Updates – Inflation

Tiny Tax Moves Can Save You Big on Medicare Premiums

Now is a good time for higher-earning Medicare recipients to check whether a small reduction in this year’s income could make a big difference in future premiums.

Read More

Google expands plans for its massive second headquarters in San Jose

A new proposal shows Google is expanding the scope of its massive planned headquarters in San Jose, California.

Read More

Crowds force Costco to shut maiden China store early on opening day

U.S. wholesale chain Costco was forced to shut its first store in China early on its opening day on Tuesday, according to state media, after large crowds flocked through the door and caused traffic jams in the Shanghai neighborhood.

Read More

China posts its lowest quarterly growth in 27 years as the trade war drags on

China released second-quarter figures on Monday showing that its economy slowed to 6.2% — the weakest rate in at least 27 years, as the country’s trade war with the U.S. took its toll.

Read More

JP Morgan raises its stock market forecast, sees a China trade deal and an easy Fed

J.P. Morgan raised its 12-month S&P 500 forecast on Monday, telling clients the market is set for even more gains in the second half of the year as the Federal Reserve pivots toward easier monetary policy and the Trump administration looks to end its entrenched trade war with China.

Read More

Debt and deficits won’t be as bad as feared but are still dangerous, CBO says

Attached article explains that US debt as a percent of GDP is 141%. This figure does not include entitlement spending which is not currently funded by the US government. If we add in entitlement spending deficits, US debt to GDP is over 500%. This is why entitlement reform is absolutely coming.

Read More

These are the top 10 beaches in America

When determining the best beaches in America, Dr. Beach factors in 50 criteria, including water temperature, sand softness, views and vistas and public safety.

Read More

Why China’s rare earths threat is no game changer in the trade war

China’s threat to stop exporting rare earth minerals to the United States may not give Beijing much leverage in the ongoing trade war between the world’s two biggest economies.

Read More

That $22 trillion national debt number is huge, but here’s what it really means

National debt for the first time passed $22 trillion this week — a big, scary number that really doesn’t pose much of a threat now but threatens to in the future.

Read More

Inside the Future Factory

Over the past 40 years, the fishing village of Shenzhen has been reborn as a futuristic metropolis bursting with factories.

Read More