September 19, 2019
“The Federal Reserve lowered interest rates by a quarter of a percentage point on Wednesday, its second cut since late July, and suggested it was prepared to move aggressively if the United States economy showed additional signs of weakening. For… Continue Reading…
September 9, 2019
“Britain’s economy picked up more than expected in July, data showed on Monday, dampening fears that it will succumb to its first recession since the financial crisis… Economic output in July alone was 0.3% higher than in June, the Office… Continue Reading…
September 6, 2019
“U.S. stocks ticked higher Friday after the August jobs report showed hiring remained steady in a month racked by trade threats, though employers added slightly fewer jobs than analysts had expected…” https://www.wsj.com/articles/global-stocks-waver-ahead-of-jobs-report-11567757633
September 6, 2019
“Job growth continued at a tepid pace in August, with nonfarm payrolls increasing by just 130,000 thanks in large part to the temporary hiring of Census workers, the Labor Department reported Friday… Wage growth remained solid, with average hourly earnings… Continue Reading…
September 5, 2019
“A new survey from TD Ameritrade finds that 52% of parents with children under 18 spent more than they intended to this summer. The average summer debt for those parents is $1,960 this year. That compares with just $563 for… Continue Reading…
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…
September 2, 2019
“Massachusetts ranked as the most expensive state to buy a home in, according to a report from personal-finance website SmartAsset. The analysis assessed 48 states and Washington, D.C., based on the following metrics (Delaware and Louisiana were not included due to… Continue Reading…
August 29, 2019
“As economists and investors debate whether or not a recession looms on the horizon, small business owners believe the economy is poised to keep growing. But they’re nowhere near as confident as they were a year ago at this time. Small business… Continue Reading…
August 29, 2019
“The U.S. economy grew at a 2.0% annualized rate in the second quarter of 2019, the Bureau of Economic Analysis reported Thursday in a second estimate of gross domestic product. Thursday’s report revised the preliminary estimate of 2.1% growth released last month… Continue Reading…
August 26, 2019
“The federal government will rack up $12.2 trillion in deficits through 2029, according to a new projection from the nonpartisan Congressional Budget Office (CBO), an $809 billion increase from its last projection in May…” https://thehill.com/policy/finance/458232-deficits-to-exceed-12-trillion-through-2029-cbo
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