Money & The Economy
News on Finance, Money, markets and the economy
The Entrepreneur is the True Economic Engine
President Obama feels it’s not too radical to ask corporate jet owners and millionaires to pay higher taxes. As our…
Read More »Study Reveals Impact of Real Estate ‘Shadow Inventory’ on Recovery
ATLANTA, June 30, 2011 /PRNewswire/ — Despite steady gains in key industry sectors, the nation’s housing market continues to exert pressure on…
Read More »Consumer Confidence Index Declines Again – Second Recession Probable
NEW YORK, June 28, 2011 — The Conference Board Consumer Confidence Index continued its multi-month decline in June. After having decreased to…
Read More »What’s wrong With the Rich
The rich are the least understood minority. That fact lends them to be vilified by the very politicians at the…
Read More »Massive Overhang of Existing Homes Putting Downward Pressure on U.S. Home Prices and Demand
LOS ANGELES, June 16, 2011 /PRNewswire/ — A massive inventory of existing homes is dampening the recovery in the U.S. housing sector…
Read More »Mortgage Rates Reverse Course
NEW YORK, June 16, 2011 /PRNewswire/ — Mortgage rates increased this week, following a nine-week streak of declines. The benchmark conforming 30-year…
Read More »Breitling Oil and Gas Announces Exploration in Louisiana
IRVING, Texas, June 14, 2011 — Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving,…
Read More »Mortgage Banking Giant Agrees to Pay Homeowner $30,000 as Part of Settlement Agreement
With pending counterclaims of fraud and predatory lending, Deutsche Bank agrees to pay defendant $30,000 and issue a letter to…
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Governor Scott Secures New Canadian Company HQ for Florida
In the following press release* Governor Scott announces that Garda Security of Montreal, Canada will be relocating their U.S. Headquarters to…
Read More » Unemployment Rate Rises to 9.1% only 54,000 New Jobs in May
Today, the Bureau of Labor Statistics released it’s monthly “Employment Situation Report” and the numbers were even worse than analysts…
Read More »Mortgage Rates Lowest Since Thanksgiving
NEW YORK, June 2, 2011 /PRNewswire/ — Mortgage rates fell for an eighth consecutive week, with the benchmark conforming 30-year fixed mortgage…
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