Author: Samuel Stebbins, 24/7 Wall Street

The government generates revenue from sources like income and employment taxes and redistributes it based on need. And not all states benefit equally.

Because income tax is an important and reliable revenue source, the states with no income tax make up for the lost potential revenue in other ways.

Americans are more likely to pay with a credit card than with cash than ever before, and that’s adding up to a lot of debt.

While nationwide economic growth should come as welcome news to every American, many are not benefitting at the local level.

As local industries report growing output, revenue of small businesses increases, which in turn can spur wage and employment growth.

The government levies an 18.4 cent tax on every gallon of gasoline. On top of that, each state imposes its own tax, which if often even higher.

24/7 Wall St. reviewed the net population change by state from July 2016 to July 2017 to identify the fastest growing and shrinking states.

24/7 Wall St. reviewed beer brands that reported an increase in total barrels shipped in the US to identify America’s fastest growing beer brands.

Our world has been shaped in large part by just a handful of revolutionary consumer products and the companies behind them. Such milestones include the first modern automobile, first sold by Mercedes in 1901, and the first smartphone, introduced…

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More than half of companies that have gone public this year are in pharmaceuticals and life sciences or technology, mediaand telecommunications.