Middle-Class Income Hit Highest Level on Record In 2016, Census Bureau Reports
– The Washington Post
While middle class income growth was uneven last year, economists are citing recent data as evidence that the recovery is finally taking hold after years of frustration for the middle class, which watched the stock market soar while the average American’s income barely budged. Donald Trump tapped into this anger in the 2016 campaign, often saying people were no better off economically than they were in 2000.
– The New York Times
President Donald Trump has been politically “dead” since his campaign launch. But how much longer will Trump fever continue?
How Kirkland Signature Became One of Costco’s Biggest Success Stories
– The Wall Street Journal
Kirkland Signature, Costco’s store brand, is challenging manufacturers hoping to earn or retain a coveted spot at the warehouse retailer. Since 1995, Costco has used its Kirkland products to attract shoppers, building a reputation for quality and low prices on milk, toilet paper, men’s shirts and golf balls bearing the unassuming red logo. About a quarter of Costco’s $118.7 billion in annual sales come from Kirkland Signature products, and the percentage is growing, company executives say.
The Raging Legal Battle Over What Makes a Food ‘Natural’
– The Washington Post
More than a year after the Food and Drug Administration signaled that it would soon nail down exactly what the word “natural” means, the agency has yet to provide any guidance — and baffled consumers are suing. Since January, court filings show that there’s been an uptick in lawsuits against food companies regarding “all-natural” and “natural” claims — and some lawyers say the FDA’s continued silence is to blame.