Present U.S. Economy and Housing Market in 2013 The economic condition of the U.S is not at good strength and almost every section of the market is suffering the bad effect. However, strange enough is that the housing market is still doing well. In the previous recession of...
President Obama has called Small Businesses “the backbone of our economy and the cornerstones of our communities,” However, as a result of the economic turmoil of the past few years and tighter regulations on lending, many business owners are unable to access...
Credit cards are getting more in use and possession by people today. The banks are now open hearted to anyone who desires a credit card – ranging from the richest to the lower middle class. However, possessing a credit card and knowing about the facts related to it...
What is the U.S. economic outlook for 2014? Not good Every four to six years, the U.S. experiences an economic slowdown. It happens like clockwork. The current bull market is now in its fourth year. For those who missed the recovery, it’s probably a little...
Critical Warning Number 6 Today the U.S. is facing problems aplenty. Its currency is fast losing value as compared to other currencies of the world. Its state of economy is in doldrums even with the three rounds of quantitative easing that have been implemented in order to...
A Declining Stock Market Portends a Recession in 2013 Don’t get your hopes up for 2013. After a fairly robust year in 2012, the stock market is expected to experience real turbulence in 2013. America will experience an economic slowdown—one that could rival ...
We Are Witnessing Slow Death of the American Worker Years before, the US economy produced a seemingly continuous job opportunities to the American public, which helped them to live their life, raise their children and manage food and shelter for their family. The...
Poverty and a Growing Number of Americans Receiving Food Stamps The meltdown of the U.S. housing market and economy, coupled with the reckless printing of U.S. currency, will eventually result in higher inflation and hit the U.S. economy and consumer hard. The average ...
The Ongoing Decline in Disposable Income and Savings Disposable income, also termed as disposable personal income has a crucial role to play in personal finance. The term refers to the amount of money that the household has for expenditure and savings after deductions of...
The Ongoing Decline in Disposable Income and Savings The Congressional Budget Office expects the U.S. economy to remain moribund in 2013 and to exit the year with an unemployment rate of eight percent. The Federal Reserve has already dumped roughly $3.0 trillion into...
Rising Underemployment Forecast 2013 When President Obama took office in January 2009, the unemployment rate was 7.8%. The following month, it cracked eight percent, where it stayed until September 2012, when it dipped to 7.8%. In October, it climbed up to 7.9%.12...
If you aren't already aware, a jury awarded a group of mentally challenged adults $240 million for the horrible abuse they suffered at a turkey processing plant in Iowa City, Iowa. Some of these individuals worked at this plant since the 1970s. They were only paid $65 a...
No one knows this better than the Federal Reserve. Quantitative Easing (QE) is the act of printing money to buy government bonds that support spending programs. Since 2008, the Federal Reserve has printed roughly $3.0 trillion, or roughly $9,533 per person, and it’s...
Quantitative Easing: Bank Profit Drop Culprit "Quantitative easing" is a government monetary policy launched to ease off the market in intense situations. It had increasing the money supply as the primary goals. The government buys the securities in order to increase the...
The U.S. Housing Market Despite a continuing weak U.S. economy, some have been pointing to an increase in new home construction as a sign that the economy is rebounding. While the U.S. economy remains fragile, housing—which was ravaged by the 2007-2009 recession—has...