Household Income Rises to Highest Level Ever & Poverty Drops in Latest Data From the Census Bureau

Household Income Rises to Highest Level Ever & Poverty Drops in Latest Data From the Census Bureau

Washington, DC…The U.S. Census Bureau announced today that real median household income increased by 1.8 percent between 2016 and 2017, while the official poverty rate decreased 0.4 percentage points. At the same time, the number of people without health insurance coverage and the uninsured rate were not statistically different from 2016. Median household income in […]

Gross Domestic Product: Second Quarter Revised Up to 4.2% as Economy Rolls On

Gross Domestic Product: Second Quarter Revised Up to 4.2% as Economy Rolls On

Washington, DC…Real gross domestic product (GDP) increased at an annual rate of 4.2 percent in the second quarter of 2018 (table 1), according to the “second” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 percent.  The GDP estimate released today is based on more complete source data than […]

As Steve Would Have Said “One More Thing” iPhone X Launches Last At Live Apple Event

As Steve Would Have Said “One More Thing” iPhone X Launches Last At Live Apple Event

Cupertino, CA…Apple today announced iPhone X, the future of the smartphone, in a gorgeous all-glass design with a beautiful 5.8-inch Super Retina display, A11 Bionic chip, wireless charging and an improved rear camera with dual optical image stabilization. iPhone X delivers an innovative and secure new way for customers to unlock, authenticate and pay using […]

The Discussion Draft Of “Better Care” Has Been Released By The Senate

The Discussion Draft Of “Better Care” Has Been Released By The Senate

Washington, DC…The Discussion Draft – Senate Republican Health Care Bill has been released.  View the Senate Republican Health Care bill here.Senate Republican Health Care Overhaul Proposal Seven years ago, Democrats imposed a risky health care experiment on Americans that led to skyrocketing costs and collapsing insurance markets.  Senate Republicans are working to fix the mess Democrats […]

Amazon to Acquire Whole Foods Market

Amazon to Acquire Whole Foods Market

Seattle & Austin, TX…Amazon (NASDAQ:AMZN) and Whole Foods Market, Inc. (NASDAQ:WFM) today announced that they have entered into a definitive merger agreement under which Amazon will acquire Whole Foods Market for $42 per share in an all-cash transaction valued at approximately $13.7 billion, including Whole Foods Market’s net debt. “Millions of people love Whole Foods […]

Federal Reserve Moves Forward With Rate Increase

Federal Reserve Moves Forward With Rate Increase

Washington, DC…Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have moderated but have been solid, on average, since the beginning of the year, and the unemployment rate has declined. […]

Sickness Unto Death Part III: Why Katsu is Healthier Than Carl? ~ By John MacWillie, Ph.D.

Sickness Unto Death Part III: Why Katsu is Healthier Than Carl? ~ By John MacWillie, Ph.D.

Murphys, CA…Americans like to think of themselves as the wealthiest, healthiest, and luckiest country in the world. I won’t debate the first and last points here, but, the United States is decidedly not the healthiest. How do we know that? Americans like to think of themselves as the wealthiest, healthiest, and luckiest country in the […]

Record Set for Longest DRONE Urban Package Delivery in the U.S.

Record Set for Longest DRONE Urban Package Delivery in the U.S.

Austin, TX…A new record has been set in long-distance drone delivery. On May 5, 2017, a Nevada UAS Consortium (Team Roadrunner) set the record flying a fixed-wing Unmanned Aerial Vehicle (UAV) over 97 miles to Austin, Texas using cellular connectivity. Launched from a central Texas urban location, the UAV flew a preplanned route through the […]

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