Today the stock market is an integral part of our economy, and it is hard to imagine a time when it didn’t exist. That time was over 300 years ago. But, towards the end of the 17th century, when trading started in Jonathan’s Coffee House, situated near the Exchange Alley in the city of London,...
Although positive news about the economy is beginning to become more prevalent, many people feel that the United States economy remains mired in the doldrums. Government debt continues to expand, housing values continue dropping, energy prices remain volatile and people are waiting for the proverbial next shoe to drop. Three fundamental problems are facing the...
In this volatile economy, foreclosure rates are skyrocketing. For a homeowner, their last chance at avoiding foreclosure is a short sale. For the buyer, that can be a tough situation to move into. The decision to put an offer on a home that is being sold as a short sale can be confusing. Researching a...
Experts tend to agree that 2012 will see home prices rising slightly. Coming from Fiserv, a firm that accurately predicted that 2011 home values would drop, there’s a good chance that this prediction isn’t too far off the mark. On the other hand, some predictions slate 2012 to be just like this past year, with...
With the economy we have right now, we must learn how to maximize our income. We can do this by being more careful with how we use our money. There are things that we can live without. But there are also things that we have to allocate money for. This includes food. If you are...
Over the last few years, gold has experienced a sudden price spike, similar to what occurred in the 1980s. As of today (Nov 3, 2011), gold sits at $1762 an ounce. This is down $134 from an all-time high of $1896 (on September 2011). Experts are mixed as to whether gold is teetering on the...
During the past few years, we’ve seen the housing market take a plunge downward as lower mortgage rates have remained in place, while the economy has desperately tried to recover. Recently there has been a slight increase in the mortgage rates and buyers are wondering if the rates will continue to increase. One of the...
At the worst possible time for millions of Americans struggling to feed their families and maintain their residences amidst a still stifling post-recessionary economy — much of the United States still besieged by ruined markets and bleak financial indicators — the multinational banking conglomerates effectively controlling credit card debt accounts within this country have embarked...
When the economy isn’t at its highest levels, more people are out of work, financial hardships are increasing, and more spare time is readily available, one would assume that crime rates would increase, and vice versa; when the economy is flourishing, crime would go down. While it would make sense to link a time of...
The UK economy appears to have finally escaped the spectra of recession, but growth remains low. The latest snapshot from the National Institute for GDP indicates a slowdown in month-on-month growth, which it said showed a “picture of continued weakness in the UK economy”. Austerity cuts, increasing energy bills, and higher fuel costs are all...