Virgin Galactic reaching the edge of space, Apple to build adding thousands of American jobs, baby boomers aging alone, and Google’s top U.S. trending search queries.
Here are the top newsworthy items from this past week as shared on our Facebook page.
Volatility has returned to the markets in the past few weeks. This has led to mixed messages to the public as positive economic news is mingled with sudden drops in major indices.
Most of the bad news seems to be generated from outside of the US. A major contributing factor to the outside negativity stems from the feeling of many that Europe is sliding back into yet another recession
The media, government officials, economists, and nearly anyone else with mainstream attention talks about the unemployment level. They freely use it as a gauge of how well the economy is doing. The unemployment level has essentially become the official thermometer with which to judge the health of our economy.
But is it really enough? Can one figure, one form of measurement, truly be all that is necessary to gain a comprehensive idea of the state of our economy?
The Chinese middle class is growing and, with it, so are the costs of labor. Only a few short decades ago, the world turned to China (as well as some other Asian countries) to produce manufactured goods for low costs. Now China is looking to do the same. China’s target: Africa.