S&P 500 ending less than a point away from a record closing high.
U.S. household debt rose in the latest quarter by the most since before the recession, a sign that Americans may be nearing the end of a multi-year belt-tightening trend, data from the Federal Reserve Bank of New York showed on Tuesday.
Originally posted on Fortune Finance: Hedge Funds, Markets, Mergers & Acquisitions, Private Equity, Venture Capital, Wall Street, Washington:
If our history of government shutdowns is any indication, this one probably won’t last more than six or seven days. And investors shouldn’t worry too much. FORTUNE — For the first time in 17 years, the government…
The Great Recession has encouraged consumers to tighten up, pay off debt, and save more money. Only time will tell if shoppers actually stopped trying to ‘Keep up with the Joneses’.
“Regular” people aren’t the only ones caught in the bursting housing market. Celebrities too are affected due to making unwise decisions regarding money management and potential debt. The Martins have bitten off more than they can chew.
Another decision has gone south. The officials of Stockton, Calif., reviewed the advantage of selling its pension obligation bonds. Someone didn’t bother to look into all the facts while researching the possibilities. When you handle the retirement funds of others it’s important to be prudent and cautious about the decisions.
The three day convention has drawn thousands of delegates and supporters who will speak about President Obama’s accomplishments during his first term and future expectations.
Many individuals have a vague idea of how much they spend each month. When the monthly statements arrive they quickly pay the bill and move on with their day. The thought of knowing the real numbers frighten most people.
Today, employers are appreciating baby boomers for their plethora of information and enthusiasm toward flexibility. Baby boomers in corporate America possess valuable institutional experience and expertise that many companies noticed was leaving once the employee terminated services.
Due to the weakening economy, many graduating students are concerned with the possibility of paying back student loan debt.
When it comes to a financial makeover you are simply revisiting your goals, performance, diversification and contribution to make sure you remain on track toward financial stability.
When most think of the word “Budget” they have images of confinement and withdrawal from society. On the contrary, budgets are useful when getting yourself on track and securing your personal finances. If you want to get your financial house in order a budget is the way to go.
Everything happens in cycles. We’ve seen platforms, bell bottoms, big hair and MOD eyelashes return. So there’s no surprise that home prices are once again dropping. Before you get too excited let’s recap what happened during this time a decade ago.
If more consumers were well informed about their financial habits the world would be a better place. If not better, there would be less bankruptcies filed. There’s a lesson learned in everything one does. Even better than learning the lesson is teaching others to avoid the same mistakes.
As the job market seems dreadful to most, small businesses are adding to the market. If you were wondering where or how you were going to receive your next paycheck…have no fear, small businesses are near. It seems that the U.S. economy is pulling itself up by the bootstraps of businesses other than Corporate America.
A person always knows where he or she came from, but can never tell where one will end. The lack of job growth has been a stormy cloud over the heads of optimistic consumers. It’s not only the lack of adding new employment, but the lack of raises, inflated interest and lower credit limits.
Is your credit more than your collateral? This is a pertinent question. The answer to this question is why the economy is in its current state. Too many of individuals & businesses eyes were bigger than its pockets. Credit is great when it isn’t abused… Can you remember a time when you went to a…
Do others have misconceptions about you? Personality Attitude Behavior Likes/Dislikes Do you have [hidden] misconceptions about yourself? What I mean by hidden misconceptions is your inability to believe you are capable of fulfilling your dreams. Let’s begin with the current recession state. Many have programmed their minds to submit to the definition of recession. Recession…
Reported by Bahiyah Shabazz, MBA Economists have been watching the numbers since before the Great Recession. The graph looks live a Six Flags roller coaster with a yellow traffic light…proceed with caution. Consumers have been reluctant to spend money in fear of what tomorrow will bring. The day after Thanksgiving is a shopping Olympics for many. Everyone wants the…