Business News

Zero. Nada. Nothing.

Citing a slow-growth global economy, 3M has lowered its 2015 earnings outlook. 3M now expects full-year growth of about 1%, compared with previous guidance of 1.5 to 2%. For 2016, 3M sees earnings per share increasing 7% to 12% with sales growth of 1% to 3%. (CNBC)
 
Zero. Nada, Nothing. That is the consumer inflation level in November. If you take out food an energy inflation is up 2% for the last year.  That is the highest level since July of 2012.  (Fox Business News)
 
If you have been chasing yield and are unlucky enough to own high yield bonds you have been feeling this pain. Fitch Ratings says high-yield issuers have now posted at least $1.5 billion in defaults every month for 13 straight months. That's just one month short of the streak at the peak of the 2008 financial crisis. (CNBC)
 
The deadline is today for those without health care insurance to sign up for Obamacare in time for coverage to begin on Jan. 1. People have until Jan. 31 to obtain insurance or face the penalty. (USA Today)
 
Just 10 days till Christmas and 22%, of employed Americans expect to receive a holiday bonus and12% percent anticipate a pay raise this holiday season. (CNBC)

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