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Money & The Economy
Household Debt to Surpass 2008 Peak by $1 Trillion
A report released Thursday finds that American household debt is currently on pace to exceed the prior peak debt level from…
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Money & The Economy
Mortgage Payments Require Largest Share of Income Since 2009
Monthly mortgage payments on the typical U.S. home required 17.1 percent of the median income in Q1 2018. From 1985…
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Money & The Economy
Report: Jeep Cherokee takes top spot in American-Made Index
Today, Cars.com (NYSE: CARS) released its annual American-Made Index to help car shoppers determine the “most American” vehicles of 2018. Vehicles at…
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Money & The Economy
U.S. home prices least affordable in a decade
U.S. home prices in the first quarter were at the least affordable level since Q3 2008 according to ATTOM Data…
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Money & The Economy
Trump Effect: Best truck freight market ever seen
The American Trucking Association (ATA) says in its May report that the economy is continuing to produce an amazingly robust market for…
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Money & The Economy
Credit card holders leave travel rewards on the table
Credit card holders don’t take advantage of their travel rewards, according to U.S. News & World Report, the global authority…
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Money & The Economy
4 out of 5 millennials can’t answer basic financial questions
Do you think you know the basics when it comes to finances? According to a new nationwide survey released today…
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Money & The Economy
Housing market outlook dips into neutral territory on affordability, natural disasters
Recent data from Nationwide’s Health of Housing Markets Report (HoHM Report) show a further worsening of housing market sustainability. For the first…
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Money & The Economy
Homes Selling Faster despite 7.8% rise in prices
In May, homes sold faster than at virtually any other time in the past decade, according to the latest RE/MAX National Housing…
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Money & The Economy
May Real Estate Market the Fastest on Record; Prices Up 6.3%
The typical home that sold in May went under contract in 34 days, according to Redfin (www.redfin.com), the next-generation real estate brokerage.…
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Money & The Economy
Paypal biggest winner, Apple Pay biggest loser as e-payment options
Paypal gained the most ground as Apple Pay lost the most market share among e-payment solutions, according to findings from…
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Money & The Economy
Mortgage Demand Falls to Three-Year Low
Mortgage lenders reported a net negative profit margin outlook for the seventh consecutive quarter, as rising home prices and tight…
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Money & The Economy
Used Vehicle Prices Hit Record High
Shoppers seeking bargains on used vehicles might find them harder to come by when they head to the dealership this…
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Money & The Economy
Cheesecake Factory fined $4.5 million for Wage Theft
The Labor Commissioner’s Office has found Cheesecake Factory Restaurants, Inc. liable in a $4.57 million wage theft case that underpaid…
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Money & The Economy
Pipe Producers Challenge Claims That Steel Tariffs Will Harm Pipeline Industry
The American Line Pipe Producers Association (ALPPA), a domestic coalition of large diameter line pipe producers, vigorously challenges recent claims…
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