Eight individuals, all of which are men, have as much wealth as the poorest half of the population around the globe, according to Oxfam, the international charitable organization. According to Reuters, Oxfam issued a report Monday (Jan. 16), as the rich meet at this week’s World...
Debt is something of a strange topic for Americans. For all but the most well-capitalized early in life, the ability to borrow funds is critical — at least if one wants to get a college degree, own a car or a buy house. When used wisely, tools...
They say that history does not repeat itself, but in the case of lending, it sure does seem to rhyme. Forbes said Wednesday (Jan. 11) that a type of loan, titled the Property Assessed Clean Energy loan, or PACE for short, is among the relatively...
Employment in the United States grew by a rate that was less than expected last month. But wages rebounded, which shows the economy is still growing at a pace that sets the stage for more interest rate boosts from the Federal Reserve later this year....
The floor is in for mortgage rates, and the direction now is up. The conventional wisdom might hold that residential real estate sales should slow, but if the last few months have taught us anything, it’s that conventional wisdom is too … well, conventional. The...
The economy is on an upward trajectory, with the Bureau of Economic Analysis reporting real gross domestic product increased at an annual rate of 3.5 percent in the third quarter of this year, up from 1.4 percent in the second quarter. On a quarter-over-quarter basis,...
On Thursday (Dec.15), the White House released its annual Economic Report of the President, which highlights what economists in the White House determined to be the toughest problems impacting economic policy. While the report is nearly 600 pages long, The Wall Street Journal broke it...
