Archive for August 23rd, 2017

Fewer Americans are using food stamps as the economy continues to chug along.

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HSBC Holdings Plc, Citigroup Inc. and Morgan Stanley see mounting evidence that global markets are in the last stage of their rallies before a downturn in the business cycle.

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Before you buy a Powerball ticket on a whim, consider this: Where you bought it makes a big difference if you win that jackpot.

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Sixty? That’s young — for a rich person.

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Sixty? That’s young — for a rich person.

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“I wanted a perfect ending. Now I’ve learned, the hard way, that some poems don’t rhyme, and some stories don’t have a clear beginning, middle, and end. Life is about not knowing, having to change, taking the moment and making the best of it, without knowing what’s going to happen next. Delicious Ambiguity.” –Gilda Radner
In “The Hitchhiker’s Guide to the Galaxy,” author Douglas Adams writes that “we demand rigidly defined areas of doubt and uncertainty.” Nowhere has that become more obvious than in the recent action of stock prices.Traders and investors now face a delicious ambiguity.
After…

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“He who tries to borrow money’ needs it solely for procuring other economic goods.” Ludwig von Mises
Seemingly lost in an endless tug-of-war between supporters of big and bigger government is that the federal government is not stockpiling dollars when it taxes and borrows away the wealth we produce. If only that were so.
When politicians take in our dollars theyre in fact stockpiling what dollars can be exchanged for. Politicians want the trucks, tractors, computers, desks, chairs, buildings and human labor that dollars can command in the marketplace, and that would otherwise…

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Newly built homes are more expensive than they've ever been before. That's why sales are suffering.

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For the first time in a decade, the world’s major economies are growing in sync, a result of lingering low-interest-rate stimulus from central banks and the gradual fading of crises that over years ricocheted from the U.S. to Greece, Brazil and beyond.

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<p>Sales of new single-family homes unexpectedly fell in July, dropping to their lowest level in seven months, which could raise concerns of a slowdown in the housing market recovery.</p>

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President Donald Trump threatened Tuesday to bring the U.S. government to the brink of a shutdown if needed to pressure Congress into funding the border wall that was a centerpiece of his 2016 campaign.

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Exxon Mobil spent the past 40 years undermining public concern over climate change, even as its own scientists determined man-made global warming was real and a serious threat, according to Harvard University researchers writing in a peer-reviewed journal.

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Before Shark Tank, before the Dallas Mavericks, before HDNet, Mark Cuban was a humble twenty-something trying to figure out his way in the business world.

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<p></p><p>U.S. stocks fell on Wednesday after President Donald Trump said he would be willing to let the government shut down without appropriations for a border wall.</p>

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<p>U.S. stocks opened lower on Wednesday after President Donald Trump said he would be willing to let the government shut down without appropriations for a border wall.</p>

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