While there’s been plenty of national news that is causing many Americans a great deal of stress, there is some good news to hold onto — the economy is showing continued growth in everything from consumer spending and job growth to manufacturing. The New York...
The global financial industry is setting its sights on real estate south of Wall Street — way down south. Bloomberg reports that firms as far-flung geographically as Germany (Deutsche Bank) and Australia (Macquarie) have been bringing jobs to Florida, with some local hiring, in stark...
There’s the perception that, with low unemployment, job creation has been on a tear in the United States among small businesses. Then there’s the reality. The Wall Street Journal reports that the median small business has been adding new employees at a glacial pace, with...
Eight individuals, all of which are men, have as much wealth as the poorest half of the population around the globe, according to Oxfam, the international charitable organization. According to Reuters, Oxfam issued a report Monday (Jan. 16), as the rich meet at this week’s World...
Debt is something of a strange topic for Americans. For all but the most well-capitalized early in life, the ability to borrow funds is critical — at least if one wants to get a college degree, own a car or a buy house. When used wisely, tools...
They say that history does not repeat itself, but in the case of lending, it sure does seem to rhyme. Forbes said Wednesday (Jan. 11) that a type of loan, titled the Property Assessed Clean Energy loan, or PACE for short, is among the relatively...
Employment in the United States grew by a rate that was less than expected last month. But wages rebounded, which shows the economy is still growing at a pace that sets the stage for more interest rate boosts from the Federal Reserve later this year....
The floor is in for mortgage rates, and the direction now is up. The conventional wisdom might hold that residential real estate sales should slow, but if the last few months have taught us anything, it’s that conventional wisdom is too … well, conventional. The...
The economy is on an upward trajectory, with the Bureau of Economic Analysis reporting real gross domestic product increased at an annual rate of 3.5 percent in the third quarter of this year, up from 1.4 percent in the second quarter. On a quarter-over-quarter basis,...
