What Is The True Bitcoin Value? $1,300 It Is!
Looking for true value of a bitcoin? Last week Wall Street officially declared it to be valued at $1,300.
Retail Sales Surprise Move In December
With employment improving and lower gas prices, consumer spending ended 2012 with a little momentum, as the Commerce Department reports the closely watched retail sales indicator rose 0.5 percent.
Federal Reserve Sees Ongoing Threat From Budget Impass
The President of the SF Fed expects the Federal Reserve continue its QE3 policies until the labor market falls below seven percent.
Jobless Claims Take an Unexpected Turn
The closely watch jobless claim indicator shows that 4,000 more workers filed for jobless claims, climbing to 371,000 for the week ending January 5.
Mortgage Applications Surge In January
Despite an increase in mortgage rates, mortgage applications increased 10 percent in the week ending January 4 according to a weekly survey by the MBA.
How Will China’s Slowing Economy Affect Your Finances?
China carries a lot of clout in the world, so how will China’s slowing economy affect you?
Private Sector Drives December Job Creation
All December job creation numbers were largely due to the private sector which added 168,000 jobs during the month. However
What to Expect in 2013 from Obamacare
Several parts of the Obamacare will go into effect in 2013. Knowing what is to come is the best way to prepare yourself, both financially and mentally.
What’s the Big Deal About the Bush Tax Cuts?
the Joint Committee on Taxation said that the first Bush tax cuts cost $1.35 trillion over a ten-year period. The second tax cut was believed to reduce taxes by $350...
Sticking Points in the Fiscal Cliff
Here are the major negotiating obstacles that make up the Fiscal Cliff.
Fiscal Cliff Looming As Year Draws to a Close
With only about 10 hours left before 2013 begins, both houses of Congress tries to negotiate to avoid the fiscal cliff looming larger over the weak economic recovery.
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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...
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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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Consumer Prices Increases in May, But Less Than Expected
The Labor Department reports that the Consumer Price Index (CPI) increased 0.1 percent in May. Heralded by food prices—falling for the first time in nearly four years— the...
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Hey, What’s Going On With Sallie Mae?
The recent announcement that Sallie Mae is going to split into two companies has more than a few people puzzled. What exactly is being accomplished here and why is it happening...
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Gold Rally All Just One Big “Misunderstanding”!
Not content to boast about the recent downdraft in gold, he ups the ante to gargantuan heights. Not only was the multi-year rally in gold “overdone” or “ahead of itself”...
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Sterling Savings Bank Expands its Footprint in the Northwest
The Sterling Savings Bank of Washington State has just recently expanded. It just completed the purchase of the local operations of the Boston Private Bank & Trust Company (Boston...
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