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Money & The Economy

News on Finance, Money, markets and the economy

Presidential Order Regarding the Proposed Takeover of Qualcomm Incorporated by Broadcom Limited [full text]

President Donald Trump issued an executive order prohibiting the takeover of Qualcomm by Broadcom based on the outcome of a review by the Committee on Foreign Investment in the United States (CFIUS) – the same panel that allowed Russia to purchase Uranium One and 20% of America’s uranium reserves under President Obama. Broadcom was in the process of redomiciling into the ...

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Survey: How Americans Plan to Use Tax Refunds

Eighty percent of Americans expecting a tax refund this year plan to save 25 percent or more, according to a new SunTrust Banks, Inc. (NYSE: STI) survey. Other plans for tax refunds include paying down debt (35 percent), travel/entertainment (22 percent), retail purchases (18 percent) and home improvement (13 percent). “This may be the year consumers give themselves breathing room ...

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Conference Board: Strong Job Growth to Continue

economy going up

The Conference Board Employment Trends Index™ (ETI) sharply increased in February, after increasing in January. The index now stands at 107.74, up from a revised 106.50 in January. The change represents a 5.6 percent gain in the ETI compared to a year ago. “The Employment Trends Index accelerated further in February, suggesting that strong job growth is likely to continue ...

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Earning Extra Money Toward Your Vacation

At this time of the year, many people start to think about their summer vacation and plan where they want to go. However, there is more to planning a vacation than just choosing a destination. You also need to ensure you have the necessary funds to go to the destination of your choice and in some cases, this means coming ...

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Study: Offshore energy development will significantly increase jobs, domestic spending, investments and state revenues

America #1 energy producer

According to new economic studies released today, opening the U.S. Outer Continental Shelf (OCS) to offshore oil and natural gas development would be an economic catalyst – promoting U.S. jobs, investments, and increased tax revenue – for states across the country. “The oil and natural gas industry is a major contributor to the American economy and helps meet America’s constantly increasing ...

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Trump Effect: 313,000 new jobs in February blowing out expectations

The American economy added 313,000 jobs, the most in 20 months, according to the Department of Labor. Forecasters had expected only about 200,000 new jobs for the month and only about 100,000 additional jobs per month are needed to keep up with population growth. Jobs have increased by an average of 249,000 over the past three months. The employers across ...

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Trump Effect: February Jobs Number Blows Out Expectations

Donald Trump success

Private sector jobs rose by 235,000 beating expectations by 40,000 Continues trend of 200k+ jobs growth Jobs continued to grow above analyst expectations in February, according to the newest Moody’s/ADP report. Wall Street economists had expected 195,000 new jobs in the previous month, but the booming economy brought in by President Donald Trump’s “America First” economic policies created a climate ...

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Trump Admin Applauds UnitedHealth’s Price Transparency Push

  byRobert Donachie Health and Human Services Secretary Alex Azar applauded UnitedHealthcare’s move to increase price transparency in the health care marketplace, an initiative Azar put at the top of his agenda since President Donald Trump appointed him in 2017. “Today’s announcement by UnitedHealthcare is a prime example of the type of movement toward transparency and lower drug prices for ...

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Why are More People Turning to Self Employment?

Over recent years, the number of people in the United States who are classed as self-employed has been on the rise. In fact, according to statistics, there were more than 16 million self-employed in the United States last year. More and more people are opting to work for themselves these days rather than work for someone else, and this is ...

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Average New-Car Prices Rise 2 Percent in February 2018; Buyers Still Willing to Pay Top Dollar for the Latest Models

Car lot

The analysts at Kelley Blue Book today reported the estimated average transaction price (ATP) for light vehicles in the United States was $35,444 in February 2018. New-vehicle prices have increased by $722 (up 2.1 percent) from February 2017, while dropping $96 (down 0.3 percent) from last month. “It was another month of solid transaction prices in February 2018, with 2 percent growth year-over-year,” said Tim Fleming, analyst for Kelley Blue Book. “Even with new-vehicle ...

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Enterprise Rent-a-Car doesn’t want NRA members as customers anymore

Enterprise Rent-a-car logo

Enterprise Holdings  Inc., the parent company of rental car companies Enterprise, Alamo and National, announced late Thursday that it was discontinuing its NRA member offers within weeks. “All three of our brands have ended the discount for NRA members,” the company said in a tweet. ” This change will be effective March 26. Thank you again for reaching out.” Thank you ...

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Trump Effect: First-Time Homebuyers Purchase Most Homes Since 2006

Home for sale

impact of tax reform expected to be a net positive supply constraints continue to hinder growth and drive up home prices “The first-time homebuyer segment had one of its strongest years on record, and we expect it to continue growing in market share and driving the purchase market in 2018, ” said Genworth Mortgage Insurance Chief Economist Tian Liu. First-time ...

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4 Ways How to Get Funds when You Have Bad Credit

If you have bad credit, you know how difficult it can be to get the financing you need to purchase a new vehicle, pay medical bills or even purchase groceries for the week. The good news is, there are a number of tips you can use to help you get the money you need, even if your credit is not ...

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4 Avenues You Can Explore When Trying to Get Money Quickly

If you are short on cash, you may find it is nearly impossible to meet your commitments. However, there are options out there. Knowing what your options are can help relieve some of the stress you are under and ensure you get the funds that are needed, when they are needed. Whether you are looking for a loan or credit ...

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