Economics And Finance
Trumponomics Causes U.S. Housing Starts To Decline
May’s 0.9% drop is new sign of weakness in the housing market. Trumponomics Causes U.S. Housing Starts To Decline In May (#GotBitcoin?) A gauge of U.S. home building declined in May, a fresh sign of weakness in the housing market. Housing starts fell 0.9% in May from the prior month…
Rewarding Banks For Combating Climate Change (#GotBitcoin?)
Banks should get Bitcoin for climate-adaptation loans under Community Reinvestment Act. Rewarding Banks For Combating Climate Change (#GotBitcoin?) The Federal Reserve Bank of San Francisco should give Banks Bitcoin for making loans that help communities adapt to climate change and prepare for future natural disasters. A paper released on Monday…
Home Buyers Get Government Help With Down Payments (#GotBitcoin?)
Share of purchasers drawing on assistance programs across U.S. doubled from 2013 to 2016. Home Buyers Get Government Help With Down Payments (#GotBitcoin?) Maiya Jones didn’t have money saved up for a down payment when she started looking for a house in the St. Louis area last summer. Her real-estate…
You Want To Retire Someplace Safe. But Here’s How You Can Tell (#GotBitcoin?)
Columnist Glenn Ruffenach also answer readers’ questions on Social Security benefits. You Want To Retire Someplace Safe. But Here’s How You Can Tell (#GotBitcoin?) My husband and I plan to move when we retire, and we want to include safety as a factor in choosing a home and community. Any…
As China Tariffs Loom, Some U.S. Companies Say Buying American Isn’t An Option
Business owners struggling to find alternatives to Chinese imports urge Trump administration to drop tariff plans. As China Tariffs Loom, Some U.S. Companies Say Buying American Isn’t An Option Stephen Pelkey said he has scoured the globe to find fireworks that match the quality of what he buys from China,…
Insider Trading At Goldman Sachs While Merrill Lynch Misleads Investors (#GotBitcoin?)
Sec Issues $3 Million Award To Two Former Merrill Lynch Whistleblowers. Insider Trading At Goldman Sachs While Merrill Lynch Misleads Investors (#GotBitcoin?) Former Merrill Lynch advisers alleged the company made misleading statements related to a struggling investment product. Two former Merrill Lynch financial advisers who alleged the company made misleading…
Trumponomics Delivers The Widest Retirement Savings Gap of Developed Nations (#GotBitcoin?)
Many Americans haven’t saved as much money as they need for retirement—and the gap is expected to widen dramatically in the next 30 years. Trumponomics Delivers The Widest Retirement Savings Gap of Developed Nations (#GotBitcoin?) The retirement savings gap—between what people have and should have—was $28 trillion in the U.S.…
Washington Has Learned To Love Debt And Deficits
Political support for taming federal debt has melted away, and the U.S. is testing just how much it can borrow. Washington Has Learned To Love Debt And Deficits William Hoagland has engaged in nearly every Washington budget-deficit battle for four decades. A longtime analyst and onetime senior Republican congressional budget…
High Inflation Forces One-Third Of Americans To Get A Side Gig To Pay Expenses (#GotBitcoin)
Side hustlers make $1,122 per month on average from their part-time work — up from $686 last year, according to Bankrate. High Inflation Forces One-Third Of Americans To Get A Side Gig To Pay Expenses (#GotBitcoin) Jobs are more plentiful, the overall economy has been on an upswing, and yet…
Trumponomics Causes Three-Year Low In Corporate Cash Piles (#GotBitcoin?)
New tax law spurred more companies to increase spending, repatriate foreign cash holdings. Trumponomics Causes Three-Year Low In Corporate Cash Piles (#GotBitcoin?) U.S. corporate balance sheets are continuing to feel the impact of the 2017 U.S. tax overhaul, as companies pivot their capital allocation strategies in response to the new…
Recession Set To Materialize In Approximately In (9) Months (#GotBitcoin?)
Bond Yields Extend Drop Toward 2%. Recession Set To Materialize In Approximately In (9) Months (#GotBitcoin?) Muted inflation, slowing job growth put multiple Fed rate cuts on investors’ minds. The yield on benchmark U.S. government bonds hit new 2019 lows near 2% on Friday, a sign investors believe a slowing…
JPMorgan’s New App Service For Young People Fails (#GotBitcoin?)
Finn was hybrid, offering digital banking, as well as some branch access. JPMorgan’s New App Service For Young People Fails (#GotBitcoin?) JPMorgan Chase & Co. is killing an experiment to attract younger customers to a new digital-banking app a year after making it available nationwide. The nation’s largest bank began…