In the News: Top Stories in Business and Finance for October 2013

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Strategy:
Maintain complete control.

Growth:
Obtain positive cash flow.

Stability:
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Risk:
Decrease your exposure.

Efficient:
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Solutions:
Examine your business.

Value:
Knowing the cost of business.

Satisfaction:
Successful business.

Trust:
Industry leader.

Knowledge:
24/7 reporting.

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Thursday

Oct312013

Thursday, October 31, 2013

As a small business owner or company executive, it’s important to stay current on news related to business and the state of the economy. Between meetings, daily responsibilities and keeping tabs on internal operations, it can be a challenge to keep up with business and financial news that breaks on a daily or even hourly basis. Factor King® offers this quick monthly rollup of the most important stories related to business and finance.

Top Business & Finance News for October 2013

Federal Stimulus: Due to the government shutdown and ongoing debt ceiling debate resulting in a weaker economic outlook, bond buying will continue into next year, according to this CNN article: “This could be the largest Fed stimulus yet”
Obamacare Website Woes: The bigger story of the Obamacare launch isn’t its failed website, but how many big insurers sat out of this program - read more from Forbes in the article: “Obamacare Faces A 'Death Spiral' -- But It Turns On The Declining Participation Of Health Plans, Not Just Rising Premiums.”
Chipotle’s Stock Soars: Despite missing earnings goals, Chipotle stock hit all time highs after they announced price increases for 2014 and a commitment to using non-GMO ingredients. Read more: “Chipotle to raise prices in 2014; stock hits record high.”

Leading Economic Indicators for October 2013

Real Estate: Housing inventory is rising due to a plunge in the number of Americans to go under contract in September, but home prices still remain steady. Due to the recent government impasse, homebuilders are also less confident in the current home sales conditions but the long term outlook still looks good. [Source ABC]
Employment: The October 2013 jobs report shows fewer jobs were added than expected, which indicates a loss of momentum in the U.S. labor market. [Source Bloomberg]
Interest Rates: Bond rates are unlikely to burst as predicted which means good news for consumers as rates are expected to remain low until the Fed winds down its stimulus program. [Source CNN]

Opportunities for Career & Personal Growth

The Eight Habits Of Extremely Successful Entrepreneurs [Forbes]
7 Simple Social Media Moves That Work [INC]
How 3 Super-Busy Small Business Owners Make It Work [American Express OPEN]

Any other important business or financial news to report? Please share by leaving a comment below.

Tela Kayne |

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