Business Update – November 13 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy.
A snapshot of business growth by county and industry
New County Business Patterns visualization shows where most business activity occurs in the United States and U.S. Island Areas. Explore a new interactive data visualization that uses the latest data released from the U.S. Census Bureau’s 2022 County Business Patterns (CBP).
Trump’s victory: What it means for taxes
After a presidential campaign that saw a steady stream of tax proposals aimed at a wide range of constituents, Donald Trump will return to the White House next January, when he can begin trying to deliver on those promises.
Federal Reserve cuts interest rates for 2nd straight meeting
The Federal Reserve followed through on a quarter-point interest rate cut on Nov. 7 as officials continue to loosen the central bank’s tight monetary policy.
What does Trump’s 2024 election win mean for global markets?
As Donald Trump was projected to win the White House, according to Edison Research, the U.S. dollar and stock market are seen as winners, but a Republican presidency could weigh on bonds, emerging markets, clean energy and sustainable investing. Here’s how
US economy grew 2.8% in the third quarter
The Commerce Department’s Bureau of Economic Analysis released its advance estimate for third-quarter gross domestic product (GDP), which found the U.S. economy grew at an annual rate of 2.8% in the third quarter, which runs from July through September.
What Trump’s second term could mean for student debt
Donald Trump’s Oval Office return could mean a major rollback of efforts to relieve student debt — at least if his campaign comments and first-term record are any indicator.
6 types of e-commerce fraud threatening online shopping
E-commerce fraud is an issue that’s growing increasingly significant as online shopping continues to rise in popularity. By 2030, the global B2C e-commerce market is set to be worth around $7.9 trillion, and malicious actors are keen to get a piece of the pie by scamming online buyers.
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