Cook County, IL Sweetened Beverage Tax (Jul 2017)

Should The Popularity of Bitcoin Spur You To Accept It? (Jul 2017)

Higher Taxes for IL Small Businesses (Jul 2017)

British Companies Buy Up Bitcoin for Ransoms As Costs of Attacks Surge
Bitcoin Split Is Nothing to Fear
California looks to expand overtime pay
 States With No Corporate Income Tax Rate
South Dakota
Key Economic Indicators 
Item  Rate 
CPI: 0.1% (Jul 2017) 
GDP Growth:   2.6% (2ndQTR 2017)
Bank Prime Interest Rate:   4.25%
Consumer Confidence:  121.1% (Jul 2017) 
Small Biz Confidence:  105.2% (Jul 2017) 
Avg Gas Price:  $2.35 












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Understanding business terms is the key to learning about business. Terms R-R are listed below:

Random Sampling, Rebate, Recession, Refund, Reinsurance, Retail, Return on Investment (ROI), Revolving Line of Credit


Random Sampling
A sampling method in which allmembers of a group (population or universe) have an equal and independent chance of being selected.  Source:  Business Dictionary  

Return of a portion of a purchase price by a seller to a buyer, susually on purchase of a specified qutntity, or value, of goods within a specified period. Unlike discount (which is deducted in advance of payment), rebate is given after the payment of full invoice amount.  Source:  Business Dictionary

A period of general economic ecline; typically defined as a decline in GDP for two or more consecutive quarters. A recession is typically accompanied by a drop in the stock market, an increase in unemployment, and a decline in the housing market.. Source:  Investor Words

Money returned to a customer for overpayment or return of a product.

The practice where an insurance company (the insurer) transfers a portion of its risks to another (the reinsurer). Legal rights of the policyholder (insureds) are in no way affected by reinsurance, and the insurer remains liable to the insureds for insurance policy benefits and claims.

Retail is the sale of goods and services from individuals or businesses to the end-user. Retailers are part of an integrated system called the supply chain. A retailer purchases goods or products in large quantities from manufacturers or directly through a wholesaler, and then sells smaller quantities to the consumer for a profit. Retailing can be done in either fixed locations or online.  Source:  Wikipedia

Return On Investment (ROI)
This is a ratio of the amount money gained or lost relative to the amount of money invested.  It is measured as a ratio of net profit.  For example, if you invested $1 and you earned $1.10 then your ROI is $0.10 or 10%.

Revolving Line of Credit
This is a loan granted by a bank that allows the borrower to have access to a specific amount of money which he/she can use and use and repay continually over time.  Borrowers make payment only on the amount of money they withdraw plus interest.  The borrorer can repay the loan in full at any time or continue to make monthly payments. 








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