Money & The Economy
News on Finance, Money, markets and the economy
Credit card holders leave travel rewards on the table
Credit card holders don’t take advantage of their travel rewards, according to U.S. News & World Report, the global authority…
Read More »4 out of 5 millennials can’t answer basic financial questions
Do you think you know the basics when it comes to finances? According to a new nationwide survey released today…
Read More »Housing market outlook dips into neutral territory on affordability, natural disasters
Recent data from Nationwide’s Health of Housing Markets Report (HoHM Report) show a further worsening of housing market sustainability. For the first…
Read More »Homes Selling Faster despite 7.8% rise in prices
In May, homes sold faster than at virtually any other time in the past decade, according to the latest RE/MAX National Housing…
Read More »May Real Estate Market the Fastest on Record; Prices Up 6.3%
The typical home that sold in May went under contract in 34 days, according to Redfin (www.redfin.com), the next-generation real estate brokerage.…
Read More »Paypal biggest winner, Apple Pay biggest loser as e-payment options
Paypal gained the most ground as Apple Pay lost the most market share among e-payment solutions, according to findings from…
Read More »Mortgage Demand Falls to Three-Year Low
Mortgage lenders reported a net negative profit margin outlook for the seventh consecutive quarter, as rising home prices and tight…
Read More »Used Vehicle Prices Hit Record High
Shoppers seeking bargains on used vehicles might find them harder to come by when they head to the dealership this…
Read More »Cheesecake Factory fined $4.5 million for Wage Theft
The Labor Commissioner’s Office has found Cheesecake Factory Restaurants, Inc. liable in a $4.57 million wage theft case that underpaid…
Read More »Pipe Producers Challenge Claims That Steel Tariffs Will Harm Pipeline Industry
The American Line Pipe Producers Association (ALPPA), a domestic coalition of large diameter line pipe producers, vigorously challenges recent claims…
Read More »Commodity Prices Up in May on Reduced Supply
Commodities rose in May as supplies were reduced due to higher temperatures and increased demand. The Bloomberg Commodity Index Total…
Read More »Report: The 8 Best Cars to Buy Now
U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled June’s list of the Best Cars…
Read More »Contrary to Hype, ‘Gig Economy’ hasn’t grown in two decades
Today’s BLS Contingent and Alternative Employment Arrangements survey results represent an important addition to our knowledge regarding the level and…
Read More »Housing Sentiment Continues to Strengthen, but affordability a concern
The Fannie Mae Home Purchase Sentiment Index® (HPSI)rose 0.6 points in May to 92.3, reaching a new all-time survey high for the…
Read More »Monthly Robocall Volumes Surpass 4 Billion Mark for First Time Ever in May
For the first time ever, Americans were hit by more than 4 billion robocalls in a single month during May,…
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