National
Hilton Board Greenlights Separation of Businesses
The hotel giant will spin off its Hilton Grand Vacations timeshare division and Park Hotels & Resorts into two independent companies.
Economy Watch Weekly: Unemployment Rate Hits New Low
The U.S. economy had some good news in November, with a solid jobs report and the unemployment rate reaching a low not seen since August 2007. Economy Editor Dees Stribling breaks down the numbers, for the week ending Dec. 2, 2016.
Economy Watch: Non-Manufacturing Sector Still Growing Nicely
November marked the 82nd consecutive month of economy growth in the sector.
Economy Watch: Construction Spending Gains Ground in October
The first 10 months of 2016 have been pretty active for development, with construction spending up 4.5 percent from the same period last year.
SBE Closes Purchase of Morgans Hotel Group
The transaction, valued at $805 million, more than doubles the number of hotels in the company’s portfolio.
Economy Watch: Econony Adds 178K Jobs in November
The national unemployment rate also dropped to 4.6 percent, the lowest it’s been since before the recession.
Economy Watch: Employment Markets Tighter, Incomes Up
Recent data reports are pointing to a stronger economy, suggesting a probable interest rate hike this month.
Economy Watch: Real GDP Surges in 3Q
Consumer spending drove real US GDP up by 3.2 percent, marking the strongest growth in two years.











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