Federal Reserve, the top 1 percent of Americans hold 38.6 percent of the nation’s wealth. Conversely, the racial wealth gap for low-income families appears to have shrunk since the recession. However, this is not due to an improvement in…

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Business and Finance

Workers In America Have Shorter Lifespan And A Longer Working Life

It’s not good news for workers in America. New research shows that U.S. life expectancy is now decreasing rather than increasing. To make matters worse, a recent data release on the U.S. labor force indicates that American workers are working longer than ever and experiencing less healthy and shorter retirements. Bloomberg lists some of the…

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Business and Finance

Media Industry Heads Jockey For Power In A Game Of Thrones-Like Struggle For Dominance

The old balance of power in the media industry has crumbled and burned. Ever since AT&T stated its intentions to buy Time Warner, media companies and investors have been scrambling to make deals and solidify their position in the industry’s rapidly changing power structure. The chaos is underpinned by broader changes affecting the media industry….

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Business and Finance

Can Tesla Bounce Back From Bad News? – Yes And Here’s Why

Tesla, solar technology and automaker and the brainchild of famed tech billionaire Elon Musk, has proven once again that it is immune to bad news. Despite its $60 billion market cap and extraordinarily positive public image, Tesla looks set to announce enormous losses for Q3 2017. Business Insider reports that the losses could be greater…

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Business and Finance

Investor Explains Why Tech Stocks Are Defying A Surefire Sell Signal

Investors in the tech industry have pointed to trouble ahead after some closely followed measures of tech valuations have revealed that they are, in fact, over-expensive. Including the cyclically adjusted price-earnings ratio, investors have compared the current stock market to the highs of the dot-com bubble in the early 2000’s. However, according to Mr. Jim…