Home >> Money

Money

News on Finance, Money, markets and the economy

Home Prices Boom 10 Years After Housing Crisis

SANTA CLARA, Calif., Nov. 13, 2017 /PRNewswire/ — Home prices have returned to the boom levels of a decade ago — which foreshadowed the bursting of the real estate “bubble” and the onset of The Great Recession — but today’s housing market is starkly different, according to data released today from realtor.com®, a leading online real estate destination. Backed by tighter lending ...

Read More »

Watch: Trump announces Fed Chair nominee

Jerome Powell

President Donald Trump will speak from the Rose Garden as he announces the nomination of Fed Governor Jerome Powell as the next chairman of the Federal Reserve. If confirmed by the Senate, Powell will relieve Fed Chairwoman Janet Yellen when her term expires in February. The 64-year-old Republican was appointed to the board of governors by President Obama in 2012. ...

Read More »

Jeff Bezos now richest person in the world

amazon logo

Three months ago in July,  Jeff Bezos was for a brief moment the world’s richest person. This time, Amazon’s CEO and founder may hold onto that title for a while longer. On Friday, Amazon stock shot up an extraordinary 13 percent, an incredible amount for such a well-known company, after Amazon easily outpaced its third-quarter earnings expectations. Via Cnn Money: Bezos owned nearly 80 million ...

Read More »

Millennials Spending More on Halloween, Saving Less for the Future

HauntedHouse-com-Americas-top-10

Millennials are spending more on near-term fun like Halloween candy, decor, and costumes while putting less into retirement savings and hard assets than other demographics according to a recent survey. The new Harris Poll showed that Millennials expect to spend 2.5 times more than Gen Xers and 8 times more than Boomers on Halloween related items. However, just 38 percent of Millennials say they are ...

Read More »

How to teach kids to be smart about money

How to teach kids the value of money

Parents are responsible for teaching kids how to manage money. But too few do. Personal finance expert and bestselling author Rachel Cruze reveals the three things every child (and adult) needs to know about teaching kids about it. Transcript of Rachel Cruze’s “How to Raise Kids Who Are Smart About Money” Everyone knows the earlier you learn a language, the ...

Read More »

Survey: U.S. Business Profits, Hiring Increasing

Donald Trump

More U.S. businesses are reporting profits and increased hiring, with greater confidence in their ability to grow over the next 12 months; but demand for financing is trending down, according to new results from the third quarter 2017 Private Capital Access (PCA) Index report from Dun & Bradstreet and Pepperdine Graziadio School of Business and Management. The Q3 PCA Index ...

Read More »

Social Security Administration Announces 2.0% COLA Increase

The Social Security Administration announced Friday that it will increase Social Security and Supplemental Security Income benefits for more than 66 million Americans by 2.0%. “The 2.0 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 61 million Social Security beneficiaries in January 2018, SSA said in a statement. “Increased payments to more than 8 million SSI ...

Read More »

Did FDR End the Great Depression?

Did FDR policies end great depression

Did FDR help end the Great Depression? Did his New Deal improve an otherwise hopeless economy? Lee Ohanian, Professor of Economics at UCLA and consultant to the Federal Reserve Bank of Minneapolis, explains.

Read More »

Call to Action: Americans Need Tax Reform [video]

The Current Tax Code is Broken - Tax Reform

The White House published a video on Wednesday that makes the case for tax reform. “The current tax code is broken,” the video begins then launches into a graphical plea to Congress to enact meaningful tax reform now. Americans need a simpler, more affordable, and competitive tax system and they need it now. Congress must act to pass tax reform, not ...

Read More »

Trump issues odd tweet about Amazon and taxes

amazon logo

President Donald Trump posted a confusing statement Wednesday morning about retail behemoth Amazon and taxes. “Amazon is doing great damage to tax paying retailers,” Trump wrote on Twitter. “Towns, cities and states throughout the U.S. are being hurt – many jobs being lost!” Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being ...

Read More »

Virtual Reality to Reach Quarter Billion Users Globally

Virtual Reality headset

According to the latest figures from ABI Research, virtual reality (VR) technology looks set to gain widespread adoption over the next five years, reaching an installed base of 256 million users worldwide and generating revenues of over US$60 billion in 2022. While the consumer market is expected to account for most of the market’s revenue, the commercial and enterprise space will expand ...

Read More »

Mortgage Rates Mostly Steady Amid Summer Doldrum

Home for sale

NEW YORK, Aug. 9, 2017 /PRNewswire/ — Mortgage rates were little changed this week, with the benchmark 30-year fixed mortgage rate holding at 4.04 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.25 discount and origination points. The larger jumbo 30-year fixed dipped to 4.03 percent, and the average 15-year fixed mortgage rate inched ...

Read More »

Manufacturing Report: Economy Continues to Strengthen

America’s economy continues to strengthen under President Donald Trump‘s agenda according to a report on manufacturing by the Institute for Supply Management released Monday. The broadest measure of sentiment in the manufacturing sector, the Product Managers Index, rose 2.9% to 57.8% in June demonstrating a manufacturing sector that is seeing growth and expecting more in coming months. Factories picked up ...

Read More »

Trump praised for beef trade deal with China

Donald Trump

A Montana newspaper published an article praising the Trump administration for having negotiated a deal that will result in about $2.5 billion in beef sales to China. The Great Falls Tribune reported that starting in July “for the first time in about 14 years, U.S. cattle producers will have access to that market.” China, along with many other countries, halted U.S. ...

Read More »
Sign up for our Newsletter

* indicates required field




Email Format


Subscribe!