PrimeRates Market Talk: Amazon Takes Over The World
In the weeks market talk Jack Boylan discusses the weekly goings on off the market, like amazons rapid growth
Retail Sales Sustain Modest Economic Growth Across US
the Fed finds that growth in retail sales sustain modest economic growth across the country.
September Unemployment Rate Fell to 7.8%
While the September unemployment rate fell to 7.8, the magnitude of the drop is at odds with with the number of jobs being created.
The Fed Focuses on Jobs
The Fed focuses on jobs because of concerns about the long-term damage to the economy from persistent, high unemployment and underemployment
Jobless Claims Up in September
For week ending September 29, the Labor Department reports jobless claims up in September as 4,000 more Americans filed applications for jobless benefits, increasing the seasonally adjusted figure to 367,000.
National Retail Sales Increased in September
National retail sales increased in September 2012 compared to August by 1.6 percent according to Johnson Redbook Research
The Fed’s Latest Plan to Kickstart the Economy
Just about everyone is getting tired of the economic problems that our nation is seeing today. Billions of dollars have been poured into “economic recovery” plans, but little has come...
New Home Prices Rise, But Sales Stumble
The United States Department of Commerce released its ” New Home Sales Report” for August 2012. The data indicate sales of new single-family homes fell 0.3 percent to 373,000 homes...
Consumer Confidence Jumps in September
After dropping in August the outlook for consumer confidence was not positive as the summer was ending. However, that has turned around as the report for September has been released. The index...
August Home Sales Increase to Highest Rate in 2 Years
According to the National Association of Realtors (NAR), existing home sales for the month of August climbed to 7.8%. This translates into an annual rate of 4.82 million units compared...
Housing Starts Rise Show Weak Real Estate Recovery
The United States Department of Commerce released the August 2012 data for new housing starts and reported that new housing starts showed growth, but overall real estate recovery is less...
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Most FOMC Members Want to Continue Bond Purchase Program
According to the FOMC meeting minutes release, opinions are divided on the Federal Open Market Committee's monetary policy to keep purchasing bonds.
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New Applications for Jobless Claims Exceed Predictions
The Department of Labor reports that more Americans than anticipated filed initial jobless claims applications for the week ending March 30.
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CFPB Warns of Auto Loan Biases
Nearly all aspects of anything financial are monitored by the CFPB. But the one area that has fallen through the cracks is auto loans.
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Changes to Estate Tax Rates In 2013
In response to the looming fiscal cliff crisis, Congress got busy and finally hammered out a budget agreement that includes new tax rates.
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H&R Block Glitch Delays Thousands of Refunds
When H&R Block had a review snag that caused a good portion of their returns to be delayed, there was a justifiable uproar.
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