FourStar Wealth Blog

  Every year, we celebrate a long labor day weekend, and mostly take for granted the remarkable economic engine that employs 125.89 million Americans. Recently, Forbes magazine tweeted a number of Labor Day statistics that will probably surprise you. Most Americans work in one of five different sectors: 14% in professional and business services 13.5% in production and manufacturing 13.4% in state or local government 13.2% in healthcare and social assistance 11.0% retail Most ofRead More
Yellen says rate-hike case ‘strengthened in recent months’ By Craig Torres August 26 2016, 2:38pm EDT“In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months,” she said in a speech Friday to central bankers and economists in Jackson Hole, Wyoming.Yellen also said the economy is “nearing” the Fed’s goalsRead More