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2,193 results found
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CONNECTICUT MONEY: US economy stronger than predicted
Growth in the U. S. economy was stronger than expected in the third quarter, and most forecasts call for continued solid growth in 2020, although at a slower pace than 2018-2019. The nation’s gross domestic product (GDP) grew at a rate of 1.9 percent in the third quarter, down slightly from 2 percent in the second quar
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What recession? Pessimism recedes for global economy in 2020.
Slowing growth and trade tensions were seen a few months ago as major threats to the global economy. The outlook has shifted notably. A nuanced optimism has crept into the stock markets and forecasts about the world economy. Where traders and economists once predicted a U. S. recession in 2020 or certainly by 2021, man
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How Tax Reform Has Impacted the Housing Market
When the Tax Cuts and Jobs Act was enacted in 2017, it reduced tax breaks for homeowners. Mainly, it lowered the cap on the mortgage interest deduction to $750,000, down from $1 million, and the deduction for state and local property taxes was capped at $10,000. At the time, housing experts and economists said the chan
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Banks Are Approving Small Business Loans at Rates Not Seen Since Before The Great Recession
Approvals of loan applications from small business owners reached the post-recession high mark (26.9%) at big banks (assets of $10 billion+), while
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Treasury Secretary Janet Yellen says higher interest rates may be needed so economy doesn't 'overheat'
It might be necessary to lift interest rates to keep the economy from overheating, Janet Yellen said. The Treasury Secretary's comments contrast with the Fed's plans to hold rates near zero through 2023. Some experts fear Biden's latest spending plans risk dangerously strong inflation. See more stories on Insider's bus
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Inflation is Healthy for the Economy – but too much can Trigger a Recession
This article was written by Richard S. Warr, Professor of Finance at North Carolina State University, and originally appeared on The Conversation , a not-for-profit news site dedicated to unlocking ideas and knowledge from academic experts. In a healthy economy, prices tend to go up – a process called inflation. While
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7 Ways Rental Properties Can Help You Retire Early
Once upon a time, workers saved up a nest egg over the course of a 40-50 year career, and then spent it down in retirement. And hoped they didn't run out money before kicking the bucket.
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Is It Time to Make Your Money Boring Again?
Financial stability rarely comes from thrills — it comes from consistency.
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Preparing for the Worst: Retirement During a Recession
Every retirement story is different, but they all share a common theme of preparing for the unknown.
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Trump’s Tariffs: Four Things Small Businesses Can Do Now To Survive
New tariffs on imported goods could have a negative impact on small businesses. If your business relies on foreign-made products and parts, here are some ways to mitigate the potential effects