Shelly Hagan

Business, Technology, Autonomous

Robots Displacing Jobs Means 120 Million Workers Need Retraining

Robotic Arm Kiyoshi Ota/Bloomberg News

More than 120 million workers globally will need retraining in the next three years due to artificial intelligence’s impact on jobs, according to an IBM survey.

Shelly Hagan | Bloomberg News
September 6, 2019
Business, Fuel

Two Texas Oil Towns Among Metros With Fastest Population Growth

Midland, Texas Getty Images

Two Texas economies are reaping the benefits from the oil boom in the Permian Basin with people “voting with their feet.”

Shelly Hagan | Bloomberg News
April 19, 2019
Business, Logistics

Landstar Analyst Invokes ‘Spaceballs’ in Bullish Freight Thesis

Landstar truck on highway Landstar

Landstar System’s stock is traveling at “ludicrous” speed after a series of bullish analyst calls, including one with references from the movie “Spaceballs.”

Shelly Hagan | Bloomberg News
July 31, 2018
Business

Americans’ Economic Expectations Match Strongest Since 2002

Gary H. Spielvogel/Flickr

Americans’ outlook for the economy climbed in March for a third straight month to match the highest level since 2002, data from the Bloomberg Consumer Comfort Index showed March 22.

Shelly Hagan | Bloomberg News
March 22, 2018
Business

Consumer Comfort Hovers Near Highest Level in 17 Years

David Paul Morris/Bloomberg News

Americans’ sentiment remained close to a 17-year high on rosier views of personal finances and the buying climate, as workers enjoy more take-home pay after the recent tax-cut legislation, according to the weekly Bloomberg Consumer Comfort Index released March 1.

Shelly Hagan | Bloomberg News
March 1, 2018
Business

Americans’ Economic Expectations Reach Second-Highest Since 2002

Getty Images

Americans’ outlook for the U.S. economy improved in February to the second-highest level since March 2002, indicating lower taxes are resonating, the Bloomberg Consumer Comfort Index showed Feb. 21.

Shelly Hagan | Bloomberg News
February 21, 2018
Business

Consumer Sentiment Jumps After Tax Cuts Blunt Stock Gyrations

Getty Images

U.S. consumer sentiment unexpectedly rose in February to the second-highest level since 2004 as tax cuts and a strong job market helped Americans shrug off stock-market volatility, a University of Michigan survey showed Feb. 16.

Shelly Hagan | Bloomberg News
February 16, 2018
Business

Homebuilder Sentiment Remains Near Highest Level Since 1999

Luke Sharrett/Bloomberg News

Confidence among American homebuilders held steady in February near the highest level since 1999, suggesting that demand for housing is expected to remain strong, according to data Feb. 15 from the National Association of Home Builders/Wells Fargo.

Shelly Hagan | Bloomberg News
February 15, 2018
Business

Consumer Comfort Jumps Despite Stock-Market Turbulence

Getty Images

U.S. consumer sentiment jumped last week to the highest level since February 2001, indicating Americans were shaking off turbulence in the stock market, according to the Bloomberg Consumer Comfort Index.

Shelly Hagan | Bloomberg News
February 14, 2018
Business

Consumer Comfort Stays Elevated Even as Stocks Fall

Scott McIntyre/Bloomberg News

U.S. consumer comfort last week held near the highest level since 2001 even as stocks fell on concerns about higher interest rates, the Bloomberg Consumer Comfort Index showed Feb. 8.

Shelly Hagan | Bloomberg News
February 8, 2018

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