On Thursday the Census Department released its first Advance Economic Indicators Report. The new report adds wholesale and retail inventories to its existing International Trade in Goods report.
The Federal Reserve left interest rates on hold earlier this week following its July meeting. The Feds assessment of the economy was upgraded from the prior month, but not enough to warrant a rate hike or to strongly signal that one was coming at the September meeting.
For investors, the big question is, which candidate would be better for the stock market and the economy?
Theodore Roosevelt's famous mantra "speak softly and carry a big stick" suggested that the United States should seek to avoid creating controversies and expectations through loose or rash pronouncements, but be prepared to act decisively, with the most powerful weaponry, when the time came.
When investors talk about the company at the vanguard of the revolution in electric vehicles (EVs) in the United States, only one company typically comes to mind: Tesla Motors, Inc. (TSLA).
The Trump campaign is right that the 4.9 percent headline unemployment rate, touted by the Obama Administration, is misleading. Joblessness is substantially worse and not likely to get better if Hillary Clinton is elected.
Emerging markets have had a rough time of late.
New Home sales rose to a Seasonally Adjusted Annualized Rate (SAAR) of 592,000 vs. a Bloomberg Econoday consensus estimate of 562,000.
Each month, Gordon Green and John Coder of the private sector income and demographics analysis firm Sentier Research report on the level of median household income that they estimate from monthly Current Population Survey data published by the U.S. Census Bureau.
The internet is full of websites promoting Home Storage Gold IRAs, Self Storage Gold IRAs, Home Delivery Gold IRAs, and other enticing captions that lead consumers to believe current law allows them to store gold and silver held in their IRAs at home.
Dear Carrie, I'm 55 years old and trying to be smart about planning for my retirement years. What I'm struggling with is whether buying long-term care insurance makes sense. What do you think--is it a smart move, or just a waste of money? --A Reader
DEAR BRUCE: I am a 68-year-old retiree drawing a generous military retirement and Social Security. I can comfortably live on these income sources. I also have a 403(b) account with $450,000 from a former job with a nonprofit. It has a generous loan provision that lets me borrow my money at a 4.5 percent interest rate. All my payments and interest go back into my 403(b) account.
DEAR BRUCE: When people write you with a question about retirement and state their budget, do they realize that the budget they have when they retire will never last past the first year?
Ms. Lank: If you could answer me today that would be helpful. We are selling our home ourselves, and we got an offer this morning that is $8,000 less than we are asking. It's only good for 48 hours. My wife isn't sure about it. Can you discuss our options? We need advice right away. -- K. R.