Sales & Marketing news

• Hurricane Harvey will make it harder to gauge the US jobs market

  02-09-2017 18:20 via feedproxy.google.com
  The Bureau of Labor Statistics stressed Friday that Hurricane Harvey had "no discernible effect" on the August jobs report. It had conducted the survey for the report during the week of the 12th, before the storm made landfall in Texas.
  But the economic impact of what could be the costliest storm in US history is set to start showing up soon.
  "It's going to be more difficult in the next two months to gauge the jobs market," said Carl Tannenbaum, the chief economist at Northern Trust.
  "The data
  
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• Here's how much it costs each month to own a home in the 15 largest US metros

  02-09-2017 18:14 via feedproxy.google.com
  With home prices on the rise across the US — and incomes lagging far behind — the decision to become a homeowner is nothing short of a serious financial commitment.
  While you'll need to have money saved for a down payment, typically 20% of the purchase price, the biggest cost is recurring monthly payments. That is, your mortgage payment (principal and interest), plus taxes and homeowner's insurance, all together known as PITI.
  While some of these numbers can vary depending on the exa
  
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• Amazon is the new Walmart — and Whole Foods just inherited all of the e-commerce giant's baggage (AMZN)

  02-09-2017 15:25 via feedproxy.google.com
  Amazon is already changing Whole Foods — and it's a departure from the grocery chain's hippie roots. 
  Amazon is increasingly being painted as the "new Walmart," a villain that is hurting American small business. 
  Fairly or unfairly, both Amazon and Whole Foods' reputations are shifting away from their progressive former identities. 
  Whole Foods got its start as a hippie, natural foods store with a feel-good message. 
  Now, it's owned by a company that's gi
  
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• Trump's trade threats are based on a deep misunderstanding of the US-China economic relationship

  02-09-2017 14:33 via feedproxy.google.com
  President Donald Trump keeps threatening trade spats with China, then retreating.A new report from the Institute for International Finance warns of the risks of a trade war.
  Trump's view ignores the benefits of open trade for the world's two largest economies.
  President Donald Trump has a confusing relationship with China.
  The fiery populist ran on an anti-free-trade platform that blamed China and Mexico, in addition to "terrible deals," for America's economic and employment troubles. He then c
  
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• Hurricane Harvey is the 10th natural disaster in 2017 to cause more than $1 billion in damage

  02-09-2017 13:59 via feedproxy.google.com
  As Hurricane Harvey moves away from the Gulf Coast, the storm leaves behind a massive amount of devastation in its wake.
  Flooding and storm damage in Texas and Louisiana is expected to cost as much as $100 billion to clean up and repair the damage.
  While Harvey is on pace to be one of the most costly disasters in US history, it isn't the only devastating natural disaster to hit the US this year. According to the National Oceanic and Atmospheric Administration's National Centers fo
  
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• More young adults live with their parents today than 10 years ago

  02-09-2017 11:30 via feedproxy.google.com
  More young adult Americans live at home today compared to 10 years ago.
  In 2005, a majority of young adults — those aged 18 to 34 — lived either alone, with a spouse, or with an unmarried partner, according to 2017 report from the Census Bureau. Independence from one's parents was the majority living arrangement in 35 states.
  Fast forward to 2015: Only six states had a majority of young adults living away from home.
  Some point a finger at "lazy millennia
  
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• Here's how Roku — the electronics company that's kept Apple and Amazon at bay — makes money

  02-09-2017 03:15 via feedproxy.google.com
  If you're familiar with Roku, the first thing that likely comes to mind are its digital media players. 
  But the company has other ways of bringing in money that just by selling its $100 boxes and $40 streaming sticks. In fact, the fastest growing area of its business is actually selling advertising. 
  The private company revealed some crucial details about its business on Friday when it publicly filed for an initial public offering of shares. The filing made with the Securities and
  
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• Roku's boxes offer thousands of channels — but viewers are largely just tuning in Netflix

  02-09-2017 01:10 via feedproxy.google.com
  Roku's first streaming media device was so closely linked to Netflix that it was called the Netflix Player.
  Nine years later, the electronics company is still pretty closely linked to the streaming media giant.
  Netflix is the most watched service on Roku boxes. About a third of the 6.7 billion hours Roku box owners spent streaming video through their boxes in the first half of this year was spent watching Netflix, Roku said in a regulatory document filed Friday that represented its first st
  
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