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Money & The Economy

News on Finance, Money, markets and the economy

Consumers Plan to Spend More This Year on Holiday Gifts, Shop Online More

Holiday shopping

U.S. Households Plan to Spend an Average of $627 this Season 37% to buy most of their gifts online With consumer confidence at an 18-year high, unemployment at record lows, and wages rising, U.S. households are approaching the holidays in good spirits, with intentions to spend about $627 on gifts this season, according to a survey by The Conference Board. This is ...

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2018 Veterans Day Deals and Discounts

Military.com is showcasing Veterans Day Discounts again this year with one of the most comprehensive lists available of over 100 restaurants, retailers, travel and recreation organizations seeking to show their appreciation for service members, veterans, retirees and their families.

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Lowe’s to Close more than 50 locations

Lowe’s Companies, Inc. (NYSE: LOW) today announced the wind-down of certain underperforming store locations as part of its ongoing strategic reassessment. To focus on its most profitable stores and improve the overall health of its store portfolio, the company will: Close 20 U.S. stores. Most associates at these stores will be extended opportunities to transition to a similar role at ...

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Trump Economy Smashes Expectations

Donald Trump success

The economy continues to smash expectations with strong job creation, rising wages, and soaring confidence thanks to President Trump’s pro-growth agenda and even the mainstream media has to admit just how awesome the Trump Effect is.   CNBC: Payrolls Smash Estimates with Gain of 250,000, Wage Gains Pass 3% for First Time Since Recession “Job growth blew past expectations in ...

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Manufacturing continues expansion in October, employment and exports increasing

New Orders, Production, and Employment Growing Supplier Deliveries Slowing at Faster Rate; Backlog Growing Raw Materials Inventories Growing; Customers’ Inventories Too Low Prices Increasing at Faster Rate; Exports and Imports Growing     Economic activity in the manufacturing sector expanded in October, and the overall economy grew for the 114th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. “The October PMI registered ...

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Trump Effect: US Adds 250,000 Jobs In October, Wage Growth Breaks 3 Percent For The First Time In Nearly A Decade

economy going up

The U.S. economy added 250,000 jobs through the month of October and the unemployment rate held steady at 3.7 percent — a symbol of the historically tight labor market — according to Department of Labor (DOL) data released Friday.

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Fox Business Network Crushes CNBC in Ratings Beatdown

FBN Dominates CNBC across Both Total Day and Business Day Viewers “Trish Regan Primetime” Beats CNBC’s Shark Tank & Debut Scores FBN’s Highest-Rated Week in 8PM/ET Timeslot FOX Business Delivers Top Five Programs in Business News FOX Business Network (FBN) marked its 17th consecutive month as the leader in business news, according to Nielsen Media Research. As financial markets experienced ...

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Trump Effect: Consumer confidence rises to 18-year high in October

economy going up

Consumer confidence increased to an 18-year high in October, following an increase in September. The Conference Board Consumer Confidence Index now stands at 137.9 (1985=100), up from 135.3 a month ago. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – improved from 169.4 to 172.8. The Expectations Index – based on consumers’ ...

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Nearly Half of Consumers Have Abandoned a Prescription at the Pharmacy Because it Was Too Expensive

Almost 75 percent of consumers would change pharmacies to save money, yet the majority of physicians do not provide price information Nearly half of consumers have abandoned a medication prescribed by their physician because it was too expensive, according to a survey released today by DrFirst, the nation’s leading provider of e-prescribing and patient medication management solutions. At a time when the ...

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Housing Demand Posts Strong Gains in Q3

Home for sale

The Redfin Housing Demand Index increased 5.1 percent from August to 131 in September, after remaining essentially flat around 124 since May, according to Redfin (www.redfin.com), the next-generation real estate brokerage. The month-over-month increase in demand was driven more by growth in early-stage home-buying activity than in the more serious stage of offer-writing. The number of people requesting home tours increased 11.2 ...

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What You Should Know Before Hiring Your First Lawyer

Whether they’re business or personal-related, there are many different reasons that you may need to hire a lawyer. While the process may seem overwhelming, it doesn’t have to be scary. Lawyers and attorneys are here to help you. Keep that in mind and gain confidence with these tips for what you should consider when hiring your first lawyer. Are they ...

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