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Weekly Economic Update

April 27, 2015 (content for this post provided by third party)               NEW HOME SALES DROP, RESALES CLIMB March brought a 6.1% advance for existing home sales according to the National Association of Realtors. This happened with a 4.6-month inventory of homes for resale, which is underneath the 6-month level characteristic of a thriving housing … Continue reading

Weekly Economic Update

April 20, 2015 (content for this post privded by third party)               MODERATE INFLATION RESUMES The Consumer Price Index rose 0.2% for a second consecutive month in March, as did the Producer Price Index (in a marked departure from its 0.5% February retreat). Economists polled by MarketWatch had forecast … Continue reading

Friday Humor: Saving for College

Did you hear about the banker who was recently arrested for embezzling $100,000 to pay for his daughter’s college education? As the policeman, who also had a daughter in college, was leading him away in handcuffs, he said to the banker, “I have just one question for you. Where were you going to get the … Continue reading

The A, B, C & D of Medicare

(content for this post provided by third party)   Whether your 65th birthday is on the horizon or decades away, you should understand the parts of Medicare – what they cover, and where they come from.   Parts A & B: Original Medicare. America created a national health insurance program for seniors in 1965 with … Continue reading

Weekly Economic Update

April 13, 2015 (content for this post provided by third party)   SERVICE SECTOR CONTINUES TO EXPAND At 56.5, the Institute for Supply Management’s March non-manufacturing index came in 0.4 points beneath its February reading but still indicated healthy expansion for the service industry. While business activity fell by 1.9%, new orders improved 1.1% and … Continue reading

Weekly Economic Update

April 6, 2015 (content for this post provided by third party)              EMPLOYERS ADD JUST 126,000 JOBS IN MARCH What led to this moderation in hiring, which snapped a yearlong streak of payrolls expanding by 200,000 or more per month? Are dollar strength and low oil prices now hampering corporate … Continue reading

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