On the basis of the last consecutive three trading days we can strongly confirm that the U.S. economic condition has definitely become less favorable and it is about to face a severe dollar crisis. During those last three days, the dollar dropped several times to new records low versus the 15-nation currency.
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I recently got a chance to read a very interesting book that tells the full story about subprime and the crazy days of the last real estate boom. The name of the book is “Greed, Fraud & Ignorance: A Subprime Insider's Look at the Mortgage Collapse” by Richard Bitner, a 14-year veteran of the mortgage industry.
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Old credit card debt, real or otherwise, might be making a detour. Here comes a new term in relation to debt: Zombie Debt. Have you heard about it before?
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In this high-risk monetory environment, wouldn't it be great if you could hire a financial manager who takes care of all your needs so you have a little less to worry about? Unfortunately, most of us do not have such luxury!! Luckily though, there's a new online tool that can prove to be a one-stop portal for all your money-management needs, including loans, credit-cards, insurance and more!
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The Florida Lottery announced today that one lucky player matched all six winning numbers in the Wednesday, Feb. 20, FLORIDA LOTTO drawing and will win a guaranteed $37 million jackpot.
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Have you heard the word stagflation? It's more associated in recent times to U.S. economy. If you guessed that stagflation means a combination of stagnation and inflation that's close. The long story short, the fears of both, in relation to U.S. economy are are coming back.
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Alaric completes key authorisation and switching project for largest island credit union from specification to go-live in just two months.
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In most cases, taxpayers will not have to do anything extra to get the tax rebate payments. Eligible Taxpayers Must File a 2007 Tax Return to Receive Rebate.
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An economic stimulus plan expected to be signed this week by President Bush will provide most Americans with rebates of $300, $600 or $1,200 in 2008, plus $300 for each child, depending on their filing status, income and net tax liability.
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The U.S. census reports that 36.5 million people or 9% of the population were living within the technical definition of poverty in 2006. "There is still a generation of no progress against poverty," said Sheldon Danziger, at the National Poverty Center in Michigan. "Somehow, we have to confront the fact that ... a rising economy no longer lifts all boats." If you travel in the United States, you can see that this is the case for all kinds of reasons.
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Coutts & Co launches first UK-wide ‘Wealth Inflation Index’ - Report reveals spending habits of the wealthy
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