September 3, 2019
“The dollar hit a two-year high Tuesday as slowing global growth and more aggressive monetary easing overseas sent investors into the reserve currency. The U.S. Dollar index rose to a high of 99.37, its highest level since May 2017, when… Continue Reading…
August 15, 2019
“The federal government spent a record $3,355,970,000,000 in the first nine months of fiscal 2019 (October through June), according to the Monthly Treasury Statement released today. Prior to this fiscal year, the most the federal government had ever spent in the… Continue Reading…
August 2, 2019
” The number of people employed in the United States hit a record 157,288,000 in July, according to the employment report released today by the Bureau of Labor Statistics… The unemployment rate held steady in July at 3.7 percent, the same as it… Continue Reading…
July 11, 2019
“The Dow Jones Industrial Average rallied to a record high on Thursday, led by UnitedHealth shares, after testimony by Federal Reserve Chair Jerome Powell that signaled easier monetary policy could be implemented later this month… Meanwhile, the S&P 500 rose 0.3% to trade back above… Continue Reading…
June 25, 2019
” The cap on state and local tax (SALT) deductions has already begun to driveOpens a New Window. some residents away from high-taxOpens a New Window. states like New York and New Jersey, but experts say that trend is only going to intensify… The… Continue Reading…
June 11, 2019
“Stocks have rallied on expectations that the Fed should be cutting interest rates in the near future, and that President Donald Trump would stand down from his threat to put tariffs on Mexico, as he did on Friday. The Dow Jones… Continue Reading…
May 17, 2019
I’m starting to invest a fair amount in stocks recently. In doing so I’m starting to notice a bit more lag time in buying and selling stock. This makes me wonder how popular does a stock have to be if… Continue Reading…
April 27, 2019
“The S&P 500 climbed 0.5% to 2,939.88, an all-time closing high. The tech-heavy Nasdaq ended the day up 0.3% at 8,146.40. The Dow Jones Industrial Average rose 81.25 points to 26,543.33 and closed 1.5% below its all-time high. First-quarter gross… Continue Reading…
April 24, 2019
“The S&P 500 (^GSPC) rose 0.88%, or 25.7 points, as of market close to reach 2,933.68. This exceeded the index’s previous record close of 2,930.75, but remains below the index’s all-time intraday high of 2,940.91. The Nasdaq (^IXIC) rose 1.32%,… Continue Reading…
April 10, 2019
“The approval percentage for small business loan applicants hit a record high of 27.3% at big banks ($10 billion+ in assets) in March, up one-tenth of a percent from February, according to the latest Biz2Credit Small Business Lending Index™. Approvals… Continue Reading…
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