Critics Question November Jobs Report Accuracy
Critics begin to question Nov jobs report, not all economists and Wall Street insiders agree with the Obama Administration saying the economy has improved.
Jobless Claims in U.S. Decrease 9,000; Personal Income and Spending Increase
The number of initial jobless claim applications decreased 9,000 to 346,000 for the week ended June 22.
Time for a Portfolio Review? Yes, Right Now
Human nature tends to put off less than fun events such as doing a portfolio review. Should you? One-word answer: absolutely
Final GDP Estimate for First Quarter Revised Down to 1.8 Percent Growth
After a series of revisions to the first quarter’s GDP estimation, the final adjustment has been made.
New-Home Sales Rose Higher Than Anticipated in May
The U.S. Department of Commerce reports that new-home sales in the U.S. gained 2.1 percent, which extrapolate into an annualized pace of 476,000 units. In April, completed sales increased 3.3...
“Credit Expert”: Rising Rates Are Bad For Housing
Wow, how can I become a “credit expert”?! It seems that the bar must be pretty low for entry into that profession. Here are some things you should know…
“The Biggest Bond Bubble In History”
Who said this rather inflammatory statement? Well, if you guessed some college-aged Ron Paul follower or some equally zealous gold bug, you would be in err.
Today’s Housing Market is not ‘Tulipmania’
Perhaps you are pessimistic in general or just when it comes to your real estate investments, which probably include housing. With everyone saying the market has hit bottom, and prices...
How to Support a Family on One Income
There are many reasons that you may decided to leave the workforce. You could be experiencing medical or health limitations that require you to rest or stay out of...
Existing Home Sales Increase in May Beat Estimates
The National Association of Realtors reports that existing home sales increased a seasonally adjusted rate of 4.2 percent in May—an annual pace of 5.18 million. It exceeds the 4.97 million...
Bracing For the Impact: Doubling of Interest Rates on Student Loans
There is a common question hovering around most college campuses these days. It usually goes, “Will my subsidized student loan rate double in the next coming weeks?”
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The Economic Implications if a Possible Strike On Syria Goes Terribly Wrong
Over the last couple weeks, the crisis in Syria has been making headlines on all major news sources. Here's what you need to know.
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Retail Sales Increase 0.2 Percent in August
Retail sales rose less than expected, with a 0.2 percent increase in August, reported by the Commerce Department.
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Will Emerging Markets Halt Fed’s Tapering Program In Its Tracks?
Could trouble in emerging markets cause the Federal Reserve to halt tapering? Potentially.
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Jobless Claims Down to 292,000 But Reflect Reporting Issues
Computer problems in two states cause the initial jobless claims to dip below the 300,000 mark for the first time in six years.
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The Coming Tapering Debate And What Will It Do To Your Portfolio
With President Obama getting ready to name a new Fed Chairman, all eyes seem to be on the so called tapering plan that Bernanke seems determined to implement. If the press reports...
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PrimeRates Market Talk: New iPhone, Fed And, Of Course, Syria
The markets are nervous about war, but they may not like public repudiation of the commander in chief getting publicly either. The problem is so intractable that a satisfactory...
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