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Market and economic update: Fed dominated last week’s economic data

Federal Reserve news dominated economic data last week. The minutes of the July Federal Open Market Committee meeting seemed to indicate the Fed believes the economy and labor markets are consistently improving and rates may be allowed to rise sooner rather than later.

Posted at 04:09 PM | Permalink | Comments


Market and economic update: U.S. economic data continues to trend positive

The positive trend in U.S. economic data continued last week. Industrial production grew 0.4% in July and nearly 5% over the past year, the highest year-over-year pace since January 2011, with capacity utilization (the rate of usage for industrial equipment) inching up to 79.2%, the highest level since 2008.

Posted at 10:04 AM | Permalink | Comments


Dedicated night owl finds time for Get Fit Challenge

I hate working out. I have a treadmill. I have a weight machine. I have a room dedicated to working out. And I hate doing it. It’s boring. I would much rather play a pickup game of basketball or go hiking or go for a bike ride. Problem is, by the time I can get a workout in, it’s late at night.

Posted at 01:49 PM | Permalink | Comments


Must employees be paid for time spent prepping for the workday?

Many employers have employees who must arrive at work before their official start times to get their workstations ready. For example, a call center employee who works from 9 a.m. to 5 p.m. may need to arrive at work in the morning with enough time to boot up a computer, log in to company systems, and otherwise be ready to take the first call at 9 a.m. so that he or she will be considered “on time” per the company’s rules.

Posted at 01:22 PM | Permalink | Comments


Market and economic update: U.S. employment market remains strong

After the recent bumper crop of economic data, last week’s calendar was quite meager. The U.S. employment market remains strong, with the four-week average of initial unemployment claims falling below 300,000 for the first time in eight years.

Posted at 04:11 PM | Permalink | Comments

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