As the retail industry transitions, a good economy provides relief for retail workers

Joel Porras has been working at Bonobos, an e-commerce clothing subsidiary of Walmart for the past two years. As a sales associate, he guides clients into making their clothing choices when they come in to shop. But he graduated with a degree in Media Studies from...

Trump’s trade war is putting pressure on homebuilders

After tariffs on lumber and steel went into effect, the cost for Paul Schwinghammer to operate his Indiana-based home building and renovation company soared. “In the last two to two and a half years, our prices are up about 20 percent,” said Schwinghammer who is...

Jobs jump in April, in 103rd straight month of growth

Hiring jumped in April, with unemployment down to its lowest rate in decades, giving President Trump continued political fodder while he takes credit for economic growth. Nonfarm payrolls increased by 263,000 in April, the Labor Department said Friday, solidifying a...

Buying a car online like you buy your phone remains a distant reality

Unsplash/ Filip Filkovic Philatz

Worried about a robot taking your job? 3D printing may help you land one

Miguel Gomez, 25, was working in retail and computer repair when he was offered a job as a field service technician for EnvisionTEC—a company that manufactures 3D printers. Now, after working his way up through the company for five years, he is their North American...

Retail Sales rise in January but fail to recover the December losses

Retail sales rose moderately in January, hinting to a slowdown in the economy and a slower growth in consumer spending for 2019. Sales increased by 0.2 percent in the first month of the year, the Commerce Department said Monday. However, economists were surprised by...

Durable Goods Report Better Than Expected, but Economists Aren’t too Impressed

Orders for durable goods were up in January, but the overall report suggested that business investment growth is cooling off. U.S. orders for durable goods—products that have a life expectancy of three or more years—increased 0.4% percent, the Commerce Department said...

U.S Retail Sales report a record 10-year low

Retail sales saw the biggest drop in nine years in December, hinting to a decline in consumer spending in 2018. Sales fell by 1.2 percent in the final months of the year, the Commerce Department said Thursday. The drop surprised economists, as they expected an...

Low fuel prices keep inflation low in January as Fed backs off interest rate raises

Falling energy prices continued to keep overall inflation down in January, which could keep Federal Reserve interest rate hikes at bay. The consumer price index was unchanged for the third month in a row, the Bureau of Labor Statistics said on Wednesday.  Prices...