Category Archives: Weekly Financial News

What Are Benefits of Paris Accord?

Popular Economics Weekly PARIS — More than 190 nations have agreed on a plan to limit climate change, said the conference press release, ending a decades long search for an accord requiring the world’s economies to regulate the emission of … Continue reading

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Let’s Recognize The Enormous Economic Benefits of Global Warming

Financial FAQs It should now be time to look at the future benefits that will come from the necessity to mitigate global warming, while the Paris climate change conference is in session. We already know the environmental havoc it has … Continue reading

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No Recession Is In the Cards

Financial FAQs There is a growing consensus among economists that recovery from the Great Recession will continue for several more years. This is in part because there are really no signs of a looming recession. Inflation is still too low, … Continue reading

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211,000 Payroll Jobs Not Enough

Popular Economics Weekly Friday’s unemployment report was disappointing for a number of reasons, mainly because we are not yet close to full employment, and there is no sign of inflation. The number of persons employed part time for economic reasons … Continue reading

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Lower Payroll Employment Tomorrow?

Popular Economics Weekly Will tomorrow’s unemployment report be disappointing, and so cause the Fed to hesitate in raising their overnight interest rate above 0.25 percent, as they’ve been saying they will do this month? The most current economic indicators show … Continue reading

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Fed Rate Hike Could Hurt Employment

Financial FAQs Fed Chair Janet Yellen all but confirmed the Fed was ready to raise interest rates in December. She laid out a case for raising interest rates in a speech on Wednesday at the Economic Club in Washington. “Ongoing … Continue reading

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Oct. Pending and New-Home Sales Still Rising

The Mortgage Corner Both new and existing-home sales are still thriving, given that conforming fixed rates are still at almost historic lows, in spite of a looming Fed interest rate hike. Why? It’s mainly investors worried about worldwide growth that … Continue reading

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When Is Faster Growth Coming?

Popular Economics Weekly Where is the promised growth, with almost full employment? GDP growth was revised up from 1.5 to 2.1 percent Q2 to Q3, and is up 2.2 percent annually? When, if ever, will it return to the historical … Continue reading

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Are We Running Out of Homes?

The Mortgage Corner This isn’t a repeat of the housing bubble, as some pundits would have us believe. In fact, it’s the opposite. Too few homes are being built, and existing inventories of homes for sale have fallen to 2 … Continue reading

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A Huge Employment Report

Popular Economics Weekly The economy generated 271,000 new jobs last month, with all but 3,000 coming in the private sector, the government said Friday, topping expectations for 190,000 to 240,000 jobs predicted by various economists. Almost every major industry boosted … Continue reading

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