April 6, 2018

The Commerce Department released inflation numbers for the month of February on March 29th, revealing a 0.2% inflation figure for February, following a 0.2% figure in January. These figures are close to the 2% annual target the Federal Reserve set. Overall, the CPI inc...

April 6, 2018

Discussed earlier, the US wealth management industry is adapting to changing demands. This is also the case in China but under different circumstances. The Chinese industry is in the hands of the younger 30s-40s demographic. With the cultural emphasis on savings adapti...

April 6, 2018

The first quarter of 2018 has been disappointing for investors due to concerns about rising interest rates, inflation, and newly established tax rules. In February and March, municipal bond mutual funds only saw an investment of $268 million – a 92% drop from the five-...

April 5, 2018

With rumors going around about the number of drone pilots exceeding private manned aviators in a few years, U.S. regulators are expecting the number of commercial drones to quadruple over the next few years. The Federal Aviation Administration claims “450,000 such unma...

April 5, 2018

Consumer spending in the United States has slowed down in the recent months despite a tight labor market, a strong handle on short-term rates and steady economic activity around the world. Everyday consumers are puzzled by the fact that banks are becoming more cautious...

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