Economy

Should Lower Consumer Confidence Act be a Red Flag for Stock Market Bulls?

The end of 2016 and the start of 2017 have been quite positive for the equity markets. The driving forces include promises of a more pro-business and tax-friendly regime, but ...
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Ocean and Great Lakes Economy Grows Faster Than US Total

The U.S. ocean and Great Lakes economy is growing faster than the total U.S. economy both in terms of new jobs and in contribution to gross domestic product (GDP). According ...
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Why France’s Economy Matters So Much: France by the Numbers

Western financial markets got a major boost on Monday morning. Dow Jones Industrial Average futures were up over 1% (200+ points), the CAC 40 in France was up 4.5% (230 points), ...
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Being Young Is Not What It Used to Be

In the 1970s, eight of 10 Americans were married by the time they reached 30 years of age. In 2016, eight in 10 of Americans weren't married until they reached the age ...
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Over 20% of US Corporations at Risk of Default Should Rates Rise — IMF

Special from ZeroHedge While the market has been generally euphoric over Trump's proposed fiscal agenda (even if in recent weeks it increasingly looks its implementation will be indefinitely delayed), one ...
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Most Americans Don’t Mind Paying Taxes, but They Want Everyone to Pay

2016 individual income tax returns are due by midnight tonight. And if you haven't filed yet and if you're like most Americans, you think the taxes you pay are fair. ...
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IMF Gives an Upgrade-Lite Outlook for Global Growth

Whether or not you trust international economic agencies, they still manage to grab their share of headlines and media attention. The history of forecasting from the International Monetary Fund (IMF) ...
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What to Do If You Haven’t Filed Federal Taxes

It is too late to file federal taxes on time. This can, and in some cases should, create anxiety for those who missed the deadline. However, the IRS has some ...
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Empire Manufacturing Shows Much More Modest Growth Under Expectations

The Federal Reserve Bank of New York has released its Empire State Manufacturing Survey for April, and the results were far less robust than had been expected. The General Business ...
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China’s Economy Grew 6.9% in Q1

China's double-digit GDP grow is well behind it. However, its economy continues to expand at impressive levels, particularly because, among other things, it is the world's second largest economy. In ...
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North Korean Economy by the Numbers

Recent saber-rattling by the government of North Korea has led to the U.S. Navy sending a carrier group to the Sea of Japan and added to U.S. concerns about North ...
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7 Financial Worries of Older US Consumers

The financial future for Americans 50 years of age and older (50+) is not only uncertain, it is also complex. These 50+ consumers represent 35% of the total U.S. population ...
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Top Strategist Very Bullish for the Next Year, but Then Look Out After

Any way you slice it, the rally off the 2009 lows has been stunning. It is similar to the kind of rally we saw during the 1990s in terms of ...
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Tax Return Filing Deadline Brings Out the Scammers

The U.S. Internal Revenue Service (IRS) expects to receive 152 million tax returns from U.S. taxpayers this year. At the end of March, more than 93 million had been filed ...
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For Large Purchases and Small, Credit Cards Pay the Bill

There was a time, not so long ago, when some merchants displayed signs setting a lower limit for credit card transactions of around $10. It becoming more common for U.S. ...
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