Home >> Money & The Economy (page 2)

Money & The Economy

News on Finance, Money, markets and the economy

Pending Home Sales Rise 0.9 Percent in June

Pending home sales increased in all four major regions in June, but overall activity lagged year-ago levels for the sixth straight month, according to an industry report. The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 0.9 percent to 106.9 in June from 105.9 in May. Despite last month’s increase, contract signings are still down 2.5 percent ...

Read More »

U.S. Firms Accumulated Cash in 2Q18 At A Slower Pace Than The Previous Quarter

U.S. companies continued to accumulate cash during the second quarter of 2018, but at a slower pace than they did in the previous quarter. Strong domestic employment numbers may have instilled some confidence among business leaders during the spring of 2018, but not enough to encourage them to reduce their cash holdings, according to the latest AFP Corporate Cash Indicators® (CCI). In ...

Read More »

Trump effect: Factory orders climb despite media hyperventilating about tariffs

Donald Trump success

Orders at U.S. factories for durable goods rose in June despite constant media reports fretting over President Donald Trump’s negotiating tactics on trade. The Commerce Department reported Thursday that durable goods – items meant to last at least three years, like appliances – rose 1 percent in June. Excluding transportation manufacturers, orders were up 0.4%, the fifth straight monthly gain. ...

Read More »

How Malta is evolving into a Cryptocurrency hub

Malta is predicted to be one of the leading countries for blockchain and cryptocurrency development. The country offers great IT opportunities, training, and a very wonderful environment. Now, a growing number of blockchain and cryptocurrency companies are considering relocating to Malta. But what exactly is the reason behind this? What are the things that blockchain and cryptocurrency companies find attractive ...

Read More »

Walmart vs. Amazon: 4 Factors Consumers Consider When Online Grocery Shopping

Despite rising competition, Walmart remains the largest retailer in the world. By a wide margin, more people purchase groceries in-store/online from Walmart than other leading food retailers and supermarkets, although Amazon is the online grocery purchasing leader, according to market research firm Packaged Facts in U.S Grocery Market Focus: The Walmart Food Shopper, a new report that’s first in a four-part series on ...

Read More »

Strong used vehicle sales pushed up prices in June

Car lot

Robust sales of used vehicles helped to push up prices in June, according to an industry update. Analysts note the used vehicle market turned a positive corner with an increase in the Seasonally Adjusted Used Vehicle Price by 1.2 points—compared with May—to reach 118.2. June’s above-average performance brought the index 4.1 points above June 2017. J.D. Power’s July 2018 Used Car and Light Truck ...

Read More »

Raising a ‘Fair’ Credit Score to ‘Very Good’ Could Save Over $45,000

A study released today on the impact of raising a ‘fair’ credit score to ‘very good’ found that consumers could save over $45,000. LendingTree researchers analyzed anonymized loan request and average loan balance data from LendingTree users to see how a lower credit score can increase borrowing costs for the average American with a fair versus excellent credit score. The analysts compared the ...

Read More »

Stocks React as Trump Threatens Tariffs on All Chinese Imports

Donald Trump CNBC interview 7-20-18

Stock market index futures initially dropped in early Friday trading after President Donald Trump issued another threat to China over its unfair trade practices. The markets initially reacted to the president’s comments in a CNBC interview that aired Friday morning. Trump said he’s “ready to go” on tariffs against all Chinese imports worth over $500 billion. Dow futures dropped to ...

Read More »

State Farm Dropping Insurance Rate by 3% in Texas

Jake from State Farm

At a time where everything seems to be going up and making us pay more and more, there comes State Farm dropping those rates by 3%. This is big, considering that they are the largest auto insurer in Texas, and a cheap auto insurance Texas is not that easily found. This change is expected to save the average customer around ...

Read More »

Median Home Sale Price Reaches Nine-Year High, Sales Decline

Halfway through 2018, prices are at record highs, inventory is at record lows and home sales are trailing 2017’s pace, according to the RE/MAX National Housing Report. June sales were 5.5% lower than June 2017 in the 54 metro areas surveyed, marking the seventh consecutive month of year-over-year declines. Headed in the opposite direction, the June Median Sales Price of $258,500 was an all-time high ...

Read More »

Top 5 Things You Should Know About No Credit Check Loans

Here’s a picture for you: you’re sitting in front of your new Mercedes, staring at a broken windscreen that seems to have appeared there overnight. Was it there before? Did someone threw a rock at it while you left it parked there? It doesn’t really matter anymore; all you know is that it’s going to cost you a fair amount ...

Read More »

Consumers and the Federal Government continue spending on credit

Credit cards

Consumers and the Federal Government continue to increase debt due to spending according to a new report out Wednesday. Revolving debt, almost all of which is consumer credit card debt, increased by more than $16 billion in May, according to Lending Tree’s Consumer Debt Outlook for July 2018. That’s the largest-ever increase in revolving credit for that calendar month and the largest percentage increase ...

Read More »
echo '
';
Sign up for our Newsletter

* indicates required field




Email Format


Subscribe!