US Economy Adds 227,000 Nonfarm Jobs In January, Labor Participation Rate At 62.9%

US Economy Adds 227,000 Nonfarm Jobs In January, Labor Participation Rate At 62.9%

Washington, DC…According to the Bureau of Labor Statistics Nonfarm payroll employment rose by 227,000 in January, and the unemployment rate was little changed at 4.8 percent. Job gains occurred in retail trade, construction, and financial activities. In 2016, job gains averaged 187,000 per month. Incorporating revisions for November and December, which decreased nonfarm payroll employment […]

Gross Domestic Product Only 1.6% In 2016 & 1.9% For 4th Quarter

Gross Domestic Product Only 1.6% In 2016 & 1.9% For 4th Quarter

Washington, DC…Real gross domestic product (GDP) increased at an annual rate of 1.9 percent in the fourth quarter of 2016 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.5 percent. The Bureau emphasized that the fourth-quarter advance estimate released today is based […]

Ringling Bros. and Barnum & Bailey® Circus Will End Its 146 Year Run in May

Ringling Bros. and Barnum & Bailey® Circus Will End Its 146 Year Run in May

Ellenton, Fl…Feld Entertainment Inc., parent company of Ringling Bros. and Barnum & Bailey® and the world’s largest producer of live family entertainment, announced today that the iconic 146-year-old circus would hold its final performances later this year. Ringling Bros.®’ two circus units will conclude their tours with their final shows at the Dunkin’ Donuts Center […]

SpaceX Successfully Launched 10 Iridium Satellites Today As Launches Resume

SpaceX Successfully Launched 10 Iridium Satellites Today As Launches Resume

Vanderberg, CA…From Spacex: “On January 14, 2017, SpaceX’s Falcon 9 successfully delivered 10 satellites to low-Earth orbit for Iridium, a global leader in mobile voice and data satellite communications. The 10 satellites are the first of at least 70 satellites that SpaceX will launch for Iridium’s next generation global satellite constellation, Iridium NEXT. Below is […]

Stanley Black & Decker Reaches Agreement To Purchase Craftsman Brand From Sears Holdings

Stanley Black & Decker Reaches Agreement To Purchase Craftsman Brand From Sears Holdings

New Britain, Conn…Stanley Black & Decker an S&P 500 global diversified industrial company, and Sears Holdings Corporation (NASDAQ: SHLD) (“Sears Holdings”), announced today that they have entered into a definitive agreement under which Stanley Black& Decker will purchase the Craftsman brand from Sears Holdings. The transaction provides Stanley Black& Decker with the rights to develop, […]

New Year’s Advice In “The Way To Wealth” From America’s Grandfather Ben Franklin

New Year’s Advice In “The Way To Wealth” From America’s Grandfather Ben Franklin

Philadelphia, PA..America’s first self help author and motivational best seller was Benjamin Franklin. Not only that but he was America’s first publishing self made millionaire. He made enough that before he left to be our first Ambassador to France he loaned the Continental Congress money to help fund the revolution. He rose from humble beginnings […]

Penthouse At Dancing Bear Aspen Sells For $16 Million, Setting New Price Per Square Foot Record Of $5,427 Per Foot In Aspen Real Estate Market

Penthouse At Dancing Bear Aspen Sells For $16 Million, Setting New Price Per Square Foot Record Of $5,427 Per Foot In Aspen Real Estate Market

Aspen, CO…Dancing Bear Aspen announced today the $16,000,000 sale of the penthouse residence within its newly opened Mountainside building, setting a new price per square foot record in the Aspen real estate market. At a price of $5,427 per square foot, the sale tops the previous most expensive residence sold in downtown Aspen earlier this […]

Justice Department Clears Alaska Air Group’s Acquisition Of Virgin America

Justice Department Clears Alaska Air Group’s Acquisition Of Virgin America

Seattle, WA…The Antitrust Division of the United States Department of Justice (DOJ) today completed its review and approved Alaska Air Group’s (NYSE: ALK) acquisition of Virgin America (NASDAQ: VA). Alaska Air Group is the parent company of Alaska Airlines, Inc. and Horizon Air Industries, Inc. “We couldn’t be more excited about receiving DOJ clearance for […]

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