Posts in category News

Consumer spending rose again in November 2013 at the fastest rate since June – the latest in string of good news about the economy.

The U.S. Department of Commerce reported that spending by consumers had jumped by .5% in November after a .4% gain in October. The Commerce Department reported that the gain was driven by consumers buying durable goods such as automobiles, furniture and appliances.

As the country headed into the last weekend before the Christmas break, the federal government announced that the gross domestic product in the third quarter grew at a faster rate than first reported.

The economy expanded in the third quarter at a 4.1% annualized rate, higher than the 3.6% first reported, according to the U.S. Department of Commerce. That’s the fastest rate in almost two years.

Unlike many professions, those who enter business will often enter the work world after earning an under graduate degree, only to return to school later for graduate school.

This creates a situation where graduate school students have great experience , having spent years in the workforce, learning how ideas learned in school are applied in the real world. However, going back to school can often be a difficult transition, according to an article from U.S. News & World Report.

The University of California, Los Angeles, has the most driven students in the country, based on a report from the company Views On You.

The company, based in London, gathers information from students to help match them with the companies that best match their skill sets.

The company bases a person’s personality on three factors – energy, which gauges how you work; interpersonal, which gauges how you interact with others; and intelligence, which gauges how you think.

Housing starts surged in November, increasing almost 23% over the previous month, according to numbers released this week by the U.S. Department of Commerce.

The increase translates into an annual new home start rate of 1.019 million, according to the Commerce Department. It’s the highest level since February 2008.

A new report shows that more private college president than ever are making $1 million-plus salaries at a time when the expense of higher education is keeping many people out of school.

The Chronicle of Higher Education reported that 42 private college presidents had earnings that topped $1 million in 2011, the latest available figures available. That was a 36% increase from the 2010 level.

The announcement this month that as many as 40 million Target customers may have had their credit and debit account information stolen emphasizes the need for businesses to maintain strong cyber security.

Target revealed that between Nov. 27 and Dec. 15, credit and debit card numbers, customer names, card expiration dates and three-digit security codes were all taken when the company’s database was hacked.

With all the attention and focus on college education by both the government and private sector, college graduate rates have actually stalled, a new study has found.

About 56% of students who entered college as freshman in 2007 had earned a degree six years later, according to a report from the National Student Clearinghouse Research Center. That rate is the same as it was in 2006.

A number of factors – including a resurgent automobile industry and an increase in energy industry production – are pointing to an improving economy in 2014, according to predictions from Forbes.

Forbes writer Michael Evans offered a list of factors that have helped the United States experience a “slow but steady recovery” since the end of the Great Recession in 2008.

The nation’s industrial output experienced the biggest increase in a year in November, led primarily by utility companies making big profits during the recent cold temperatures across the country.

According to the Federal Reserve, industrial production increased by 1.1% in November, which is the biggest increase since November 2012.

Compared to November 2012, production is up 3.2%.