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Economy

“Millennials are fleeing big cities for the suburbs”

October 1, 2019

“Millennials are getting older. And as they enter the next stage of life — marriage, kids, higher salaries —Gen Y is beginning its exodus from busy cities, just like the generations that came before it. Data released by the U.S.… Continue Reading…

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Economy

“Second-quarter U.S. GDP left at 2%…”

September 27, 2019

“The U.S. economy grew more slowly in the second quarter, updated figures confirm, and is slow growth is expected to persist through the end of the year largely because of the festering trade fight with China. Gross domestic product, the… Continue Reading…

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Economy

“U.S. beats Saudi Arabia to become top oil exporter on shale boom”

September 23, 2019

“Surging output from shale helped America ship almost nine million barrels a day of crude and oil products in June, surpassing Saudi Arabia, the International Energy Agency said in a report, citing gross export figures. There’s room to send even more… Continue Reading…

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Banking, Economy

“Fed Cuts Interest Rates by Another Quarter Point”

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…

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Economy

“UK economy shows unexpected strength in July, dampening recession fears”

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…

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Economy, Stocks

“U.S. Stocks Edge Up After Jobs Report”

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

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Economy

Jobs: August U.S. payrolls 130,000 – Low Supply Of Workers?

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…

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Personal Finance

More Than Half Of American Parents Went Over Their Summer Budgets

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…

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Banking, Economy

“Dollar hits 2-year high, threatens to reach another major milestone”

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…

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Economy, Real Estate

“…most expensive state to buy a home in”

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…

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