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December 07, 2016

WASHINGTON — U.S. services companies expanded last month at their fastest pace in more than a year, an encouraging sign for the economy.

The Institute for Supply Management, a trade organization of purchasing managers, said Monday that its services index reached 57.2 in November, up from 54.8…


Economists see 'new normal' of slow growth

December 06, 2016

Americans should get used to a “new normal” of slow economic growth, business economists say.

The median estimate from economists surveyed by the National Association for Business Economics calls for the American economy to grow 2.2 percent in 2017, up from a forecast 1.6 percent this…


Many companies don't have enough disaster insurance

December 05, 2016

NEW YORK — A fire at the gun shop next door never reached Kathy Laurienti's sausage and specialty food store, but the water and smoke damage was enough to shut her business down. Because Laurienti didn't have enough insurance, it's still closed — more than a year later.

Laurienti still…


Will Trump's economic policies work?

December 05, 2016

The voting is over, and we now know Donald J. Trump will take office next year as the 45th President of the United States in January.

A big part of the presidential political campaigns centered on the economy, with candidates talking about boosting economic growth, creating jobs and improving pay.…