Economy and Economics

VA Senate Votes to Repeal
4:23 pm
Mon January 20, 2014

Lawmakers Consider Hybrid Tax Issue

The annual license tax imposed on hybrid vehicles as part of last year’s transportation-funding law may be on its way out.  The Virginia Senate has voted overwhelmingly to repeal the tax, which was never popular in the first place.

Lawmakers who did not want to jeopardize the transportation compromise last year now feel free to get rid of that provision.

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Economic Outlook
9:43 am
Mon January 20, 2014

Federal Budget Impact on Virginia

The spending bill signed into law by the president last week has a lot in it for Virginia.

Virginia possibly makes out better than any other state from the one point one trillion dollar spending bill. The state’s economy took a hit in two thousand thirteen. Many federal contractors and workers suffered through pay cuts as they were furloughed. Then there’s the government shutdown which ripped around twenty four billion dollars out of the U-S economy. Northern Virginia Democrat Jim Moran says this bill provides the certainly the state has needed.

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Economics & Economy
4:00 am
Thu January 2, 2014

Making Information Hard to Process Could Benefit Businesses

Elise Chandon Ince

Virginians will likely spend some time over next few weeks getting their paperwork together to complete their taxes.  And if you’re thinking about having someone else do your taxes,  new research says tax preparers and other service providers can sometimes benefit by making information about their services hard to read.

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Education
7:09 am
Fri December 27, 2013

Student Investors Learning Real World Lessons

2013 was a good year on Wall Street, with many stocks breaking records.  Among those celebrating are 40 students at Washington & Lee University, who manage a portfolio of nearly two million dollars.  These novice investors have beat the S&P 500 more often than not. 

There’s no better way to learn than to do, and the Board of Trustees at Washington and Lee University has proven that point by giving a club of business school students the chance to invest a million bucks.  John Jensen, assistant dean of the Williams School, says trustees came up with the cash in 1997.

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20 Essential Habits
4:26 pm
Wed December 18, 2013

How to Succeed in Business by Actually Trying

There’s no doubt that today’s US economy is primarily a service economy. That means the new ‘goods and services’ now translates as plain, ‘good service.’

But not all businesses know how to make the most of their customers’ service experience.

We’re not talking about something as egregious as an employee chatting on a cell phone during your transaction or other clearly rude behavior, but with so much riding on the service in our service economy, it’s the little things that make all the difference. 

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