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Money & The Economy

News on Finance, Money, markets and the economy

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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Small Business Optimism Reaches Post-Recession High Amid Continued Growth and Strong Economic Conditions

economy going up

Continued growth and a strong economy have small business optimism reaching post-recession highs, particularly among male business owners, according to Capital One’s (NYSE: COF) latest Small Business Growth Index, a biannual survey of 500 small business owners (SBOs) gauging sentiment related to the economy, business conditions and plans for growth. The survey found 67 percent of business owners overall think ...

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Flooded Cars Back On The Road Jumps 47% Over Past Year

Carfax is warning consumers that more flood-damaged cars have resurfaced across the country. New research from Carfax suggests that over 478,000 flooded vehicles are back in use, either on the road or up for sale. That figure is a 47% increase – more than 150,000 additional cars – from 2017 when hurricanes Harvey and Irma devastated the Gulf Coast and ...

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Existing-Home Sales Decline Across the Country thanks to Fed’s rate-raising

Existing-home sales declined in September after a month of stagnation in August, according to the National Association of Realtors. All four major regions saw no gain in sales activity last month. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell 3.4 percent from August to a seasonally adjusted rate of 5.15 million in September. ...

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Nearly a Third of Americans Have Absolutely Nothing Saved

A new report from personal finance website GOBankingRates revealed that 32 percent of Americans – nearly a third of respondents – have no money in their savings accounts. GOBankingRates conducts this survey each year to better understand Americans’ personal financial standing. Since 2015, the results have shown that the majority of Americans have less than $1,000 in savings — and that trend ...

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Rents Decline Annually for the First Time in Six Years

The median rent is $1,440, 0.2 percent lower than it was in September 2017 The median U.S. home is worth $220,100, up 7.6 percent from a year ago There were 1.9 percent fewer homes for sale than there were last September Rents declined nationwide on an annual basis for the first time in more than six years. The median U.S. ...

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The 25 Best Cities For Jobs In 2018

Houston Texas City Skyline

With more than a quarter (28.5 percent) of U.S. job applications in metro areas that would likely require people to move, American workers are showing they are willing to move for the right opportunity. But which cities should people consider this year? Today, Glassdoor, one of the world’s largest job and recruiting sites, announced results of its newest jobs report identifying ...

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