Europe Recovery? Maybe Not — ECB Cuts Rates
By now you have probably heard that the ECB have cut their rates to even closer to zero than they already were.
Gas Prices Push Up August Inflation Rate
Economists were expecting a .05 increase in the Consumer Price Index for August, 2012 and were a bit surprised when their estimates were exceeded. According to the United States Labor...
Auto Sales and Energy Boost August Retail Sales
Auto Sales and Energy Boost Retail Sales 0.9% in August The Commerce Department August release reveals a combination of higher auto sales and gasoline prices increased retail sales by 0.9...
Trade Gap Widens Slightly in July
Over the last several decades the US has operated with a trade deficit (also known as the trade gap).
Jobless Claims Higher Than Forecast; Unemployment Stuck at 8.3 Percent
According to the United States Department of Labor, jobless claims were 374,000 for the week ending July 25.
US Economy Growth Rate Slows in the 2nd Quarter
The Commerce Department reports that gross domestic product (GDP) grew at a 1.7 percent for the US economy for the second quarter of 2012.
Big Box Retailers Move to Your Digital Wallet
With the increasing popularity of smartphones, it’s no surprise that many big box retailers are joining up to offer new payment methods.
New SEC Rules Make Money Market Funds Safer
Chairman of the SEC, Mary Schapiro recently announced the new impending rules for money market funds.
New Home Sales Rise as Prices Fall in July 2012
New home sales were up by 25 percent compared to a year ago according to the report.
Existing Home Sales Rise in July
The National Association of Realtors announced today that existing home sales rose 2.4% in July.
Store Sales Soft for the Week Ending August 18, Down for the Month
The Redbook Retail Sales Index consists of a sales-weighted same-store sales growth sampling of large general merchandise retailers.
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Most Recent
2012 Estate Tax Changes
After almost 12 years of constant changes in the estate tax, ATRA creates certainty on the estate and gift tax.
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Is Crowdfunding a Viable Source of Startup Capital?
Crowdfunding is the process of collecting a small amount of money from a large group of people, and every investor has a very small portion of the risk.
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Wealth Accumulation Lags for Generations X and Y
The “Under 40” crowd is reaching the point of wealth accumulation. And where they are in their financial journey is lagging behind where their parents were.
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Companies Still Stockpiling Cash As Business Investment Lag
Instead of helping to grow the economy- investing capital in plants and equipment and hiring workers--companies have been stockpiling large amounts of cash.
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The Bully Pulpit – Why Rex Reed Should Shut Up
Rex Reed has now come back into notoriety via his recent movie review of the new Jason Bateman/Melissa McCarthy film, Identity Thief.
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David v. Goliath – the Kelly Clarkson/Clive Davis Feud
It’s hard to imagine why Clive Davis, a legendary music executive, would find it necessary to single out Kelly Clarkson for criticism in his book.
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