The End Of BitCoin? China Squashes, U.S. “Reaches Out”
Bitcoin was dealt a double whammy with China essentially ending Bitcoin and the U.S. threatening to do the same. While the crypto-currency has withstood a lot of body blows, these...
Bernanke Will Slow Bond Buying With Sustained Labor Market Improvement
Federal Reserve Chairman Ben S. Bernanke warns against a” premature tightening of monetary policy.”
NAR Reports Existing Home Sales Reach 3-Year High
The housing market continue to churn forward, as existing home sales increased to its highest activity level in more than three years, according the NAR.
Brookings Institute Study Finds Jobs Moving from Downtown to Suburbs
Jobs are fundamentally dynamic. That means they are constantly changing and reshaping themselves on how they perform their duties. Just look at the news, it started out that print was...
Bernanke Worried About the Shadow Banking System
“the shadow banking sector is smaller today than before the crisis… regulators and the private sector need to address remaining vulnerabilities.”
Consumer Price Index Declines Second Straight Month
The consumer price index decreased 0.4 percent in April and 0.2 percent in March, according to the U.S. Commerce Department.
Jobless Claims Fall to 5-Year Low
The pace of job layoffs falling to pre-recession levels points to increased hiring for the future.
Retail Sales Show Surprising Gain in April
The Commerce Department reports that retail sales increased 0.1 percent after tumbling a revised 0.5 percent the prior month.
Housing Market Index Shows Upbeat In Builder’s Confidence
Even with rising home values and increase cost for material and labor, new home builders continue to show confidence in the residential market for single family homes.
FTC Announces First Case for Mobile Cramming
Mobile cramming is basically unwarranted charges on a person’s bill (these extra charges are “crammed” into the bill).
CFPB to Take On Oversight of Money Transfers
Now, with the help of the CFPB, there are ways to put the pressure on the sleazy money transfer dealers.
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Fannie Mae Posts Record Profits in the Second Quarter
Just a few years ago Fannie Mae was in a dire situation. They had gotten in over their head with subprime mortgages.
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It’s Simple: Bond Yields Cannot Go Higher…Or Else
It’s can be too easy for investors to get caught up in the latest news from China, or Greece, the potential “tapering” schedule, unemployment levels or GDP.
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Obvious Flaw In QE Arises: Fed Loses $200 Billion
The quantitative easing (QE) program is not intended to involve any deep thinking. It just exists because the Fed says that it needs to.
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US Treasury Working with Other Nations to Catch Tax Evaders
People hear about those who have money and their ways of hiding it. Using an offshore account to avoid taxes is one of the ways that many tax evaders use.
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How to Approach the Dealership Experience
Negotiating a new car purchase at a dealership can be a daunting task. Here are some tips for the dealership experience.
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They’re Back! ARMs Hit 5 Year Highs
As hard as it may be to believe, the adjustable-rate mortgage (ARM) has reached levels not seen since the housing bubble burst in 2008.
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